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 Sailboats for Sale & Market Overview
- Make
- Cabo Rico
- Model
- 38
- Builder
- Cabo Rico
- Designer
- W.I.B. Crealock/Dennis Garrett
- Number Built
- 200
- Production Year(s)
- 1977 - ??
Below are the most recent Cabo Rico 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) |
|---|---|---|
| Mar 2025 | 1 | $60,000 |
| Apr 2025 | 2 | $88,500 |
| Jun 2025 | 4 | $77,450 |
| Sep 2025 | 2 | $73,750 |
| Nov 2025 | 3 | $89,000 |
| Jan 2026 | 2 | $40,000 |
| Apr 2026 | 2 | $119,450 |
Price Reduction Insights
20.0% of listings have had price reductions
Average discount: 10.1% off original price
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Sabre 38 | 37.83' | $49,900 | 30 | 7 |
| Island Packet 38 | 38' | $99,000 | 28 | 11 |
| Hallberg-Rassy 38 | 37.96' | $92,479 | 22 | 9 |
| Caliber 40 | 40.92' | $169,000 | 14 | 3 |
| Cabo Rico 38 | $89,000 | 13 | 4 | |
| Shannon 38 | 37.75' | $64,950 | 13 | 4 |
| Caliber 38 | 38' | $84,500 | 11 | 7 |
| Cabo Rico 40/42 | 46.5' | $245,000 | 9 | 2 |
| Cabo Rico 34 | 37' | $87,000 | 6 | 1 |
| Downeaster 38 | 38' | $47,450 | 4 | 3 |
| Moody 38 | 37.5' | $96,602 | 3 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $89,000 | 13 | 4 |
Frequently Asked Questions
- How much does a used Cabo Rico 38 cost?
- The median asking price for a used Cabo Rico 38 over the past 12 months is $89,000. Prices vary by condition, year, equipment, and location.
- How many Cabo Rico 38 sailboats are for sale?
- We have tracked 13 Cabo Rico 38 listings over the past 12 months, with 4 listed within the last 90 days.
- Are Cabo Rico 38 prices going up or down?
- The median asking price for the Cabo Rico 38 has decreased by 27.53% over the last 3 months compared to the 12-month average.
- Do Cabo Rico 38 listings get price reductions?
- About 20% of Cabo Rico 38 listings have had their price reduced, with an average discount of 10.1% off the original asking price.
- What are similar sailboats to the Cabo Rico 38?
- Comparable models include the Sabre 38, Island Packet 38, Hallberg-Rassy 38. See the comparison table above for pricing and availability.