Island Spirit 40 Sailboats for Sale

Phil Southwell·2003 – 2005·Fortuna Catamarans (South Africa)
Approximate drawing

Hover a measurement to read its value

Hull Type
Catamaran · twin
Rig
Fractional Sloop
LOA
39.66' · 12.09 m
Disp.
17,199 lbs · 7,801 kg
First year
2003

The Island Spirit 40 is a South Africanbuilt cruising catamaran that, over a production run beginning in 2003 and ending in 2005, offered a roomy, twohulled platform for offshore passagemaking without recourse to fussy systems. At 39 feet 9 inches overall with a 38foot 6inch waterline and a beam of 22 feet 1 inch, the design carries 15,212 pounds of displacement on a 3foot draft — a lowslung, wide footprint that privileges living space and shallow gunkholing over raw pointing ability. Naval architect Phil Southwell shaped the original South African Island Spirit lineup, and the 40 sits among those 1998–2006 models built by Fortuna Catamarans under Alan Whitley’s ownership.

Market snapshot

Median asking · 12 mo
$ 204,206
Asking price · 16 listings
Recent listings · 90 d
4
16 tracked · 12 mo
3-month price trend
0.0%
vs. 12-mo median
Countries with listings
3
United States (50.0%) · Panama (35.7%) · Australia (14.3%)

Recent Listings

9 for sale · showing 10 newest

Island Spirit 40 Buyer's Guide

Shopping the brokerage market for an Island Spirit 40 means weighing a compact South African cruising catamaran built from 2003 through 2005, with Phil Southwell’s design hand and Fortuna Catamarans’ construction under Alan Whitley’s ownership. These are two-hulled offshore cruisers of 39 feet 9 inches overall and 22-foot 1-inch beam, and the used Island Spirit 40s split between private and ex-charter histories. Knowing the documented construction and the few recorded critiques helps a buyer focus a survey rather than chase myths.

Layouts on the Used Market

Owner three-cabin layouts are the more common on the used market, but both are available; ex-charter examples are common. The boat’s roomy interior, wide and easy to navigate sidedecks, and elongated transoms that ease boarding are consistent across layouts, as are the stand-up nav station and excellent stowage. Cabins drew good ratings for comfort, stowage space, headroom, and ventilation in period reviews, so even ex-charter wear tends to leave the core living spaces intact.

Equipment and Common Upgrades

Commonly fitted gear on the used fleet includes chartplotter, autopilot, radar, air conditioning, watermaker, solar, inverter, electric winches, cockpit shower, EPIRB, dinghy davits, and life raft. Often seen are wind generator, spinnaker, asymmetric spinnaker, freezer, hot water, hardtop, AIS, and circumnavigation outfitting. Less commonly seen are lithium batteries and bimini, which typically arrive as owner upgrades rather than factory standard.

What to Inspect

The Island Spirit 40’s hulls and deck are built of hand-laid fiberglass vacuum-bagged over a balsa core, so a survey should confirm core integrity at through-hulls and deck penetrations. The interior is finished with a coat of white Awlgrip and has no hull liner, aiding visual inspection of the hull skin. Testers noted the nav station would benefit from a proper nav seat, a minor item to verify rather than a defect. Every example was delivered on its own bottom from Cape Town and underwent a rigorous sea trial, but buyers should still confirm the simple, robust, accessible systems and high-quality deck hardware are unmodified and serviceable.

Availability and Buyer's Takeaway

The typical markets for the Island Spirit 40 are the United States, Panama, and Australia. For a buyer, the checklist is short: confirm balsa-core condition at penetrations, verify the beefy electrical system built for offshore passagemaking, check the traveler across the coachroof for wear, and assess nav-station seating. With those clear, the 40 remains a straightforward catamaran to own.

Where they're listed

Island Spirit 40 listings appear across 3 countries. United States has the most listings with 7 (50.0%), followed by Panama and Australia.

Median ask by country
USD · past 12 months
Share of listings
Count · past 12 months

Country view

14 listings · 3 countries
CountryMedian askListings · 12 moActive · 90 dShare
United States$ 179,0007050.0%
Panama$ 220,0005135.7%
Australia$ 222,8872114.3%

Comparable models

Similar length, displacement, and era. Open a row to compare that model's market page.

Similar boats to compare

11 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Robertson and Caine 40 (2005-2009)39.27'$ 334,060346135
FP Isla 4039.14'$ 479,50011235
Island Packet 4040'$ 159,0004411
Performance 4040.42'$ 113,2603715
Elan 4039.04'$ 88,144303
Nautitech 4039.67'$ 251,689274
Manta 4039.67'$ 200,0002211
Admiral Admiral 4040'$ 199,990177
Island Spirit 40You are here$ 204,206164
Islander 4039.54'$ 32,5001510
Island Spirit 3736.08'$ 169,000105

Frequently asked questions

01How much does a used Island Spirit 40 cost?+
The median asking price for a used Island Spirit 40 over the past 12 months is $204,206. Prices vary by condition, year, equipment, and location.
02How many Island Spirit 40 sailboats are for sale?+
4 Island Spirit 40 listings have gone live in the last 90 days, and 16 have been tracked across the past 12 months.
03Are Island Spirit 40 prices going up or down?+
The median asking price for the Island Spirit 40 has stayed steady over the last 3 months compared with the 12-month median.
04Where are Island Spirit 40 sailboats for sale?+
The top markets for used Island Spirit 40 listings over the past 12 months are United States (50.0%), Panama (35.7%), Australia (14.3%).
05What should I look at instead of a Island Spirit 40?+
Comparable models include Robertson and Caine 40 (2005-2009), FP Isla 40, Island Packet 40. Use the comparison table above to check pricing and availability.