Hughes 38-1 Sailboats for Sale & Market Overview

Sparkman & Stephens·1967 – 1969·Hughes Boat Works
Hughes 38-1 drawingBuilder drawing
Hull type
Monohull · fin
Rig
Masthead Sloop
LOA
37.82' · 11.53 m
Displ.
12,700 lbs · 5,761 kg
First year
1967

The Hughes 381 represents the apex of Canadian fiberglass boatbuilding during the late 1960s, born from a collaboration between Howard Hughes and the legendary design firm of Sparkman & Stephens. Based on Design 1903, this vessel was conceived during the transition from the Cruising Club of America (CCA) rule to the International Offshore Rule (IOR) era. The result is a yacht with classic, elegant overhangs and a relatively narrow beam that prioritizes windward performance and aesthetic grace. Unlike many production boats of its time, the 381 was built with a robust schedule of handlaid fiberglass, a testament to the durability that has allowed many hulls to remain in active service over half a century later. It served as the foundation for a successful lineage that includes the Northstar 38 and the later Hughes 382 and 383 iterations, which shared the same highperformance hull but featured updated interior layouts and cockpit ergonomics.

Market snapshot

Median asking · 12 mo
Ask, not sold
Recent listings · 90 d
Listed for sale
3-month price trend
Insufficient data
Countries with listings
Global market

Recent Listings

1 for sale · sampled 10 newest

Comparable models

Similar length overall, displacement, and era. Click a row to jump to that model's market page.

Peer cross-shop

10 designs · same segment
ModelLOAMedian askListings · 12 moActive · 90 d
Sabre 3837.83'$ 49,9004017
Beneteau First 3840.2'$ 34,7903114
Sigma 3838.33'$ 52,360197
Hughes 4040'$ 69,9001611
Swanson 3635.73'$ 98,320123
Northshore 3837.99'$ 56,958113
Laurent Giles 3838.83'$ 54,146104
Ohlson 3837.06'$ 34,79095
Sparkman & Stephens SHE 36$ 49,00071
Morgan 3837.67'$ 44,97555

Frequently asked questions

01What should I look at instead of a Hughes 38-1?+
Comparable models include Sabre 38, Beneteau First 38, Sigma 38. See the peer cross-shop table above for pricing and availability.