The Downeast 38, often referred to by its moniker the Downeaster 38, stands as the flagship introduction for Down East Yachts Inc. Launched in 1974, this Henry Mohrschladt design epitomizes the "overbuilt" philosophy of the 1970s American cruising era. Conceived for serious offshore work, the 38 is a heavy-displacement cruiser characterized by its full keel, high freeboard, and distinctive bowsprit. It was built in Santa Ana, California, to withstand the rigors of blue-water voyaging, often drawing comparisons to the Westsail series in terms of ruggedness, though the Downeast 38 offers significantly more refined lines and a more spacious interior.
Downeast 38 Cutter Sailboats for Sale & Market Overview
- Make
- Downeast
- Model
- 38 Cutter
- Builder
- —
- Designer
- —
- Number Built
Below are the most recent Downeast 38 Cutter 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
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| Jan 2025 | 1 | $19,000 |
| Mar 2025 | 1 | $35,000 |
| May 2025 | 1 | $49,400 |
| Jun 2025 | 1 | $44,900 |
| Sep 2025 | 2 | $37,250 |
| Jan 2026 | 2 | $37,450 |
| Apr 2026 | 2 | $30,000 |
Median Price by Country
Listings by Country
Price Reduction Insights
25.0% of listings have had price reductions
Average discount: 10.3% off original price
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Sabre 38 | 37.83' | $49,900 | 30 | 7 |
| Island Packet 38 | 38' | $99,000 | 28 | 11 |
| Hallberg-Rassy 38 | 37.96' | $92,479 | 22 | 9 |
| Cape Dory 36 | 36.12' | $48,500 | 18 | 8 |
| Shannon 38 | 37.75' | $64,950 | 13 | 4 |
| Downeast 38 | 38' | $42,500 | 11 | 4 |
| Downeast 38 Cutter | $39,250 | 8 | 3 | |
| Prout 38 | 38' | $155,542 | 8 | 6 |
| Endeavour 40 | 40' | $49,900 | 7 | 2 |
| Downeaster 38 | 38' | $47,450 | 4 | 3 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $37,250 | 4 | 0 |
| Guatemala | $30,000 | 2 | 2 |
| Mexico | $49,400 | 1 | 0 |
| Malaysia | $39,900 | 1 | 1 |
Frequently Asked Questions
- How much does a used Downeast 38 Cutter cost?
- The median asking price for a used Downeast 38 Cutter over the past 12 months is $39,250. Prices vary by condition, year, equipment, and location.
- How many Downeast 38 Cutter sailboats are for sale?
- We have tracked 8 Downeast 38 Cutter listings over the past 12 months, with 3 listed within the last 90 days.
- Are Downeast 38 Cutter prices going up or down?
- The median asking price for the Downeast 38 Cutter has decreased by 0.64% over the last 3 months compared to the 12-month average.
- Where is the cheapest place to buy a Downeast 38 Cutter?
- Guatemala currently has the lowest median asking price at $30,000, while Mexico is the most expensive at $49,400 — a 65% difference.
- Do Downeast 38 Cutter listings get price reductions?
- About 25% of Downeast 38 Cutter listings have had their price reduced, with an average discount of 10.3% off the original asking price.
- What are similar sailboats to the Downeast 38 Cutter?
- Comparable models include the Sabre 38, Island Packet 38, Hallberg-Rassy 38. See the comparison table above for pricing and availability.