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 arrived as part of Phil Southwell’s original Island Spirit lineup during the Fortuna Catamarans era. At 39 feet 9 inches overall with a 22foot1inch beam and a mere 3foot draft, she carries 15,212 pounds of displacement across twin hulls built for comfortable offshore passagemaking rather than raw speed. What distinguishes her from the crowded field of early2000s cruising cats is a deliberate emphasis on robust, serviceable systems and an interior finished without a hull liner.

Market snapshot

Median asking · 12 mo
$200,170
Asking price · 16 listings
Recent listings · 90 d
2
16 tracked · 12 mo
3-month price trend
+5.9%
vs. 12-mo median
Countries with listings
3
United States (53.3%) · Panama (33.3%) · Australia (13.3%)

Recent Listings

9 for sale · showing 10 newest

Island Spirit 40 Buyer's Guide

Shopping the brokerage market for an Island Spirit 40 means looking at a South African-built Phil Southwell catamaran from the Fortuna Catamarans period, a 39-foot-9-inch boat with a 22-foot-1-inch beam and a 3-foot draft. She was built as a practical offshore cruiser with simple, robust systems, and the used fleet reflects that original intent more than any later refit fashion.

Layouts on the Used Market

Owner three-cabin layouts are the more common on the used market, but both owner and charter-style arrangements appear, and ex-charter examples are common. The roomy interior, wide sidedecks, and elongated transoms that ease boarding carry over from the as-built design, so even a former charter boat tends to feel open and serviceable rather than worn out by configuration. Buyers should simply confirm which cabin count and saloon arrangement suits their plans, since the hull itself does not change between versions.

Equipment and Common Upgrades

Most boats on the market carry a strong offshore-tending equipment set. Commonly fitted items include chartplotter, autopilot, radar, watermaker, air conditioning, solar, inverter, electric winches, EPIRB, freezer, hot water, cockpit shower, and life raft. For power and energy, the beefy electrical system designed for passagemaking pairs well with the commonly fitted solar and inverter and the often-seen wind generator or lithium batteries. Navigation is covered by the common chartplotter, autopilot, and radar, with AIS often seen. Comfort clusters around air conditioning, watermaker, and freezer, while canvas and sail-handling upgrades frequently include a hardtop, bimini, dinghy davits, and an asymmetric spinnaker for downwind work. A circumnavigation-grade rig and trampoline or Starlink appear less often, as owner upgrades rather than standard fit.

What to Inspect

The construction record shows hulls and deck built of hand-laid fiberglass vacuum-bagged over a balsa core core construction detailed in the review, so a buyer should look closely for any balsa saturation or deck softening at through-bolted hardware. The interior is finished with white Awlgrip and has no hull liner, which makes previous repairs easy to see but also means any osmotic or impact damage is visible rather than hidden. Confirm that the simple, robust, and accessible systems remain so: the electrical system was built beefy for offshore use, and the high-quality deck hardware should show minimal corrosion or overload. The stand-up nav station with large chart table is a plus, though note it was originally lacking a proper nav seat.

Availability and Buyer's Takeaway

These cats typically appear in the United States, Panama, and Australia. For a shopper, the takeaway is straightforward:

  • Prefer an owner three-cabin layout unless charter capacity matters
  • Verify core integrity at deck penetrations given the balsa construction
  • Check the electrical system and Yanmar twins for offshore-readiness
  • Expect strong standard electronics and power gear; treat hardtop or lithium as bonus
  • Inspect the liner-free interior for honest repair history

Where they're listed

Island Spirit 40 listings appear across 3 countries. United States has the most listings with 8 (53.3%), followed by Panama and Australia.

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

Country view

15 listings · 3 countries
CountryMedian askListings · 12 moActive · 90 dShare
United States$183,0008053.3%
Panama$220,0005033.3%
Australia$222,2652113.3%

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'$ 336,78335579
FP Isla 4039.14'$ 480,00011634
Island Packet 4040'$ 159,0005320
Performance 4040.42'$ 115,368368
Elan 4039.04'$ 92,062306
Manta 4039.67'$ 200,000223
Nautitech 4039.67'$ 225,000214
Admiral Admiral 4040'$ 199,990187
Island Spirit 40You are here$ 200,170162
Islander 4039.54'$ 28,750146
Island Spirit 3736.08'$ 169,000107

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 $200,170. Prices vary by condition, year, equipment, and location.
02How many Island Spirit 40 sailboats are for sale?+
2 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 is up 5.9% 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 (53.3%), Panama (33.3%), Australia (13.3%).
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.