The Island Packet 38, produced between 1986 and 1994, stands as a seminal model in the evolution of Bob Johnson’s Florida-based shipyard. Representing a significant step up in scale and offshore ambition from the earlier 31-footers, the 38 was designed to meet the demands of a growing class of "liveaboard" cruisers who prioritized safety and tankage over racing prowess. With its distinctive cream-colored gelcoat and traditional lines, the IP 38 remains a staple of the secondary market, renowned for its "Full Foil Keel" and encapsulated ballast. During its eight-year production run, the shipyard completed approximately 176 hulls, solidifying it as one of the most successful mid-sized voyagers of its era before it was eventually succeeded by the Island Packet 380.
Island Packet 38 Information, Review, Specs

- Make
- Island Packet
- Model
- 38
- Builder
- Island Packet Yachts
- Designer
- Bob Johnson
- Number Built
- 188
- Production Year(s)
- 1986 - 1993
Sailing Performance & Handling
The Island Packet 38 is defined by its heavy-displacement characteristics and its dedicated cutter rig. With a Displacement/Length (D/L) ratio typically hovering around 312 and a Sail Area/Displacement (SA/D) ratio of roughly 15.6, this is not a light-air specialist. Instead, the 38 excels when the wind picks up, utilizing its high righting moment to maintain a steady, upright posture while lighter fin-keel boats are forced to reef.
The signature "Full Foil Keel" provides a massive amount of lateral plane, which results in exceptional tracking. Owners frequently note that the boat feels as if it is "on rails" when reaching or running, requiring minimal input from the helm or autopilot. However, this design trade-off is felt in the turning radius and during maneuvers in tight marinas; the boat lacks the "spin-on-a-dime" agility of a spade rudder. Under sail, the cutter rig—featuring a Hoyt Boom for the staysail on later versions or a standard staysail track on earlier ones—allows for a versatile sail plan that can be easily managed by a couple. Technical insights from reviews at Cruising World emphasize that while the 38 may not point as high as a racing sloop, its ability to maintain momentum through a choppy seaway makes it a far more comfortable platform for long-distance passages.
Interior Comfort & Variations
The interior of the Island Packet 38 was revolutionary for its time, utilizing the boat’s 12' 8" beam to create a "Tri-Cabin" layout that provides genuine privacy for two couples. Unlike many 38-footers of the late 80s that utilized a cramped quarter-berth, the IP 38 features a dedicated aft cabin with a double berth and a standing dressing area. The forward cabin is equally commodious, centered around a large V-berth with an abundance of cedar-lined hanging lockers.
The salon is characterized by Island Packet’s signature bulkhead-mounted table, which folds down to reveal a wine rack and storage, opening up the floor space when not in use. The use of solid teak and teak veneers, combined with a teak and holly sole, gives the interior a traditional, warm aesthetic. A standout feature is the head, which includes a true stall shower—a luxury rarely seen in this size range. While the 38 remained largely consistent throughout its run, minor variations in cabinetry and the transition to different engine models (typically moving from the Yanmar 3HM35F to the 4JH series) mark the evolution of the hull. The IP 38 also served as the design foundation for the later Island Packet 40, which shared a similar spirit but offered an even more elongated waterline.
Known Issues & Buyer’s Checklist
Prospective buyers of an Island Packet 38 should focus their due diligence on three primary areas that are common points of concern for this vintage:
- Chainplates: The IP 38 uses 304-grade stainless steel chainplates that are glassed into the hull structure. Over decades, if the deck seals are not meticulously maintained, moisture can migrate down the plates, leading to crevice corrosion in areas that are not visible without destructive testing. This is the most significant "gotcha" for the model, as replacement is a labor-intensive project requiring the cutting of fiberglass.
- Aluminum Fuel Tanks: The fuel tanks on many 38s were constructed of aluminum and sat in a foam-filled cavity. If water finds its way into this cavity (often from leaking cockpit drains or portlights), the aluminum can pit and eventually leak. Because the tanks are often installed before the deck is joined to the hull, replacement sometimes requires cutting the cabin sole.
- Gate Valves: Many original Island Packets were fitted with "gate valves" rather than proper seacocks on the thru-hulls. Modern safety standards dictate these should be replaced with marine-grade ball valves or Marelon seacocks.
- Coring Material: While Island Packet moved to synthetic "Polycore" for decks to prevent rot, earlier hulls may still have wood-cored areas around high-stress fittings. A thorough percussion sounding of the deck is essential to check for delamination.
Community & Resources
The Island Packet community is one of the most organized and technically proficient in the cruising world. The Island Packet Yacht Owners Association (IPYOA) maintains an extensive database of technical manuals, modification guides, and a registry of hulls. Additionally, the IP Home Port serves as a vital technical wiki where owners share specific solutions for chainplate replacement and tank extraction, which are unique to the IP's construction methods.
The Verdict
The Island Packet 38 remains a "gold standard" for sailors seeking a safe, predictable, and heavily built cruiser for coastal or offshore work. While it lacks the speed of modern performance cruisers, its build quality and interior volume make it an exceptional value for those prioritizing comfort and longevity.
Pros:
- Exceptional seaworthiness and a comfortable motion in heavy seas.
- The "Full Foil Keel" offers superior protection for the propeller and rudder.
- Spacious, well-ventilated interior with a dedicated stall shower.
- High-capacity water and fuel tanks suited for long-range cruising.
Cons:
- Chainplate replacement is a complex and expensive structural job.
- Poor maneuverability in reverse due to the full-keel design.
- Underpowered in light winds (under 10 knots) without a cruising spinnaker.
- Aging aluminum tanks may require significant labor to replace.
Measurements
Construction & Hull
- Construction Material
- Fiberglass
- Hull Type
- Monohull Sailboat
- Keel Type
- Full
- Rudder
- 1x Attached
- Ballast
- 10000 lbs
- Displacement
- 21500 lbs
- Water Capacity
- 187 gal
- Fuel Capacity
- 57 gal
Dimensions
- Length Overall (LOA)
- 38 ft
- Waterline Length (LWL)
- 33 ft
- Beam
- 12.67 ft
- Draft
- 5 ft
- Max Headroom
- 6.33 ft
- Air Draft
- 51 ft
Rig & Sails
- Rig Type
- Cutter
- P (Main Luff)
- 40 ft
- E (Main Foot)
- 16 ft
- I (Foretriangle Height)
- 46.5 ft
- J (Foretriangle Base)
- 17.83 ft
- Forestay Length (est)
- 49.8 ft
- Sail Area
- 870 sqft
Calculations
- Sail Area / Displacement (SA/D) Ratio
- 18
- Ballast / Displacement Ratio
- 46.51
- Displacement / Length Ratio (D/L) Ratio
- 267.08
- Comfort Ratio
- 32.74
- Capsize Screening Formula
- 1.82
- Hull Speed
- 7.7 kn