Cheoy Lee Midshipman 40 Sailboats for Sale & Market Overview

Cheoy Lee Midshipman 40 Drawing
Make
Cheoy Lee
Model
Midshipman 40
Builder
Cheoy Lee Shipyard
Designer
A.E. Luders
Number Built
Production Year(s)
1972 - ??

The Cheoy Lee Midshipman 40 represents a significant milestone in the evolution of center-cockpit cruising yachts, blending the aesthetic traditions of the Lo family’s shipyard with the naval architecture of A.E. "Bill" Luders Jr. Launched in the early 1970s, this model was designed to satisfy the growing American demand for a "liveaboard" vessel that prioritized interior volume and private accommodations without sacrificing the seaworthy characteristics for which Cheoy Lee was already famous. As a heavy-displacement ketch, the Midshipman 40 occupies a specific niche between the classic lines of the Cheoy Lee Clipper series and the more contemporary performance-oriented cruisers that followed in the late 1980s.

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Market Overview

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Median Asking Price (past 12 months)
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Listings Tracked (past 12 months)
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New Listings (90 days)
Comparable Models to Cheoy Lee Midshipman 40
ModelLOAMedian Price (USD)ListingsRecent
Island Packet 4040' $159,900338
Rival 4039.92' $169,443145
Tartan 4040.25' $89,900140
Bowman 3636' $39,206149
Moody 4039.5' $88,328105
Gulfstar 44 Kth44.67' $49,00093
Cheoy Lee Offshore 4140.92' $55,00051
Islander 40 MS44' $30,00052
Cheoy Lee Luders 3635.5' $39,50041
Allied Mistress 3939.67' $22,75020

Frequently Asked Questions

What are similar sailboats to the Cheoy Lee Midshipman 40?
Comparable models include the Island Packet 40, Rival 40, Tartan 40. See the comparison table above for pricing and availability.