Cheoy Lee Offshore 38 Sailboats for Sale

Ray Richards·1975·Cheoy Lee Shipyard
Approximate drawing

Hover a measurement to read its value

Hull Type
Monohull · long
Rig
Masthead Sloop
LOA
37.92' · 11.56 m
Disp.
18,800 lbs · 8,528 kg
First year
1975

The Cheoy Lee Offshore 38, designed by naval architect Ray Richards, represents a pivotal era in the transition from traditional wooden boat aesthetics to the durability of fiberglass construction. Produced primarily in the late 1960s and 1970s, this vessel was part of the "Offshore" series that established Cheoy Lee as a powerhouse in the American export market. Unlike the Phil Rhodesdesigned Offshore 40, which featured a more traditional full keel, Richards gave the 38 a modern underwater profile for its time, incorporating a long fin keel and a skeghung rudder. This design choice aimed to balance the seaworthiness of a bluewater cruiser with improved maneuverability and reduced wetted surface. Often characterized by the extensive use of Burmese teak both on deck and throughout the cabin, the Offshore 38 is frequently mistaken for a wooden boat at a distance, embodying the "classic" yacht aesthetic that remains highly sought after by traditionalists.

Market snapshot

Median asking · 12 mo
$ 38,983
Asking price · 2 listings
Recent listings · 90 d
0
2 tracked · 12 mo
3-month price trend
Not enough data yet
Countries with listings
2
Australia (50.0%) · Spain (50.0%)

Recent Listings

1 for sale · showing 10 newest

Where they're listed

Cheoy Lee Offshore 38 listings appear across 2 countries. Australia has the most listings with 1 (50.0%), followed by Spain.

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

Country view

2 listings · 2 countries
CountryMedian askListings · 12 moActive · 90 dShare
Australia$ 41,5281050.0%
Spain$ 36,4371050.0%

Comparable models

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

Similar boats to compare

5 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Hallberg-Rassy 3837.96'$ 78,567295
Nicholson 3837.83'$ 32,728147
Morgan 3837.67'$ 59,98863
Endurance 3837'$ 85,39951
Cheoy Lee Offshore 38You are here$ 38,98320

Frequently asked questions

01How much does a used Cheoy Lee Offshore 38 cost?+
The median asking price for a used Cheoy Lee Offshore 38 over the past 12 months is $38,983. Prices vary by condition, year, equipment, and location.
02How many Cheoy Lee Offshore 38 sailboats are for sale?+
2 have been tracked across the past 12 months.
03Where are Cheoy Lee Offshore 38 sailboats for sale?+
The top markets for used Cheoy Lee Offshore 38 listings over the past 12 months are Australia (50.0%), Spain (50.0%).
04What should I look at instead of a Cheoy Lee Offshore 38?+
Comparable models include Hallberg-Rassy 38, Nicholson 38, Morgan 38. Use the comparison table above to check pricing and availability.