BATH (AP) — The oldest Bath-built wooden vessel known to be still afloat is returning home.

The Maine Maritime Museum is set to acquire a two-masted clipper built by shipwright Thomas E. Hagan in 1906. The Mary E is currently owned by Matt Culen of Pelham, New York.

The 73-foot-long clipper is scheduled to be delivered in April to the waterfront museum.

The Portland Press Herald reports that the museum has raised $350,000 of the $1.5 million needed make the purchase, restore it to shipshape and maintain the historic vessel as a public exhibit.

Amy Lent, the museum’s executive director, said the goal is to be able to sail the ship for special occasions.