Cheoy Lee 38 Sailboats for Sale

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, 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.

Market snapshot

Median asking · 12 mo
$ 33,251
Asking price · 1 listings
Recent listings · 90 d
0
1 tracked · 12 mo
3-month price trend
Not enough data yet
Countries with listings
1
Germany (100.0%)

Recent Listings

1 for sale · showing 10 newest

Where they're listed

Cheoy Lee 38 listings appear across 1 country. Germany has the most listings with 1.

Median ask by country
USD · past 12 months
Share of listings
Count · past 12 months

Country view

1 listings · 1 country
CountryMedian askListings · 12 moActive · 90 dShare
Germany$ 33,25110100.0%

Comparable models

Similar length, displacement, and era. Open a row to compare that model's market page.

Similar boats to compare

6 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Sabre 3837.83'$ 49,9004515
Cabo Rico 3838'$ 89,0002413
Nicholson 3837.83'$ 33,126147
Ohlson 3837.06'$ 52,665127
Morgan 3837.67'$ 75,00053
Cheoy Lee 38You are here$ 33,25110

Frequently asked questions

01How much does a used Cheoy Lee 38 cost?+
The median asking price for a used Cheoy Lee 38 over the past 12 months is $33,251. Prices vary by condition, year, equipment, and location.
02How many Cheoy Lee 38 sailboats are for sale?+
1 has been tracked across the past 12 months.
03Where are Cheoy Lee 38 sailboats for sale?+
The top markets for used Cheoy Lee 38 listings over the past 12 months are Germany (100.0%).
04Do Cheoy Lee 38 listings get price reductions?+
About 100% of Cheoy Lee 38 listings have had a price reduction, with an average discount of 1.4% off the original ask. If a listing has been on the market for more than 90 days without a cut, the seller may not be in a hurry.
05What should I look at instead of a Cheoy Lee 38?+
Comparable models include Sabre 38, Cabo Rico 38, Nicholson 38. Use the comparison table above to check pricing and availability.