High Point was launched on 17 August 1962 by J. M. Martinac Shipbuilding Corporation in Tacoma, Washington as a sub-contractor to Boeing in Seattle, Washington, at a cost of $2.08 million,[4] together with Vickers, Inc. Marine and Ordnance Department in Waterbury, Connecticut, which provided hydraulic components and controls.

[1] On her foils, she obtained very high speeds, and the U.S. Navy evaluated her for mobility and flexibility as an antisubmarine warfare vessel.

On 4 April 1975, the U.S. Navy transferred High Point to the United States Coast Guard, which acquired her to evaluate hydrofoil characteristics for use in law enforcement, search and rescue, and marine environmental protection missions.

While she was attempting to moor at Naval Station Treasure Island in San Francisco Bay, her turbine exploded.

[4] In 2021, a private individual purchased High Point and began to restore her at Astoria with the goal of making her seaworthy once again.