The Island Packet 420 represents a pinnacle of the "Full Foil Keel" design philosophy championed by Bob Johnson and the Florida-based Island Packet Yachts. Introduced in the late 1990s as a successor to the highly successful Island Packet 40, the 420 was designed to provide a more refined cruising experience with increased waterline length, better interior volume, and enhanced sailing manners. It is a dedicated blue-water cruiser, recognizable by its ivory-colored gelcoat, integral bowsprit, and cutter rig. Built with a solid glass hull and a proprietary "PolyCore" deck laminate, the 420 was engineered for durability and ultimate stability, making it a staple in long-distance cruising rallies like the ARC (Atlantic Rally for Cruisers). While often compared to its smaller sibling, the IP 380, or its later evolution, the IP 440, the 420 is frequently cited by owners as the "sweet spot" in the lineup for a couple seeking a balance between manageable sail area and living space.
Island Packet 420 Sailboats for Sale & Market Overview
- Make
- Island Packet
- Model
- 420
- Builder
- Island Packet Yachts (USA)
- Designer
- Robert K. Johnson
- Number Built
- Production Year(s)
- 1999 - ??
Below are the most recent Island Packet 420 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) |
|---|---|---|
| May 2025 | 1 | $339,000 |
| Jun 2025 | 2 | $269,450 |
| Jul 2025 | 1 | $284,900 |
| Aug 2025 | 4 | $262,450 |
| Sep 2025 | 7 | $284,900 |
| Oct 2025 | 6 | $294,000 |
| Nov 2025 | 3 | $238,000 |
| Jan 2026 | 6 | $277,979 |
| Feb 2026 | 2 | $277,500 |
Median Price by Country
Listings by Country
Price Reduction Insights
15.0% of listings have had price reductions
Average discount: 3.5% off original price
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Island Packet 370/379 | 37.83' | $199,500 | 46 | 22 |
| Island Packet 380 | 39.58' | $169,000 | 45 | 19 |
| Island Packet 40 | 40' | $159,900 | 33 | 8 |
| Island Packet 420 | $284,900 | 32 | 2 | |
| Island Packet 32 | 35' | $67,000 | 31 | 7 |
| Island Packet 38 | 38' | $99,000 | 28 | 11 |
| Island Packet 440 | 45.75' | $367,000 | 26 | 9 |
| Island Packet 485/525 | 52.17' | $398,000 | 25 | 5 |
| Island Packet 37 | 38.58' | $119,900 | 21 | 13 |
| Island Packet 45 | 45.25' | $159,500 | 12 | 0 |
| Island Packet 29 | 32' | $58,000 | 7 | 1 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $284,900 | 29 | 2 |
| United Kingdom | $270,507 | 1 | 0 |
| Georgia | $299,000 | 1 | 0 |
| Italy | $270,957 | 1 | 0 |
Frequently Asked Questions
- How much does a used Island Packet 420 cost?
- The median asking price for a used Island Packet 420 over the past 12 months is $284,900. Prices vary by condition, year, equipment, and location.
- How many Island Packet 420 sailboats are for sale?
- We have tracked 32 Island Packet 420 listings over the past 12 months, with 2 listed within the last 90 days.
- Are Island Packet 420 prices going up or down?
- The median asking price for the Island Packet 420 has decreased by 2.6% over the last 3 months compared to the 12-month average.
- Where is the cheapest place to buy a Island Packet 420?
- United Kingdom currently has the lowest median asking price at $270,507, while Georgia is the most expensive at $299,000 — a 11% difference.
- Do Island Packet 420 listings get price reductions?
- About 15% of Island Packet 420 listings have had their price reduced, with an average discount of 3.5% off the original asking price.
- What are similar sailboats to the Island Packet 420?
- Comparable models include the Island Packet 370/379, Island Packet 380, Island Packet 40. See the comparison table above for pricing and availability.