Cheoy Lee Offshore 47 Buyer's Guide
The Cheoy Lee Offshore 47 is a Luders-designed 46-foot 10-inch cruiser built by Cheoy Lee primarily in the 1970s, with early hulls from 1972 and common availability across 1973–1978. On the used market she appears as a rare traditional-line ketch, sloop, or yawl with solid fiberglass construction and a laid teak deck — a boat that rewards a buyer who knows teak upkeep and wants a serious shell underneath.
Layouts on the Used Market
Owner three-cabin arrangements are the more common layout among used examples, though both owner and ex-charter configurations are available and ex-charter boats themselves are common. The three-cabin owner version is the one most shoppers will actually walk onto, with the ex-charter history a useful signal that the hull saw heavier rotational use and likely harder wear on systems.
Equipment and Common Upgrades
Power and energy systems are commonly fitted: autopilots, watermakers, solar, lithium batteries, and electric winches appear on most boats, meaning a buyer can expect push-button sail handling and off-grid staying power as standard rather than surprise. Often-seen upgrades include heating, an inverter, a wind generator, a freezer, a dodger, and a short-handed setup that makes single- or double-handed sailing realistic. Less common owner additions run to air conditioning, spinnaker or asymmetric spinnaker, hot water, and teak decks beyond the original laid teak.
What to Inspect
The laid teak deck and Burma teak trim are maintenance-intensive, and because the solid fiberglass hull, deck, and cabin trunk are concealed above and below by those teak overlays, a failing caulk line or rotten deck seam can pass water into the GRP unseen anchor. At viewing, probe the teak with a sounding hammer and watch for soft spots or dark staining at fasteners; lift a floorboard if possible to smell for must or see discolored fiberglass underneath. Hull thickness ranges from 7/16 inch to 1 inch, so a thin spot near a fitting is not automatically a defect, but pair the sounding with a close look at chainplate beds where teak meets structure. Original Sitka spruce spars were fitted to many boats and were often later upgraded to aluminum; on any spruce rig, check for brittle varnish, fastener weep, and soft spots at the gooseneck and spreader roots, since rot in a period spar is the quiet killer.
Availability and Buyer's Takeaway
These yachts turn up in Martinique, the United States, and Antigua and Barbuda. Before you commit, walk the teak deck with a sounding tool. Confirm the spar material and its condition. Verify the pedestal steering and roller-reefing boom operate smoothly. Check the chainplate bedding for leaks. Test the autopilot and lithium system under load. Inspect the watermaker if fitted.
Price & volume trends
Monthly asking-price and listing-volume trends for the Cheoy Lee Offshore 47. The line shows the median ask each month; the bars show how many listings appeared.
Monthly breakdown · 6 rows
| Month | Listings | Median ask | Δ vs. last mo. |
|---|---|---|---|
| Jul 25 | 1 | $149,000 | — |
| Aug 25 | 2 | $89,000 | -40.3% |
| Jan 26 | 1 | $149,000 | +67.4% |
| Apr 26 | 3 | $124,950 | -16.1% |
| May 26 | 1 | $149,000 | +19.2% |
| Aug 26 | 1 | $89,000 | -40.3% |
Where they're listed
Cheoy Lee Offshore 47 listings appear across 2 countries. Martinique has the most listings with 4 (66.7%), followed by United States.
Country view
6 listings · 2 countries| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| Martinique | $149,000 | 4 | 0 | 66.7% |
| United States | $104,000 | 2 | 1 | 33.3% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
4 similar designs| Model | LOA | Median ask | Listings · 12 mo | Active · 90 d |
|---|---|---|---|---|
| Velmare 47 | 46.58' | $ 90,000 | 30 | 5 |
| North Wind 47 | 46.75' | $ 203,914 | 23 | 9 |
| Swan 47 S&S | 47.83' | $ 135,000 | 7 | 3 |
| Cheoy Lee Offshore 47You are here | — | $ 136,975 | 6 | 1 |