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.
Cheoy Lee Pedrick 38 Sailboats for Sale & Market Overview

- Make
- Cheoy Lee
- Model
- Pedrick 38
- Builder
- Cheoy Lee Shipyard
- Designer
- David Pedrick
- Number Built
- Production Year(s)
- 1980 - ??
Below are the most recent Cheoy Lee Pedrick 38 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date | |
|---|---|---|---|---|---|---|---|---|---|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Sabre 38 | 37.83' | $49,900 | 30 | 7 |
| Beneteau First 38 | 40.2' | $35,213 | 26 | 8 |
| Dufour Classic 38 | 37.58' | $80,523 | 26 | 12 |
| Baltic 38 DP | 38.08' | $99,900 | 13 | 3 |
| Northshore 38 | 37.99' | $56,939 | 11 | 4 |
| Ericson 38 | 37.67' | $39,450 | 10 | 0 |
| Swanson 38 S&S | 38.25' | $72,733 | 8 | 1 |
| Ohlson 38 | 37.06' | $41,607 | 6 | 2 |
| Cheoy Lee Pedrick 41 | 40.83' | $29,500 | 4 | 0 |
| Moody 38 | 37.5' | $96,572 | 3 | 0 |
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.