Fisher-Price Imaginext Adventures Pirate Ship
This was another Christmas Present for our 3 year old. This ship is AWESOME!! Warning:It has many small pieces.
This ship is very versatile, portable, and durable. It allows for creative play, but also provided enough props for 2-3 kids to play together and have parts to play with.
I know it is a little on the pricey side, but I think it's worth it.