Island Spirit 40 Sailboats for Sale & Market Overview

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
39.8' · 12.13 m
Displ.
17,199 lbs · 7,801 kg
First year
2003

The Island Spirit 40, designed by naval architect Phil Southwell and primarily manufactured by Fortuna Catamarans in South Africa, represents a successful synthesis of bluewater capability and liveaboard comfort. Launched in the late 1990s and reaching peak popularity in the early 2000s, this 40foot multihull was a standout in an era when catamarans were beginning to dominate the cruising market. It was specifically engineered to handle the rigorous conditions of the South African coast, resulting in a vessel that prioritizes structural integrity and bridge deck clearance. The model gained significant international recognition when it was named Cruising World’s Boat of the Year in 2001, specifically winning the category for best cruising catamaran under 40 feet. The Island Spirit 40 is the larger sibling to the Island Spirit 37, utilizing a similar design philosophy but offering expanded waterline length for better pitch damping and increased interior volume. Later iterations, such as the Island Spirit 401, refined the transom and cockpit layout, though the foundational hull remained consistent throughout the production run.

Market snapshot

Median asking · 12 mo
$ 225,000
Ask, not sold · 15 listings
Recent listings · 90 d
7
15 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

11 for sale · sampled 10 newest

Where they're listed

Island Spirit 40 listings span 3 countries. United States leads with 7 listings (50.0%), followed by Panama and Australia.

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

Country breakdown

14 listings · 3 countries
CountryMedian askListings · 12 moActive · 90 dShare
United States$ 179,0007150.0%
Panama$ 225,0005435.7%
Australia$ 237,7152114.3%

Comparable models

Similar length overall, displacement, and era. Click a row to jump to that model's market page.

Peer cross-shop

10 designs · same segment
ModelLOAMedian askListings · 12 moActive · 90 d
Robertson and Caine 40 (2005-2009)39.27'$ 336,164297171
Robertson and Caine 42 / Moorings 4200 (2001-2004)41.4'$ 593,50012086
Island Packet 4040'$ 159,0004116
Performance 4040.42'$ 123,5003118
Elan 4039.04'$ 89,0602813
Nautitech 4039.67'$ 250,1292716
Manta 4039.67'$ 199,500189
Island Spirit 40You are here$ 225,000157
Islander 4039.54'$ 34,99998
Island Spirit 3736.08'$ 152,00062

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 $225,000. Prices vary by condition, year, equipment, and location.
02How many Island Spirit 40 sailboats are for sale?+
7 Island Spirit 40 listings have gone live in the last 90 days, and 15 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 remained stable over the last 3 months compared to 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), Robertson and Caine 42 / Moorings 4200 (2001-2004), Island Packet 40. See the peer cross-shop table above for pricing and availability.