The Kadey-Krogen 38 Cutter occupies a unique position in the history of a builder almost exclusively known for full-displacement trawlers. Designed by Jim Krogen as a personal "labor of love" and a dedicated shoal-draft cruiser, the 38 Cutter was produced between 1981 and 1991, with roughly 90 hulls completed at the Asia Harbor Yacht Builders yard in Taiwan. Unlike the mass-produced cruisers of its era, the 38 Cutter was engineered as a heavy-displacement, blue-water vessel capable of navigating the thin waters of the Bahamas while maintaining the structural integrity required for transatlantic passages. Its design philosophy mirrors the Kadey-Krogen powerboat line—prioritizing volume, comfort, and safety over raw speed. As noted on the Kadey-Krogen 38' Cutter official page, the vessel utilizes a fiberglass sandwich construction with a closed-cell PVC foam core, a hallmark of the brand that provides superior thermal insulation and sound dampening compared to solid glass or balsa-cored hulls.
Kadey-Krogen 38 Sailboats for Sale & Market Overview

- Make
- Kadey-Krogen
- Model
- 38
- Builder
- Kadey-Krogen Yachts, Inc. (TAIWAN)
- Designer
- James S. Krogen
- Number Built
- 85
- Production Year(s)
- 1980 - 1991
Below are the most recent Kadey-Krogen 38 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date |
|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| Feb 2025 | 1 | $79,900 |
| Mar 2026 | 2 | $74,900 |
| Apr 2026 | 2 | $84,900 |
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Nauticat 38 | 37.5' | $115,451 | 39 | 16 |
| Island Packet 38 | 38' | $99,000 | 28 | 11 |
| Hallberg-Rassy 38 | 37.96' | $92,479 | 22 | 9 |
| Cabo Rico 38 | 38' | $89,000 | 13 | 4 |
| Shannon 38 | 37.75' | $64,950 | 13 | 4 |
| Caliber 38 | 38' | $84,500 | 11 | 7 |
| Downeast 38 | 38' | $42,500 | 11 | 4 |
| Prout 38 | 38' | $155,542 | 8 | 6 |
| INGRID 38 | 38' | $51,507 | 6 | 3 |
| Kadey-Krogen 38 | $79,900 | 4 | 4 | |
| Downeaster 38 | 38' | $47,450 | 4 | 3 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $79,900 | 4 | 4 |
Frequently Asked Questions
- How much does a used Kadey-Krogen 38 cost?
- The median asking price for a used Kadey-Krogen 38 over the past 12 months is $79,900. Prices vary by condition, year, equipment, and location.
- How many Kadey-Krogen 38 sailboats are for sale?
- We have tracked 4 Kadey-Krogen 38 listings over the past 12 months, with 4 listed within the last 90 days.
- Are Kadey-Krogen 38 prices going up or down?
- The median asking price for the Kadey-Krogen 38 has remained stable over the last 3 months compared to the 12-month average.
- What are similar sailboats to the Kadey-Krogen 38?
- Comparable models include the Nauticat 38, Island Packet 38, Hallberg-Rassy 38. See the comparison table above for pricing and availability.