Cheoy Lee 38 Sailboats for Sale & Market Overview

Drawing Diagram

Builder drawing

Hull type

Monohull · fin

Rig

Ketch

LOA

37.92' · 11.56 m

Displ.

17,500 lbs · 7,938 kg

First year

1968

The Cheoy Lee 38, primarily recognized as the Ray Richardsdesigned cruiser introduced in the mid1970s, represents a sophisticated evolution in the shipyard’s storied transition from traditional wooden hulls to highquality fiberglass construction. While Cheoy Lee had previously found massive success with the Bill Ludersdesigned "Offshore" series, the Richards 38 was part of a newer generation that aimed to bridge the gap between heavydisplacement traditionalism and the emerging demand for better windward performance. Produced primarily at the Penny’s Bay facility in Hong Kong, the 38 was offered in both sloop and ketch configurations, catering to the bluewater aspirations of the North American and European markets. It remains a hallmark of the "Golden Era" of boatbuilding, where robust scantlings were paired with an almost legendary amount of interior teak joinery.