Island Packet 465/495 Buyer's Guide
The Island Packet 465, renamed the 495 around 2013 to 2015 as the builder refreshed its lineup, is a 48-foot center-cockpit cruiser from Island Packet Yachts, designed by Bob Johnson for long-distance passage making. On the used market these boats present as heavily built, full-keeled vessels with a traditional transom, external swim platform, and a center-cockpit accommodation plan that favors liveaboard comfort over racing agility.
Layouts on the Used Market
Most examples follow the as-built center-cockpit arrangement: an 11-by-7-foot aft deck large enough to stow a 10-foot inflatable, a traditional transom with bolted swim platform and hidden swim ladder, and a raised saloon with over 7 feet of headroom. Below, the forward cabin holds a walk-around double and a private head with a land-style shower, while the aft cabin offers an island double and its own Vacu-Flush head. The saloon settees convert for sleeping, and the galley sits under the raised cockpit with a three-burner stove, double sink, and paired fridge-freezer compartments. The nav station to port carries a swiveling chair and chart storage. Solid teak-and-oak soles and warm teak woodwork run throughout, with a deep sump and accessible seacocks beneath the floorboards.
Equipment and Common Upgrades
Power and energy systems are commonly fitted: bow thrusters, electric winches, inverters, lithium batteries, solar arrays, and watermakers appear on many boats, with an optional 8-kilowatt generator under the galley counter on centerline. Canvas and sail-handling upgrades often include a bimini, dodger, and cockpit shower, while a furling main and short-handed setup are frequently seen and an asymmetric spinnaker is often carried. Navigation gear commonly comprises chartplotter, AIS, radar, autopilot, and Starlink. Comfort items such as a washing machine, freezer, and life raft with EPIRB are also common. Less universal are wind generators, a self-tacking jib, and hot-water upgrades, which tend to be owner additions.
What to Inspect
The full-length keel and hull are one piece with encapsulated lead ballast, so inspect the hull-to-deck joint where molded flange, bolts, and urethane meet for any separation or weeping. Deck hardware is aluminum-plate backed, but confirm bulwarks, caprail cleats, and stainless strikers are sound. A large chart plotter atop the pedestal can obstruct the helmsman's forward view; check mounting and consider relocation. Under power, verify the bow thruster functions, since furled-headsail windage makes the bow fall off when backing across wind without it. Confirm the Mamba steering shows minimal play across the long wheel-to-rudder run, and that the 75-horsepower Yanmar and generator remain accessible on all sides.
Availability and Buyer's Takeaway
These yachts typically appear in the United States, Greece, and Canada. For a shopper, the checklist is straightforward: confirm the osmosis warranty status and gelcoat condition; test the bow thruster and steering play; verify the center-cockpit systems—watermaker, lithium bank, electric winches—are operational; and inspect the swim platform bolts and companionway steps. A well-kept 465/495 rewards its owner with volume, stability, and a serious cruising pedigree.
Price & volume trends
Monthly asking-price and listing-volume trends for the Island Packet 465/495. The line shows the median ask each month; the bars show how many listings appeared.
Monthly breakdown · 12 rows
| Month | Listings | Median ask | Δ vs. last mo. |
|---|---|---|---|
| Mar 25 | 1 | $360,000 | — |
| Jul 25 | 1 | $335,000 | -6.9% |
| Aug 25 | 1 | $479,000 | +43.0% |
| Sep 25 | 2 | $359,500 | -24.9% |
| Oct 25 | 4 | $362,000 | +0.7% |
| Jan 26 | 3 | $335,000 | -7.5% |
| Apr 26 | 3 | $320,000 | -4.5% |
| May 26 | 1 | $320,000 | 0.0% |
| Jun 26 | 2 | $315,941 | -1.3% |
| Jul 26 | 2 | $312,333 | -1.1% |
| Sep 26 | 3 | $469,500 | +50.3% |
| Oct 26 | 1 | $469,500 | 0.0% |
Where they're listed
Island Packet 465/495 listings appear across 3 countries. United States has the most listings with 8 (50.0%), followed by Greece and Canada.
Country view
16 listings · 3 countries| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| United States | $362,000 | 8 | 3 | 50.0% |
| Greece | $320,000 | 6 | 0 | 37.5% |
| Canada | $288,108 | 2 | 1 | 12.5% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
11 similar designs| Model | LOA | Median ask | Listings · 12 mo | Active · 90 d |
|---|---|---|---|---|
| Island Packet 40 | 40' | $ 150,000 | 51 | 24 |
| Hylas 49 | 48.88' | $ 375,000 | 38 | 5 |
| Privilège 495 | 47.02' | $ 475,777 | 36 | 8 |
| Island Packet 485/525 | 52.17' | $ 398,000 | 25 | 3 |
| Island Packet 439 | 47' | $ 700,000 | 23 | 5 |
| Island Packet 465/495You are here | — | $ 325,000 | 17 | 4 |
| Island Packet 45 | 45.25' | $ 135,000 | 15 | 6 |
| Oyster Yachts 49 | 51.83' | $ 383,811 | 15 | 3 |
| Island Packet 445 | 45.75' | $ 354,000 | 15 | 4 |
| Moody 46 | 46.13' | $ 223,895 | 5 | 2 |
| Oyster 495 | 52.82' | $ 1,746,732 | 4 | 1 |