Leopard 38 Buyer's Guide
Shopping the brokerage market for a Leopard 38 means choosing between two well-represented interior plans from the 2009-generation Morrelli & Melvin redesign, with ex-charter examples common alongside privately owned three-cabin boats. Built by Robertson and Caine as a 37-foot-6-inch catamaran with a 19-foot-9-inch beam, she carries 92 gallons of diesel and 206 gallons of water, figures that frame her as a self-sufficient coastal and bluewater cruiser rather than a weekend daysailer.
Layouts on the Used Market
Owner three-cabin and charter four-cabin arrangements are both well represented, and the ex-charter pool is common. The three-cabin version gives the whole starboard hull to an owner's suite with the head forward, while the four-cabin layout mirrors quarters in each hull around amidships heads. The saloon's U-shaped aft galley with a starboard refrigerator/freezer and two forward-opening cabinhouse hatches is consistent across both, so a buyer's real choice is privacy versus payload berths.
Equipment and Common Upgrades
Solar, lithium batteries, chartplotter, autopilot, inverter, and trampoline are commonly fitted, forming the energy and navigation baseline most buyers should expect. Often-seen additions include air conditioning, a hardtop, electric winches, and dinghy davits — clusters that speak to comfort and self-reliance at anchor rather than speed. A watermaker and cockpit shower fall in the same frequently encountered tier. Less common owner upgrades such as a spinnaker or radar should be treated as negotiable extras, not assumed equipment.
What to Inspect
The boat's documented structural envelope shows a pronounced longitudinal knuckle in the topsides and low-aspect-ratio fixed keels, and the cockpit helmsman's cutout in the bimini hardtop is a built feature. Verify the integrity of that hardtop opening and the starboard elevated steering station where jib sheets and halyards are led, since concentrated loads gather there. The twin Yanmar auxiliaries and fixed keels should be checked for saildrive sealing at the hull penetrations.
Availability and Buyer's Takeaway
These cats turn up across the United States, Australia, Türkiye, Mexico, Guernsey, and the British Virgin Islands. For a buyer, the shortlist is: confirm which of the two cabin layouts fits your use, expect to inherit a solar-and-lithium energy suite, inspect the helm hardtop cutout and saildrive seals, and treat ex-charter history as a price-and-wear variable rather than a disqualifier.
Price & volume trends
Monthly asking-price and listing-volume trends for the Leopard 38. The line shows the median ask each month; the bars show how many listings appeared.
Monthly breakdown · 16 rows
| Month | Listings | Median ask | Δ vs. last mo. |
|---|---|---|---|
| Mar 25 | 1 | $175,000 | — |
| Apr 25 | 1 | $300,000 | +71.4% |
| Jul 25 | 2 | $271,500 | -9.5% |
| Aug 25 | 3 | $245,000 | -9.8% |
| Sep 25 | 3 | $219,000 | -10.6% |
| Oct 25 | 1 | $229,000 | +4.6% |
| Nov 25 | 2 | $429,845 | +87.7% |
| Dec 25 | 1 | $238,000 | -44.6% |
| Jan 26 | 3 | $245,000 | +2.9% |
| Feb 26 | 2 | $129,900 | -47.0% |
| Mar 26 | 3 | $180,000 | +38.6% |
| Apr 26 | 12 | $180,450 | +0.3% |
| May 26 | 4 | $175,000 | -3.0% |
| Jun 26 | 8 | $179,000 | +2.3% |
| Jul 26 | 1 | $245,000 | +36.9% |
| Aug 26 | 6 | $245,000 | 0.0% |
Where they're listed
Leopard 38 listings appear across 10 countries. United States has the most listings with 25 (64.1%), followed by Puerto Rico and Australia.
Country view
39 listings · 10 countries| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| United States | $175,000 | 25 | 6 | 64.1% |
| Puerto Rico | $245,000 | 5 | 5 | 12.8% |
| Australia | $265,000 | 2 | 0 | 5.1% |
| France | $185,405 | 1 | 0 | 2.6% |
| Guernsey | $238,000 | 1 | 0 | 2.6% |
| Greece | $197,991 | 1 | 0 | 2.6% |
| New Zealand | $260,000 | 1 | 0 | 2.6% |
| Turkey | $256,374 | 1 | 0 | 2.6% |
| British Virgin Islands | $179,000 | 1 | 1 | 2.6% |
| US Virgin Islands | $185,000 | 1 | 0 | 2.6% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
11 similar designs| Model | LOA | Median ask | Listings · 12 mo | Active · 90 d |
|---|---|---|---|---|
| Lagoon 380 | 37.89' | $ 219,000 | 357 | 60 |
| Bavaria Yachts C38 | 37.34' | $ 299,821 | 88 | 14 |
| Beneteau Oceanis 38 | 37.73' | $ 163,491 | 72 | 20 |
| Leopard Catamarans 39 | 37.5' | $ 289,000 | 51 | 14 |
| Robertson and Caine 38You are here | — | $ 219,000 | 46 | 15 |
| Lagoon 38 | 43.04' | $ 524,375 | 35 | 15 |
| FP Athena 38 | 38.05' | $ 142,746 | 31 | 2 |
| Freedom 38 | 37.92' | $ 71,247 | 18 | 7 |
| Prout 38 | 38' | $ 135,402 | 16 | 2 |
| Island Spirit 40 | 39.66' | $ 200,174 | 16 | 2 |
| Robertson & Caine 40 (2015-2020) | 39.34' | $ 375,000 | 11 | 2 |