Cheoy Lee Midshipman 40 Sailboats for Sale

A.E. Luders·1972·Cheoy Lee Shipyard
Cheoy Lee Midshipman 40 drawingBuilder drawing
Hull Type
Monohull · fin
Rig
Ketch
LOA
39.83' · 12.14 m
Disp.
22,000 lbs · 9,979 kg
First year
1972

The Cheoy Lee Midshipman 40 represents a significant milestone in the evolution of centercockpit 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 heavydisplacement ketch, the Midshipman 40 occupies a specific niche between the classic lines of the Cheoy Lee Clipper series and the more contemporary performanceoriented cruisers that followed in the late 1980s.

Market snapshot

Median asking · 12 mo
Asking price
Recent listings · 90 d
Listed for sale
3-month price trend
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Countries with listings
Global market

Recent Listings

2 for sale · showing 10 newest

Comparable models

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

Similar boats to compare

3 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Hughes 4040'$ 69,900173
Morgan 40 Cruising Ketch40.16'$ 26,000109
Bayfield 4045.5'$ 98,50074

Frequently asked questions

01What should I look at instead of a Cheoy Lee Midshipman 40?+
Comparable models include Hughes 40, Morgan 40 Cruising Ketch, Bayfield 40. Use the comparison table above to check pricing and availability.