Design and Construction
Peterson shaped the 38 DP around the IOR's dictates, and in those years narrow-ended hull forms were the norm, driven mainly by that rule's measurement tricks anchor. The Baltic carries a raked stem that mirrors the angle of the transom, while a shallow trunk with two sets of ports telegraphs the boat's racy intent. She draws 7 feet 3 inches on a fin keel with lead ballast of 2,950 kg against 6,500 kg displacement, and the yard built her in sturdy fiberglass with decks finished in teak or plain fiberglass. A 30-horsepower Yanmar diesel provides auxiliary power through a direct drive. The deep draft and solid construction led one reviewer to note that, while not the fastest design afloat, the 38 DP appeals to experienced passagemakers who value steadiness over raw speed anchor.
Rig and Handling
The 38 DP wears a masthead rig carrying a large genoa, and with a sail-area-to-displacement ratio of 19.9 she performs upwind and downwind with equal aplomb anchor. Period test sailors found her handling outstanding, a quality rooted in deck planning that served both cruising and racing. The deck ergonomics were laid out for a large racing crew yet remained comfortable and easy for a small crew to work, and the narrow cockpit was shaped to drain water quickly, helping retain control and stability in poor conditions. The cockpit itself, however, was designed for hard, crewed sailing rather than relaxed two-person operation.
Accommodations
Below, an idea to angle the bulkheads unlocked better use of the interior volume, and the centerline ladder drops passengers a full six feet to the sole. The Scandinavian teak interior drew praise as simply flawless, with a salon and dinette forward, a V-berth in the narrow bow, and a master stateroom aft. The galley sits to port opposite an enclosed head and chart table to starboard. Reviewers singled out a delightful after cabin, a superb galley, and a spacious saloon, though the forecabin feels a little cramped owing to the very fine bows. The same narrow-ended hull that served the rule also limited room in the pointed end.
Known Issues and Ownership Notes
Despite a claim of short-handed suitability, one review made plainly that a pair sailing her alone will find the 38 DP beyond their easy command anchor. The cockpit geometry favors a working crew, and the racy deck plan assumes more hands than a pair.
The Verdict
The Baltic 38 DP is a genuine racer-cruiser from the IOR years that aged better than most of its rule-driven contemporaries, pairing Peterson's performance hull with a teak-lined interior that satisfies long-range cruisers. She rewards an experienced owner who sails with crew, and punishes those expecting a light-air couple's boat.
Pros
- Racer-cruiser hull that proved racing, handling, and cruising can coexist
- Angled bulkheads make efficient, roomy use of the interior
- Quick-draining narrow cockpit aids stability in heavy weather
- Flawless Scandinavian teak finish with aft cabin and superb galley
Cons
- Not truly manageable by a single couple despite short-handed claims
- Fine bow narrows the forecabin considerably
- Deep 7-foot-3-inch draft limits shallow anchorages






