Islander 40 Sailboats for Sale

Doug Peterson·1979·Islander / Tradewind Yachts
Islander 40 drawingBuilder drawing
Hull Type
Monohull · fin
Rig
Masthead Sloop
LOA
39.54' · 12.05 m
Disp.
17,000 lbs · 7,711 kg
First year
1979

The Islander 40 stands as one of Doug Peterson's more intriguing late1970s creations: an American racercruiser built by Islander Yachts and launched in 1979, with only a brief production run before the tooling went quiet. Peterson, already known for performanceoriented hull forms, gave the 40 a dual personality that the period press read as genuinely versatile — a boat that could pace a Wednesdaynight fleet yet still carry a family offshore in reasonable comfort. Sources differ on the exact tally, with one record stating 57 examples and another nearer 70 hulls; either way, the model was a limited series, and production ceased after 1985.

Market snapshot

Median asking · 12 mo
$28,750
Asking price · 14 listings
Recent listings · 90 d
6
14 tracked · 12 mo
3-month price trend
+76.5%
vs. 12-mo median
Countries with listings
1
United States (100.0%)

Recent Listings

11 for sale · showing 10 newest

Islander 40 Buyer's Guide

Shopping the used market for an Islander 40 means chasing a small cohort of Doug Peterson racer-cruisers launched in 1979 and built through the mid-1980s, with somewhere between 57 and 70 hulls in total. These are not common boats, but they surface often enough in the right regions for a patient buyer to find one. The 40 blends a race-derived hull with a six-berth cruising interior, and the smart shopper learns which layouts and upgrades matter before booking a survey.

Layouts on the Used Market

Every Islander 40 carries the same essential plan: a private V-berth bow cabin, an aft quarter berth under the cockpit, two saloon settees, and a pilot berth above to port, sleeping six. The U-shaped galley with propane stove sits to port at the companionway, the nav station faces it, and an enclosed head with shower sits just aft of the bow. Two keel configurations appear — the standard 7.17-foot fin and the 5.16-foot shoal draft, the latter normally paired with a shorter rig. Buyers who cruise thin water should favor the shoal version; those chasing performance will want the deeper board.

Equipment and Common Upgrades

On the used market, heating and autopilot are commonly fitted, and a spinnaker is a common sight in the sail locker. Radar, inverter, hot water, and chartplotter are often seen. Less common owner additions include solar, air conditioning, bow thruster, dinghy davits, AIS, and life raft. For a buyer, the consequential clusters are energy and navigation: an inverter and chartplotter reduce reliance on shore power and paper, while a heating system extends the season. A spinnaker matters for light-air performance but is secondary to a sound mainsail and genoa.

What to Inspect

The PVC-foam-cored deck is the area a survey should scrutinize for delamination or moisture, given the boat's age and the cored construction. The oiled teak trim needs checking for weathering and caulking failure at joints. The 42-hp Volkswagen diesel should be run up to temperature and checked for smoke and oil pressure, and the pressurized water system verified alongside the redundant foot pump.

Availability and Buyer's Takeaway

Islander 40s typically appear in the United States, the Netherlands, and Mexico. For the buyer, the short list is: confirm keel type against intended cruising grounds, survey the foam-cored deck for moisture, verify the Volkswagen diesel and both water systems, and check for a shorter rig on any shoal-draft example. A clean, well-equipped hull is a rare find worth moving on.

Where they're listed

Islander 40 listings appear across 1 country. United States has the most listings with 12.

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

Country view

12 listings · 1 country
CountryMedian askListings · 12 moActive · 90 dShare
United States$24,999126100.0%

Comparable models

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

Similar boats to compare

8 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Island Packet 4040'$ 159,0005421
Islander 3636.08'$ 23,2823310
Elan 4039.04'$ 91,966306
Island Spirit 4039.66'$ 200,361162
Islander 40You are here$ 28,750146
J/BOATS J/4040'$ 69,000138
Jeanneau Sun Fast 4040'$ 167,634132
Pearson 4039.92'$ 55,00091

Frequently asked questions

01How much does a used Islander 40 cost?+
The median asking price for a used Islander 40 over the past 12 months is $28,750. Prices vary by condition, year, equipment, and location.
02How many Islander 40 sailboats are for sale?+
6 Islander 40 listings have gone live in the last 90 days, and 14 have been tracked across the past 12 months.
03Are Islander 40 prices going up or down?+
The median asking price for the Islander 40 is up 76.5% over the last 3 months compared with the 12-month median.
04Where are Islander 40 sailboats for sale?+
The top markets for used Islander 40 listings over the past 12 months are United States (100.0%).
05What should I look at instead of a Islander 40?+
Comparable models include Island Packet 40, Islander 36, Elan 40. Use the comparison table above to check pricing and availability.