The shipwreck, located west of the Burlington Breakwater, is a Vermont State Historic Site, and is accessible to registered divers.

It is one of the best-preserved examples of the 1862 class of sailing canal schooners, and was listed on the National Register of Historic Places in 1998.

[2] She was built in 1862 by Orson Saxton Spear, one of the lake's leading shipbuilders of the period, at a shipyard in South Burlington.

On May 11, 1895, she was loaded with a cargo of brick and tile, destined for Shelburne, Vermont, when she was caught up in a storm and apparently sprang a leak.

It is the only known sailing schooner wreck which includes elements of the masts and spars, giving crucial insight into the riggings of these vessels, which were built in large numbers in the mid-19th century.