Cheoy Lee Pedrick 55 Buyer's Guide
Shopping the brokerage market for a Cheoy Lee Pedrick 55 means looking at David Pedrick's 55-foot sloop built by Cheoy Lee Shipyard from 1980 onward, a solid-fiberglass offshore hull with a skeg-hung rudder and fin keel drawing about 9.4 feet. These are substantial cruisers — 48,000 pounds displacement, 20,000 pounds of lead ballast — and the used fleet reflects both private and ex-charter histories, with owner three-cabin layouts more commonly seen than alternatives but both available.
Layouts on the Used Market
The dominant used configuration is the owner three-cabin plan with two heads and eight berths, finished in mahogany with varnished teak and holly soles. Ex-charter examples are common on the market, and a few hulls carry a MARAD exemption rare for foreign-built boats, allowing up to 12 passengers — a point worth confirming on any candidate offered for group use. The sloop rig and three-stateroom footprint suit either a family cruiser or a small charter operation.
Equipment and Common Upgrades
Power and energy systems are where the modern used fleet is strongest: solar, lithium batteries, and an inverter are commonly fitted, and the rebuild example shows the extent possible with a 3000W Victron inverter/charger, Victron solar controller on 340W panels, and a full LifePO4 house bank. For a buyer this means many boats already support extended anchorages without generator dependence. Canvas and sail handling follow the same theme, with Leisure Furl booms, Schaefer jib furling, and electric winches frequently part of the rig.
What to Inspect
The standing rigging on these boats is SS Dyform, and one owner reports it still shows low usage — but confirm condition and the status of the rebuilt Navtec hydraulic backstay and vang on any candidate, since hydraulic systems age. The deep ten-ton keel deserves close hull-and-keel joint inspection, and the five-year 2005–2009 rebuild on a known hull shows the scale of structural and systems work these boats can require; seek records of similar refits. Verify the MARAD exemption paperwork if passenger operation is intended.
Availability and Buyer's Takeaway
These yachts typically appear in the United States and United Kingdom markets. For a shopper, the checklist is straightforward:
- Confirm layout: owner three-cabin vs. other; ex-charter history disclosed
- Verify lithium/solar/inverter energy suite and battery age
- Inspect Dyform rigging, hydraulic vang/backstay, furling gear
- Review keel-hull joint and any documented rebuild records
- Check MARAD exemption validity if buying for passenger use
Price & volume trends
Monthly asking-price and listing-volume trends for the Cheoy Lee Pedrick 55. The line shows the median ask each month; the bars show how many listings appeared.
Monthly breakdown · 1 row
| Month | Listings | Median ask | Δ vs. last mo. |
|---|---|---|---|
| Apr 26 | 1 | $130,000 | — |
Where they're listed
Cheoy Lee Pedrick 55 listings appear across 1 country. United Kingdom has the most listings with 1.
Country view
1 listings · 1 country| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| United Kingdom | $130,000 | 1 | 0 | 100.0% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
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|---|---|---|---|---|
| Tayana 55 | 55' | $ 189,900 | 37 | 5 |
| Amel 55 | 56.76' | $ 855,000 | 25 | 9 |
| Discovery Yachts 55 | 54.79' | $ 689,446 | 14 | 8 |
| Oyster 55 | 56.25' | $ 372,631 | 11 | 4 |
| Hallberg-Rassy 55 | 54.72' | $ 1,222,695 | 9 | 1 |
| Baltic 55 DP | 55' | $ 497,500 | 7 | 0 |
| Cheoy Pedrick 55You are here | — | $ 130,000 | 1 | 0 |