The Cabo Rico 38 is widely regarded as one of the most aesthetically pleasing and seaworthy traditional cruisers ever produced. Designed by the legendary W.I.B. Crealock, the 38 was an evolution of his earlier Tiburon 36, refined to provide better balance, more internal volume, and improved performance under sail. Built in San Jose, Costa Rica, the model remained in production for decades, becoming the flagship of the yard’s philosophy: that a yacht should be a safe, comfortable, and beautiful home capable of crossing any ocean. Its clipper bow, honey-colored teak joinery, and substantial displacement have earned it a cult following among "blue-water" traditionalists who value substance over modern racing trends.
Cabo Rico 38 Information, Review, Specs

- Make
- Cabo Rico
- Model
- 38
- Builder
- Cabo Rico
- Designer
- W.I.B. Crealock/Dennis Garrett
- Number Built
- 200
- Production Year(s)
- 1977 - ??
Sailing Performance & Handling
The Cabo Rico 38 is the quintessential heavy-displacement cruiser, designed for stability and momentum rather than sprinting. With a Displacement/Length (D/L) ratio typically exceeding 370, the hull is designed to "smooth out" the ocean. In a blow, the 38 shines; its full keel with a cutaway forefoot allows it to track straight and resist leeway, while the heavy ballast-to-displacement ratio ensures a stiff, upright ride even when the whitecaps begin to curl.
Under sail, the boat is most commonly found as a cutter, a configuration Crealock favored for its versatility. The ability to reef down to a staysail and a deep-reefed main allows the boat to remain manageable in 30-knot gusts. According to editorial reviews in Cruising World, the boat is surprisingly nimble for a full-keel design, thanks to the specific shape of the underwater profile which reduces wetted surface area compared to a traditional "barn door" keel. However, owners frequently note that in light airs (under 8-10 knots), the 38 requires a large genoa or a cruising spinnaker to keep moving. It is not a boat that "points" like a fin-keeled racer, but it will maintain a steady 6 to 7 knots on a reach with a level of comfort that prevents crew fatigue on long passages.
Interior Comfort & Variations
The interior of the Cabo Rico 38 is often described as a "teak forest," showcasing the exceptional craftsmanship available in Costa Rica during its production run. The joinery is typically solid plantation-grown teak, often finished with multiple coats of oil or varnish, creating a warm, ship-like atmosphere that modern production boats rarely replicate.
The standard layout features a large V-berth forward, followed by a head with a separate stall shower—a luxury for a 38-footer of this era. The salon utilizes a U-shaped settee to port and a straight settee to starboard, providing excellent sea berths. One of the most praised aspects of the design is the galley, which is deep and secure for cooking while underway.
Several variations exist to cater to different cruising styles. The "Standard" model provides a traditional layout, while the "XL" version often features minor modifications to the cabinetry for increased storage. More distinct is the Cabo Rico 38 Pilothouse variant, which utilizes the same hull but adds a raised coachroof and an internal steering station. This sibling model is particularly popular in higher latitudes, though it sacrifices some of the sleek lines of the original trunk-cabin design.
Popular Mentions & Media
The Cabo Rico 38 has solidified its place in maritime literature as a benchmark for the "traditional" cruising ideal. It is frequently cited in lists of the best offshore boats ever built, including a prominent feature in Gregg Nestor’s "Twenty Affordable Sailboats to Take You Anywhere." The boat’s reputation for durability is further bolstered by numerous circumnavigations, often documented in long-form cruising blogs and early sailing forums where it is routinely compared to other "full-keel greats" like the Westsail 32 or the Hans Christian 38.
Known Issues & Buyer’s Checklist
While the Cabo Rico 38 is built to an exceptionally high standard, its age and specific construction methods necessitate a focused survey in several areas:
- Chainplates: On many older models, the chainplates were glassed into the hull or hidden behind cabinetry. This makes inspection difficult and can lead to unnoticed crevice corrosion. Modern buyers often prefer boats where the chainplates have been moved externally or replaced and made accessible.
- Fuel Tanks: The original fuel tanks were often made of black iron or mild steel and were fiberglassed into the structure. Over decades, condensation can cause these tanks to rust from the top down. Replacing them is a labor-intensive project that often requires cutting out portions of the cabin sole.
- Deck Core: Like many boats of its era, the Cabo Rico 38 uses a balsa-cored deck. While the fiberglass work is generally excellent, any unbedded hardware or leaking teak deck screws can lead to core saturation and delamination.
- Teak Decks: Many 38s were delivered with thick teak decks screwed and bonded to the fiberglass. As the bungs wear down and the sealant fails, these can become a primary source of water ingress. Prospective buyers should check for "popped" bungs or signs of sanding that has thinned the wood to its limit.
Community & Resources
The Cabo Rico community is robust and highly technical, centered primarily around the Cabo Rico Owners Group (CROG). This association maintains an extensive archive of technical manuals, original brochures, and DIY solutions for the common issues listed above. The collective knowledge of this group is an essential resource for anyone undertaking a refit of a 38.
The Verdict
The Cabo Rico 38 is a quintessential "sailor’s sailboat," designed for those who measure a vessel’s worth by its behavior in a gale rather than its speed around the buoys. It is a boat that rewards its owner with timeless beauty and immense physical security.
Pros:
- Exceptional sea-kindliness and heavy-weather stability.
- World-class interior joinery and craftsmanship.
- True "blue-water" capability with a protected rudder and full keel.
- High resale value and a dedicated community of owners.
Cons:
- Sluggish performance in light winds (under 10 knots).
- High maintenance requirements for exterior teak and traditional systems.
- Difficult access to certain structural components like fuel tanks and chainplates.
- Large turning radius due to the full-keel design, making tight docking maneuvers a challenge.
Measurements
Construction & Hull
- Construction Material
- Fiberglass
- Hull Type
- Monohull Sailboat
- Keel Type
- Full
- Rudder
- 1x Attached
- Ballast
- 7800 lbs
- Displacement
- 21000 lbs
- Water Capacity
- 150 gal
- Fuel Capacity
- 55 gal
Dimensions
- Length Overall (LOA)
- 38 ft
- Waterline Length (LWL)
- 29.25 ft
- Beam
- 11.5 ft
- Draft
- 5 ft
- Max Headroom
- -
- Air Draft
- 50 ft
Rig & Sails
- Rig Type
- Cutter
- P (Main Luff)
- 40.08 ft
- E (Main Foot)
- 15.75 ft
- I (Foretriangle Height)
- 44 ft
- J (Foretriangle Base)
- 18.5 ft
- Forestay Length (est)
- 47.73 ft
- Sail Area
- 969 sqft
Calculations
- Sail Area / Displacement (SA/D) Ratio
- 20.36
- Ballast / Displacement Ratio
- 37.14
- Displacement / Length Ratio (D/L) Ratio
- 374.62
- Comfort Ratio
- 39.37
- Capsize Screening Formula
- 1.67
- Hull Speed
- 7.25 kn