Cheoy Lee Pedrick 38 Sailboats for Sale & Market Overview

Cheoy Lee Pedrick 38 Drawing
Make
Cheoy Lee
Model
Pedrick 38
Builder
Cheoy Lee Shipyard
Designer
David Pedrick
Number Built
Production Year(s)
1980 - ??

The Cheoy Lee Pedrick 38 represents a significant era of transition for the storied Hong Kong shipbuilder. Launched in the late 1970s and produced into the early 1980s, this model marked a departure from the heavy, traditional full-keel cruisers like the Offshore and Clipper series that had previously defined the brand. By commissioning David Pedrick—a naval architect who gained prominence working on America’s Cup contenders under Olin Stephens—Cheoy Lee aimed to capture the burgeoning "performance cruiser" market. The result is a vessel that blends the shipyard’s legendary teak craftsmanship with a more modern, IOR-influenced hull shape designed for speed and efficiency.

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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 Pedrick 38
ModelLOAMedian Price (USD)ListingsRecent
Sabre 3837.83' $49,900307
Beneteau First 3840.2' $35,213268
Dufour Classic 3837.58' $80,5232612
Baltic 38 DP38.08' $99,900133
Northshore 3837.99' $56,939114
Ericson 3837.67' $39,450100
Swanson 38 S&S38.25' $72,73381
Ohlson 3837.06' $41,60762
Cheoy Lee Pedrick 4140.83' $29,50040
Moody 3837.5' $96,57230

Frequently Asked Questions

What are similar sailboats to the Cheoy Lee Pedrick 38?
Comparable models include the Sabre 38, Beneteau First 38, Dufour Classic 38. See the comparison table above for pricing and availability.