The Gulf 40, designed by the legendary William Garden and constructed by the Cheoy Lee Shipyard, represents a classic era of motorsailing where volume and seaworthiness were prioritized over raw speed. Often described as a "sailor’s trawler," the Gulf 40 was built during a period when Cheoy Lee was transitioning from traditional wood construction to pioneered fiberglass techniques, resulting in a vessel that maintains a salty, traditional aesthetic while utilizing then-modern materials. This model is the largest of the "Gulf" series, which included the more prolific Gulf 32 and the smaller Gulf 29 and 27 siblings. It is characterized by its high freeboard, substantial pilothouse, and a heavy-displacement hull that provides a secure platform for long-range coastal cruising and offshore passages.
Garden Gulf 40 Sailboats for Sale & Market Overview
- Make
- Garden
- Model
- Gulf 40
- Builder
- Cheoy Lee Shipyard Ltd.
- Designer
- William Garden
- Number Built
- Production Year(s)
- 1959 - ??
Below are the most recent Garden Gulf 40 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 2026 | 1 | $29,900 |
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Island Packet 40 | 40' | $159,900 | 33 | 8 |
| Pacific Seacraft 40 | $245,000 | 22 | 2 | |
| Formosa 51 | 50.83' | $121,349 | 20 | 7 |
| Gulfstar 60 | 60.5' | $325,000 | 10 | 4 |
| Moody 40 | 39.5' | $88,356 | 10 | 5 |
| Gulfstar 37 | 37' | $25,000 | 7 | 2 |
| Cape George 36 | 36' | $89,500 | 7 | 4 |
| Gulfstar 41 | 41' | $28,000 | 7 | 4 |
| Cheoy Lee Offshore 41 | 40.92' | $55,000 | 5 | 1 |
| Cheoy Lee Gulf 40 | $29,900 | 1 | 0 | |
| Mariner 36 | 35.83' | $41,500 | 1 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| Panama | $29,900 | 1 | 0 |
Frequently Asked Questions
- How much does a used Garden Gulf 40 cost?
- The median asking price for a used Garden Gulf 40 over the past 12 months is $29,900. Prices vary by condition, year, equipment, and location.
- How many Garden Gulf 40 sailboats are for sale?
- We have tracked 1 Garden Gulf 40 listings over the past 12 months, with 0 listed within the last 90 days.
- What are similar sailboats to the Garden Gulf 40?
- Comparable models include the Island Packet 40, Pacific Seacraft 40, Formosa 51. See the comparison table above for pricing and availability.