Cheoy Lee 38 Sailboat Review, Specs, and Listings

Ray Richards·1968·Cheoy Lee Shipyard
Cheoy Lee 38 drawingBuilder drawing
Hull Type
Monohull · fin
Rig
Ketch
LOA
37.92' · 11.56 m
Disp.
17,500 lbs · 7,938 kg
First year
1968

The Cheoy Lee 38, also listed as the Cheoy Lee Offshore 38, is a fiberglass cruiser built in Hong Kong by Cheoy Lee Shipyard Ltd. Designed by American naval architect Reymond H. Richards, it measures 37 feet 11 inches overall and was produced from around 1968 through the late 1970s and early 1980s. The Offshore 38 designation is most often associated with boats from 1975 onward.

Measurements

Dimensions 01

Length Overall
37.92 ft
Length on deck
—
Waterline Length
30.67 ft
Beam
12 ft
Draft
5.68 ft
Maximum Headroom
—
Air Draft
—

Construction & hull 02

Construction
Fiberglass
Hull Type
Monohull
Keel Type
Fin
Rudder
1× Skeg-Hung
Ballast
7,000 lbs (Iron)
Displacement
17,500 lbs
Water Capacity
110 gal
Fuel Capacity
45 gal

Rig & sails 03

Rigging Type
Ketch
Mainsail luff
40.6 ft
Mainsail foot
13 ft
Foretriangle height
45.5 ft
Foretriangle base
14.5 ft
Forestay Length (estimated)
47.75 ft
Sail Area
753 sqft

Calculations 04

Sail Area to Displacement Ratio
17.87
Ballast to Displacement Ratio
40
Displacement to Length Ratio
270.8
Comfort Ratio
30.08
Capsize Screening Ratio
1.85
Hull Speed
7.42 kn

The design belongs firmly to Cheoy Lee’s fiberglass era, after the yard had moved away from its earlier teak-hull tradition and begun producing solid-GRP pleasure yachts in volume. With a displacement of 17,500 pounds, 7,500 pounds of iron ballast, a 12-foot beam, and a 30-foot-7-inch waterline, the 38 is a moderate-to-heavy cruiser rather than a lightweight racer.

Design and Construction

Cheoy Lee gave the 38 heavy-duty fiberglass construction, with a solid GRP hull and deck and no core. Teak trim and interior woodwork run throughout the accommodations.

The hull has a maximum draft of 5 feet 8 inches. Cheoy Lee offered the boat in a long-keel configuration and, in some variants, with a fin and skeg-hung rudder. On the latter, the skeg places the steering blade in protected water behind the keel—a sensible offshore arrangement for a boat of this displacement and beam.

Cheoy Lee’s fiberglass development during the 1960s places the 38 among the yard’s fully molded cruisers rather than its earlier planked boats. The solid laminate also provides a straightforward structure without the hidden delamination risks associated with later foam-core production.

Rig and Handling

The Cheoy Lee 38 carries a traditional masthead sloop rig as standard, while related discussions also note a ketch option.

The sloop has a 38.5-foot foretriangle hoist and an 18.75-foot base. Its 257.6-square-foot mainsail sets on a 34.5-foot luff. The working jib measures 369.4 square feet, while a 150-percent genoa provides 571.9 square feet; a second, slightly smaller genoa measures 510.5 square feet. An asymmetrical spinnaker of 944 square feet completes the light-air inventory.

With a sail-area-to-displacement ratio near 17.9 and a comfort ratio above 30, the 38 is a sturdy, moderate-to-heavy, bluewater-capable cruiser with good motion comfort and offshore potential. It’s better suited to extended coastal or ocean passages than to windward sprints.

Accommodations

Within its 37-foot-11-inch length, the Cheoy Lee 38 provides a spacious layout for its size. Teak interior woodwork gives the saloon and quarters the warm, traditional character expected of a cruiser from this period.

The 12-foot beam and solid-GRP construction allowed Richards to devote volume to living space rather than structural contingency. The boat’s reputation as a bluewater-capable cruiser rests as much on this roomy, settled interior as it does on the hull form.

Maintenance and Known Issues

The main service demands on an aging Cheoy Lee 38 concern the materials that give the boat much of its character. Older exterior teak trim and interior woodwork—now decades old on surviving boats—need continuing attention to prevent weathering and degradation.

The rig also requires scrutiny. On a boat of this age, original standing and running rigging has seen many seasons and must be inspected and renewed as needed. Neither teak maintenance nor aging rigging is a structural defect in the hull, but both are recurring ownership obligations on a design whose appeal is closely tied to its wood trim and traditional rig.

The Verdict

The Cheoy Lee 38 is a straightforward, solidly built fiberglass cruiser from Cheoy Lee’s Hong Kong production of the late 1960s through the early 1980s. Reymond H. Richards gave it a moderate-to-heavy hull, good motion comfort, and a roomy, teak-trimmed interior. Both the long-keel layout and the available fin-with-skeg arrangement suit extended cruising.

This isn’t a performance boat. As a sturdy, offshore-capable sloop or ketch, however, it remains a sensible platform for coastal and ocean passage-making, provided the buyer budgets for teak and rigging upkeep.

Pros

  • Solid construction with no core to delaminate
  • Roomy, traditional teak-trimmed interior for its length
  • Good motion comfort and genuine bluewater capability
  • Offered in long-keel and fin-with-skeg-rudder variants

Cons

  • Older teak requires continual maintenance
  • Original rigging needs regular inspection and renewal
  • Moderate-to-heavy hull is not quick to windward

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