Downeast 38 Sailboats for Sale & Market Overview

Make
Downeast
Model
38
Builder
Designer
Number Built

The Downeaster 38, designed by Henry Mohrschladt and produced by Robert Poole’s Down East Yachts Inc., remains a definitive example of the "traditional" cruising aesthetic that swept the American West Coast in the 1970s. Characterized by its clipper bow, decorative trailboards, and wine-glass transom, the 38 was built to offer more than just a nostalgic profile; it was engineered as a heavy-displacement, full-keeled offshore voyager. With over 250 hulls produced between 1974 and 1981, it bridged the gap between the rugged, often cramped "double-enders" of the era and the more spacious, beamier cruisers that followed. The design’s pedigree is notable, as Mohrschladt would later go on to co-found Pacific Seacraft, a builder synonymous with high-end blue-water cruising excellence.

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SourceYearMakeModelPriceCabinsHeadsCityCountryListing Date

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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

$42,500
Median Asking Price (past 12 months)
11
Listings Tracked (past 12 months)
4
New Listings (90 days)
+5.88%
3-Month Price Trend

Price & Volume Trends

Monthly breakdown
Monthly listing counts and median asking price for the Downeast 38
MonthListingsMedian Asking Price (USD)
Jun 20251$50,000
Jul 20252$43,750
Sep 20251$56,548
Oct 20252$28,000
Jan 20261$28,000
Feb 20263$55,000
Apr 20261$19,500

Median Price by Country

Listings by Country

Price Reduction Insights

20.0% of listings have had price reductions
Average discount: 26.3% off original price
Comparable Models to Downeast 38
ModelLOAMedian Price (USD)ListingsRecent
Island Packet 3838' $99,0002811
Hallberg-Rassy 3837.96' $92,479229
Cape Dory 3636.12' $48,500188
Shannon 3837.75' $64,950134
Downeast 38 $42,500114
Caliber 3838' $84,500117
Downeast 38 Cutter38' $39,25083
Cape George 3636' $89,50074
Ta Chiao CT-38 $29,50060
Downeaster 3838' $47,45043
Downeast 38 Listings by Country
CountryMedian Price (USD)Listings (past 12 months)Recent (90d)
United States$28,00073
Panama$38,75021
Greece$56,54810
Malaysia$45,00010

Frequently Asked Questions

How much does a used Downeast 38 cost?
The median asking price for a used Downeast 38 over the past 12 months is $42,500. Prices vary by condition, year, equipment, and location.
How many Downeast 38 sailboats are for sale?
We have tracked 11 Downeast 38 listings over the past 12 months, with 4 listed within the last 90 days.
Are Downeast 38 prices going up or down?
The median asking price for the Downeast 38 has increased by 5.88% over the last 3 months compared to the 12-month average.
Where is the cheapest place to buy a Downeast 38?
United States currently has the lowest median asking price at $28,000, while Greece is the most expensive at $56,548 — a 102% difference.
Do Downeast 38 listings get price reductions?
About 20% of Downeast 38 listings have had their price reduced, with an average discount of 26.3% off the original asking price.
What are similar sailboats to the Downeast 38?
Comparable models include the Island Packet 38, Hallberg-Rassy 38, Cape Dory 36. See the comparison table above for pricing and availability.