The Formosa 46 represents a fascinating departure from the heavy, clipper-bowed "leaky teaky" reputation often associated with the Formosa Boat Building Co. Ltd. While the yard is famous for the traditional William Garden-designed ketches like the Formosa 51, the 46 is a thoroughbred performance cruiser designed by the legendary Doug Peterson. Launched in the late 1970s and early 1980s, the Formosa 46 was part of a wave of "Taiwanese Peterson" designs that included the iconic Kelly Peterson 44 and 46. These vessels were intended to provide a faster, more modern alternative to the traditionalist cruising designs of the era, offering a fin keel and skeg-hung rudder configuration that significantly improved upwind performance and responsiveness.
Formosa 46 Sailboats for Sale & Market Overview
- Make
- Formosa
- Model
- 46
- Builder
- Formosa Boat Building Co. Ltd.
- Designer
- Doug Peterson (unauthorized)
- Number Built
- Production Year(s)
- 1978 - ??
Below are the most recent Formosa 46 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) |
|---|---|---|
| Jun 2025 | 1 | $78,888 |
| Jul 2025 | 1 | $88,888 |
| Sep 2025 | 1 | $69,900 |
| Oct 2025 | 1 | $59,000 |
| Nov 2025 | 1 | $106,027 |
| Jan 2026 | 1 | $59,000 |
Median Price by Country
Listings by Country
Price Reduction Insights
25.0% of listings have had price reductions
Average discount: 11.3% off original price
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Hylas 46 | 46.25' | $420,000 | 38 | 13 |
| Formosa 51 | 50.83' | $121,349 | 20 | 7 |
| Swan 46 | 47.08' | $160,000 | 19 | 8 |
| Grand Soleil 46 (Frers) | $111,799 | 18 | 5 | |
| Formosa 41 | 40.92' | $64,425 | 9 | 1 |
| Oyster Yachts 46 | 46' | $566,706 | 8 | 3 |
| X-Yachts X-46 | 45.96' | $330,828 | 8 | 2 |
| Formosa 46 | $74,394 | 6 | 0 | |
| Formosa 47 | 46.42' | $100,437 | 6 | 1 |
| Kelly Peterson 46 | 46.25' | $114,900 | 6 | 0 |
| Bowman 46 | 46.26' | $219,144 | 6 | 6 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| Mexico | $59,000 | 3 | 0 |
| United States | $83,888 | 2 | 0 |
| Greece | $106,027 | 1 | 0 |
Frequently Asked Questions
- How much does a used Formosa 46 cost?
- The median asking price for a used Formosa 46 over the past 12 months is $74,394. Prices vary by condition, year, equipment, and location.
- How many Formosa 46 sailboats are for sale?
- We have tracked 6 Formosa 46 listings over the past 12 months, with 0 listed within the last 90 days.
- Where is the cheapest place to buy a Formosa 46?
- Mexico currently has the lowest median asking price at $59,000, while Greece is the most expensive at $106,027 — a 80% difference.
- Do Formosa 46 listings get price reductions?
- About 25% of Formosa 46 listings have had their price reduced, with an average discount of 11.3% off the original asking price.
- What are similar sailboats to the Formosa 46?
- Comparable models include the Hylas 46, Formosa 51, Swan 46. See the comparison table above for pricing and availability.