The Cheoy Lee 32, most prominently realized as the Alden 32 Motorsailer, is a quintessential example of the "50/50" design philosophy that gained traction in the 1970s. Designed by the esteemed naval architecture firm John G. Alden and built by Cheoy Lee Shipyard in Hong Kong, this vessel was engineered for the cruising sailor who refuses to choose between the reliability of a powerboat and the grace of a sailing yacht. Characterized by its robust full-keel hull, heavy displacement, and extensive use of Burmese teak, the 32 stands as a testament to an era when "overbuilt" was the standard. While Cheoy Lee produced other hulls near this size, including the Bill Richards-designed 32 sloop and the 32-foot trawler, the Alden-designed motorsailer remains the most culturally significant "32" in the shipyard's historical portfolio, bridging the gap between their heritage in commercial steamships and their mid-century expansion into pleasure craft.
Cheoy Lee 32 Sailboats for Sale & Market Overview
- Make
- Cheoy Lee
- Model
- 32
- Builder
- Cheoy Lee Shipyard
- Designer
- Raymond Richards
- Number Built
- Production Year(s)
- 1976 - ??
Below are the most recent Cheoy Lee 32 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) |
|---|---|---|
| Jan 2026 | 2 | $20,738 |
Median Price by Country
Listings by Country
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Contessa 32 | 32' | $39,233 | 44 | 24 |
| Island Packet 32 | 35' | $67,000 | 31 | 7 |
| Nicholson 32 | 32' | $20,000 | 15 | 3 |
| Rival 32 | 31.83' | $19,409 | 14 | 7 |
| Pacific Seacraft Crealock 37 | 36.92' | $66,323 | 10 | 2 |
| Pacific Seacraft PH 32 | $134,900 | 9 | 2 | |
| Morgan 32 | 31.92' | $24,950 | 8 | 3 |
| Cheoy Lee Offshore 41 | 40.92' | $55,000 | 5 | 1 |
| Bristol 32 | 32' | $16,900 | 5 | 0 |
| Bavaria 32 | 33.75' | $55,369 | 3 | 0 |
| Cheoy Lee 32 | $20,738 | 2 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| Australia | $21,475 | 1 | 0 |
| United States | $20,000 | 1 | 0 |
Frequently Asked Questions
- How much does a used Cheoy Lee 32 cost?
- The median asking price for a used Cheoy Lee 32 over the past 12 months is $20,738. Prices vary by condition, year, equipment, and location.
- How many Cheoy Lee 32 sailboats are for sale?
- We have tracked 2 Cheoy Lee 32 listings over the past 12 months, with 0 listed within the last 90 days.
- Where is the cheapest place to buy a Cheoy Lee 32?
- United States currently has the lowest median asking price at $20,000, while Australia is the most expensive at $21,475 — a 7% difference.
- What are similar sailboats to the Cheoy Lee 32?
- Comparable models include the Contessa 32, Island Packet 32, Nicholson 32. See the comparison table above for pricing and availability.