The Alpa 38, frequently referred to in Mediterranean circles by its metric designation as the Alpa 11.50, represents the pinnacle of the collaboration between the Italian shipyard Alpa and the legendary American design firm Sparkman & Stephens. Launched in the early 1970s, the Alpa 38 was born during the transformative era of the International Offshore Rule (IOR), which heavily influenced hull shapes and sail plans of the period. While many builders were experimenting with lighter, more ephemeral constructions, Alpa maintained a reputation for "over-built" fiberglass layups, positioning the 38 as a premium offshore cruiser-racer. This model followed the success of the smaller Alpa 9.50 and helped solidify the brand's identity as the "Italian Nautor’s Swan," offering a similar blend of Sparkman & Stephens performance and high-end interior joinery. The vessel’s lineage is officially documented as Sparkman & Stephens Design No. 2221, a heritage that remains a primary selling point for the model on the secondary market today.
Alpa 38 Sailboats for Sale & Market Overview

- Make
- Alpa
- Model
- 38
- Builder
- Alpa
- Designer
- Sparkman & Stephens
- Number Built
- Production Year(s)
- 1976 - ??
Below are the most recent Alpa 38 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date | |
|---|---|---|---|---|---|---|---|---|---|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| Sep 2025 | 1 | $37,698 |
| Jan 2026 | 1 | $58,035 |
| Apr 2026 | 1 | $58,904 |
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Tartan 37 | 37.29' | $49,000 | 45 | 12 |
| Beneteau First 38 | 40.2' | $35,218 | 26 | 8 |
| Hallberg-Rassy 38 | 37.96' | $92,479 | 22 | 9 |
| Sigma 38 | 38.33' | $53,013 | 16 | 5 |
| Northshore 38 | 37.99' | $56,909 | 11 | 4 |
| Whitby 37 | 37.17' | $34,320 | 10 | 3 |
| Swanson 38 S&S | 38.25' | $72,729 | 8 | 1 |
| Alajuela 38 | 46' | $39,000 | 7 | 2 |
| Ohlson 38 | 37.06' | $41,612 | 6 | 2 |
| Alpa 38 | $58,035 | 3 | 1 | |
| Moody 38 | 37.5' | $96,602 | 3 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| Italy | $58,035 | 3 | 1 |
Frequently Asked Questions
- How much does a used Alpa 38 cost?
- The median asking price for a used Alpa 38 over the past 12 months is $58,035. Prices vary by condition, year, equipment, and location.
- How many Alpa 38 sailboats are for sale?
- We have tracked 3 Alpa 38 listings over the past 12 months, with 1 listed within the last 90 days.
- Are Alpa 38 prices going up or down?
- The median asking price for the Alpa 38 has increased by 1.5% over the last 3 months compared to the 12-month average.
- What are similar sailboats to the Alpa 38?
- Comparable models include the Tartan 37, Beneteau First 38, Hallberg-Rassy 38. See the comparison table above for pricing and availability.