Odyssey 38 (Cole) Information, Review, Specs

Production of the Cole Odyssey 38 commenced in 1982. Ho Hsing F.R.P. Co. Ltd. emerged during a period of significant growth in the Taiwanese marine industry, becoming a global hub for fiberglass yacht production. The builder established its reputation for crafting sturdy fiberglass sailboats, characterized by durable construction and legendary teak joinery work.

The design philosophy of Peter Cole, who penned the lines for the Odyssey 38, consistently prioritized a balance of impressive sailing performance with seaworthiness and offshore capability, 8, 12]. His designs, often celebrated as cruiser/racers, focused on vessels that performed exceptionally well and were a joy to sail. The Odyssey 38 embodies this ethos, featuring a long keel hull type that contributes to its renowned stability and comfortable motion.

Sailing Performance and Handling

The Cole Odyssey 38 is a masthead sloop with a reported sail area of 681 square feet. Its design ratios suggest a capable cruiser. With a Sail Area to Displacement (SA/D) ratio of approximately 14.84, the Odyssey 38 indicates moderate light-air performance, leaning more towards power and stability in varied conditions rather than being a light-wind specialist.

The Ballast to Displacement (Bal/D) ratio stands at a robust 0.415 (41.50%), suggesting a stiff and stable vessel capable of standing up to significant wind and maintaining an upright stance in a seaway. This high ballast ratio is a key indicator of its offshore cruising capability. The Displacement to Length (D/L) ratio of around 279.1 (278.97) places the Odyssey 38 in the category of a moderately heavy cruiser. This weight class, combined with its long keel, contributes to a sea-kindly motion, excellent directional stability, and a comfortable ride, particularly in active seaways. Peter Cole's designs, including the Odyssey 38, are generally noted for their strong performance and enjoyable handling.

Accommodations and Layout

The interior of the Cole Odyssey 38, often described as having an "incredible layout" and "floating furniture" due to its Taiwanese craftsmanship, emphasizes functionality, comfort, and ample storage, making it suitable for cruising or liveaboard use. The main saloon is typically paneled in solid teak, complemented by brass mesh-fronted locker doors and operable stainless steel portlights, creating a cozy nautical ambiance.

A U-shaped dining area to port with a rectangular oak-veneered table can comfortably seat four to six and can be extended or dropped to form a double berth. Opposite, a settee or sea berth provides additional seating. Forward, a V-berth cabin features lockers and shelves, with the option of a filler to convert twin berths into a double bed. A head compartment with a basin, lockers, and a pull-out shower handle is located forward, accessible from both the saloon and the forward cabin.

Aft of the saloon, a nicely appointed galley to port includes light-colored laminate countertops, built-in fridge and freezer compartments, a gimballed two-burner stove with an oven, and a double sink, alongside extensive storage in lockers and drawers. To starboard of the galley, a forward-facing chart table houses electrical panels and navigation systems, offering a dedicated workspace. Further aft, the master stateroom features a large Pullman berth to starboard and a sofa to port, complete with a vanity area. Large hanging lockers and cavernous storage are impeccably finished in solid teak throughout the aft cabin. Ventilation and natural light are enhanced by central hatches and multiple operable portlights.

Owner's Perspectives

Owners consistently praise the Cole Odyssey 38 (Nantucket Island 38) for its ultra-strong, solid fiberglass construction and robust build quality, often noting its encapsulated lead keel as a significant factor in its durability and safety. These vessels are sought-after in the cruising market, with their enduring quality reflected in their continued presence on the used boat market. The interior layout is frequently highlighted for its thoughtful design, providing a high level of functionality and comfort for extended cruising. The copious storage throughout the boat is also a recurrent positive, described as being able to "swallow tools and spare parts, along with three months worth of groceries" in similar Peter Cole designs built for offshore. While specific common weaknesses are not widely documented, the general consensus points to a well-built, capable cruising boat that holds its value due to its robust design and construction.