The Gulfstar 40 Sailmaster represents a pivotal era for Gulfstar Yachts, marking the builder's transition from heavy-displacement motor-sailers to more refined, performance-oriented cruising yachts. Introduced in the early 1980s and designed by Richard Lazzara, the 40 Sailmaster was part of a second-generation lineup intended to shed the "bleacher-seat" reputation of earlier, boxier models. Built in St. Petersburg, Florida, the vessel was engineered to compete with the likes of Morgan and Pearson, offering a combination of substantial interior volume and a hull shape capable of making respectable time on coastal passages. Unlike the earlier "charter-style" Gulfstars, the Sailmaster series adopted more traditional yacht aesthetics and improved construction standards, including the transition to lead ballast in many units, which significantly enhanced stability compared to the iron-and-concrete slurry used in the company’s infancy.
Gulfstar 40 Sailmaster Information, Review, Specs

- Make
- Gulfstar
- Model
- 40 Sailmaster
- Builder
- Gulfstar Yachts
- Designer
- Lazarra
- Number Built
- 10
- Production Year(s)
- 1980 - ??
Sailing Performance & Handling
The Gulfstar 40 Sailmaster was designed with a moderate-aspect rig and a versatile underbody featuring a fin keel and a skeg-hung rudder. This configuration provides a balanced compromise between the tracking stability required for long-distance cruising and the maneuverability needed for tight harbor work. While the earlier Gulfstar 41 was often criticized for its sluggishness in light air, the 40 Sailmaster features a more optimized sail area-to-displacement ratio that allows it to remain energized in moderate breezes.
Owners often report that the boat exhibits a kindly motion in a seaway, a trait inherited from its relatively heavy displacement and conservative hull lines. It is not a racing machine, but it tracks well off the wind and handles weather helm predictably. According to historical design notes from the Lazzara family, the Sailmaster series was specifically tuned to be "stiff," meaning the boat resists excessive heeling, providing a sense of security for shorthanded cruising couples. The inclusion of a skeg-hung rudder is a notable safety feature, protecting the steering gear from debris and providing a robust pivot point that contributes to the boat's solid feel at the helm.
Interior Comfort & Variations
The interior of the 40 Sailmaster is where Gulfstar’s heritage as a builder of "live-aboard" boats truly shines. The layout typically features a large forward V-berth, a spacious main salon with a folding centerline table, and a dedicated navigation station. One of the most significant variations in this hull was the choice between an aft-cockpit and a center-cockpit configuration, though the 40-foot hull was most commonly utilized in an aft-cockpit arrangement to maximize the flow of the salon and galley.
The woodwork is characterized by extensive teak joinery, which was a hallmark of the Sailmaster line. The galley is generally U-shaped and positioned to starboard, providing a secure "bracing" position for the cook while underway. Compared to its sibling, the Gulfstar 39, the 40 Sailmaster offers slightly more headroom and refined storage solutions in the cabinetry. The 40 was also built alongside the larger Gulfstar 44 and 47 Sailmasters, and it shares much of their design DNA, including the pressurized water systems and high-capacity tankage that made these boats popular for Caribbean cruising.
Known Issues & Buyer’s Checklist
Prospective buyers of a Gulfstar 40 Sailmaster should approach the survey with a focus on the common structural trends of 1980s Florida-built yachts. While the Sailmaster series represented an upgrade in quality, specific areas require scrutiny:
- Deck Core Integrity: Like many boats of this era, the 40 Sailmaster uses a balsa-cored deck. Moisture ingress around stanchion bases, chainplates, and windlass mounts is common. Buyers should check for delamination or "soft spots" which can indicate expensive core rot.
- Chainplate Inspection: The chainplates are integrated into the hull structure, and leaks at the deck level can lead to hidden corrosion. These should be inspected for "bleeding" or staining on the interior cabinetry.
- Fuel Tank Corrosion: Gulfstar frequently used aluminum fuel tanks. If these tanks have been sitting in bilge water or have lacked proper ventilation, they are prone to pinhole leaks from oxidation. Replacing a tank often requires significant interior dismantling.
- Osmotic Blistering: While Gulfstar hulls are generally robust, the fiberglass resins of the early 80s were susceptible to blistering. A haul-out and moisture meter test are essential to determine the extent of any osmotic activity.
- Engine Access: Depending on the specific interior variation, access to the auxiliary engine (often a Perkins or Westerbeke) can be tight. Check for signs of deferred maintenance caused by difficult reach.
Community & Resources
Owners of the 40 Sailmaster benefit from a dedicated community of Gulfstar enthusiasts. While the manufacturer is no longer in operation, technical support is frequently found through the Gulfstar Owners Club, which serves as a repository for original manuals and plumbing schematics. Because many parts were sourced from standard marine suppliers of the time, such as Lewmar and Perkins, mechanical and hardware support remains widely available.
The Verdict
The Gulfstar 40 Sailmaster is a stout, honest cruiser that offers an excellent "foot-per-dollar" value for sailors looking to transition from coastal hopping to blue-water voyaging. It sacrifices high-end racing speed for interior luxury and a predictable, sea-kindly motion.
Pros
- Exceptional Liveability: Large interior volume with high-quality teak finishing.
- Predictable Handling: Stiff performance with good tracking thanks to the skeg-hung rudder.
- Solid Construction: Improved build standards compared to 1970s Gulfstar models, featuring lead ballast.
- Value: Often priced competitively against more "premium" brands while offering similar cruising capabilities.
Cons
- Maintenance Intensive: Older balsa-cored decks and aluminum tanks require vigilant upkeep.
- Moderate Speed: Not a light-air performer; requires a breeze to truly find its groove.
- Aesthetic Aging: The interior style, while high-quality, can feel dark by modern "light and airy" design standards.
Measurements
Construction & Hull
- Construction Material
- Fiberglass
- Hull Type
- Monohull Sailboat
- Keel Type
- Fin
- Rudder
- 1x Skeg-Hung
- Ballast
- 8500 lbs
- Displacement
- 20000 lbs
- Water Capacity
- 250 gal
- Fuel Capacity
- 60 gal
Dimensions
- Length Overall (LOA)
- 39.92 ft
- Waterline Length (LWL)
- 32.5 ft
- Beam
- 12.08 ft
- Draft
- -
- Max Headroom
- -
- Air Draft
- -
Rig & Sails
- Rig Type
- Masthead Sloop
- P (Main Luff)
- -
- E (Main Foot)
- -
- I (Foretriangle Height)
- -
- J (Foretriangle Base)
- -
- Forestay Length (est)
- -
- Sail Area
- 705 sqft
Calculations
- Sail Area / Displacement (SA/D) Ratio
- 15.31
- Ballast / Displacement Ratio
- 42.5
- Displacement / Length Ratio (D/L) Ratio
- 260.09
- Comfort Ratio
- 32.23
- Capsize Screening Formula
- 1.78
- Hull Speed
- 7.64 kn