The Cheoy Lee 48 occupies a unique position in the heritage of the Lo family’s shipyard, representing two distinct eras of yacht design. The model name primarily refers to two highly sought-after variants: the traditional, Bill Luders-designed Clipper 48 ketch and the performance-oriented Robert Perry-designed Golden Wave 48 (often marketed simply as the Cheoy Lee 48). While both vessels share the shipyard's hallmark of heavy-duty construction and prolific use of Burmese teak, they cater to vastly different sailing philosophies. The Luders version is a classic, heavy-displacement cruiser defined by its clipper bow and bowsprit, while the Perry version reflects the transition toward modern performance-cruising with a fin keel and a more efficient underwater profile. According to the Cheoy Lee Shipyard official history, these vessels were a cornerstone of the yard's successful export era to the United States throughout the 1970s and 1980s.
Cheoy Lee 48 Sailboats for Sale & Market Overview
- Make
- Cheoy Lee
- Model
- 48
- Builder
- Cheoy Lee Shipyard
- Designer
- Robert H. Perry
- Number Built
- 40
- Production Year(s)
- 1980 - ??
Below are the most recent Cheoy Lee 48 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) |
|---|---|---|
| Feb 2026 | 2 | $74,450 |
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Vagabond 47 | 46.58' | $96,065 | 24 | 8 |
| Tayana 48 | 48' | $330,000 | 23 | 6 |
| Cambria 48 | 48.92' | $79,500 | 21 | 10 |
| Swan 48 | 48.49' | $583,147 | 14 | 6 |
| Hallberg-Rassy 48 | 49.18' | $547,804 | 9 | 3 |
| Cheoy Lee Offshore 47 | 46.75' | $124,975 | 8 | 3 |
| Hans Christian 48 | 47.83' | $259,000 | 7 | 3 |
| Bruce Roberts 48 | $167,500 | 6 | 2 | |
| Cheoy Lee Offshore 41 | 40.92' | $55,000 | 5 | 1 |
| Cheoy Lee 48 | $74,450 | 2 | 2 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $74,450 | 2 | 2 |
Frequently Asked Questions
- How much does a used Cheoy Lee 48 cost?
- The median asking price for a used Cheoy Lee 48 over the past 12 months is $74,450. Prices vary by condition, year, equipment, and location.
- How many Cheoy Lee 48 sailboats are for sale?
- We have tracked 2 Cheoy Lee 48 listings over the past 12 months, with 2 listed within the last 90 days.
- Are Cheoy Lee 48 prices going up or down?
- The median asking price for the Cheoy Lee 48 has remained stable over the last 3 months compared to the 12-month average.
- What are similar sailboats to the Cheoy Lee 48?
- Comparable models include the Vagabond 47, Tayana 48, Cambria 48. See the comparison table above for pricing and availability.