Tough call! "Free" is good but when I think "all wood", I KNOW that means "work". I have some teak on my fiberglass 31' sailboat and I wish it was stainless steel instead! But....if the engine is working, sails are good, hull is sound, you will only be out the cost of moving and a slip fee. Worse case, you end up needing to find a buyer who wants to take it on, which could take a while...let us know what you decide.