Leopard 40 (2005-2009) Sailboats for Sale

Morrelli & Melvin·2005 – 2009·Robertson and Caine
Approximate drawing

Hover a measurement to read its value

Hull Type
Catamaran · twin
Rig
Fractional Sloop
LOA
39.27' · 11.97 m
Disp.
16,821 lbs · 7,630 kg
First year
2005

The Leopard 40 arrived as a deliberate departure from Robertson and Caine's earlier catamaran formula. Where previous Leopard models had been penned by Alex Simonis, the 2005–2009 generation brought aboard Gino Morrelli and Pete Melvin — a design team whose reputation for livelier multihull performance set expectations higher from the outset. The boat also carried the weight of a powerful commercial alliance: Moorings, then the world leader in bareboat charter, held an exclusive contract with the Durbanbased yard and codeveloped the 40 as a platform to attract both owneroperators and fleet buyers seeking a cheaper, more accessible catamaran than the brand's 43 and 47foot flagships.

Market snapshot

Median asking · 12 mo
$ 335,755
Asking price · 347 listings
Recent listings · 90 d
159
347 tracked · 12 mo
3-month price trend
-2.0%
vs. 12-mo median
Countries with listings
26
United States (18.2%) · Croatia (17.3%) · Saint Lucia (12.6%)

Recent Listings

144 for sale · showing 10 newest

Leopard 40 (2005-2009) Buyer's Guide

The Leopard 40 occupies a compelling sweet spot in the used catamaran market: a Morrelli & Melvin design built by Robertson and Caine in South Africa, sharing its bloodline with the Moorings 4000 charter fleet. That charter heritage is both the model's greatest asset and the first thing a prospective buyer must reckon with. Many examples on the brokerage market spent their early years in commercial service — well-maintained by professional crews in some cases, worked hard in others. Understanding which history a particular boat carries is the single most important task before making an offer.

The design brief that shaped this catamaran was explicitly different from Robertson and Caine's earlier Simonis-designed models. Morrelli and Melvin brought higher bridgedeck clearance, lighter displacement relative to length, and a livelier sailing character. The sail area-to-displacement ratio sits firmly in performance territory for a cruising cat, and the shallow twin-keel draft of under four feet opens up anchorages and careening options that deeper-draft competitors cannot reach. These qualities made it popular with liveaboards and bluewater cruisers as well as charterers, and that diversity of use is reflected in the variety of configurations that turn up for sale.

Layouts on the Used Market

Two cabin arrangements circulate widely. The owner's version concentrates accommodation in three double cabins — typically a larger owner's suite forward in one hull and two guest cabins in the other — preserving more storage and a slightly more generous saloon layout than the charter configuration. The four-cabin arrangement fills both hulls symmetrically with equal-sized cabins and two heads per side, maximising berth count at the expense of storage and the sense of spaciousness. Ex-charter four-cabin examples are common on the brokerage market, particularly in the Caribbean and Mediterranean where the Moorings fleet once operated in numbers. Neither configuration is inherently inferior; the choice comes down to whether you are buying for private cruising or plan to offset costs through charter yourself.

Galley placement is uniformly in the saloon on this model, opening onto the main living space and toward the cockpit — a practical arrangement that keeps the cook integrated with crew and guests. Headroom throughout the saloon and cabins is generous for the era and size class.

Equipment and Common Upgrades

Used examples are almost universally fitted with air conditioning, a reflection of the boat's charter-market origins and its popularity in tropical regions. Solar panels, a bimini, autopilot, chartplotter, dinghy davits, and electric winches are routinely present — the kind of kit that charterers expect and that previous owners have found essential for passagemaking. A cockpit shower and hardtop enclosure turn up on a meaningful share of listings, the hardtop often replacing the original bimini frame and adding structural rigidity and shade.

Among owner upgrades, a watermaker is a frequent addition, as is an inverter, a dedicated freezer separate from the standard refrigerator, and a dodger forward of the cockpit for offshore work. Owners who have kept these boats in northern or high-latitude anchorages sometimes add diesel heating. A growing number of examples that have changed hands recently have received lithium battery banks, typically paired with expanded solar capacity and a proper battery management system — a worthwhile upgrade but one that warrants scrutiny of the installation quality. Life raft brackets and cradles are commonly fitted, though whether a current, certified raft accompanies the boat is always worth confirming. Hot water systems, where fitted, vary from simple engine-heat heat exchangers to more complete setups with an electric immersion element backed by solar.

What to Inspect

The Morrelli and Melvin design introduced a higher bridgedeck than previous Leopard models, but bridgedeck slamming in steep short chop remains something to assess on sea trial — it is a function of both sea state and loading, and how pronounced it is varies between hulls of this series. Pay attention to how the boat has been trimmed and loaded.

Charter-use catamarans at this length routinely accumulate wear in ways that are not always visible in a walkthrough. Focus inspection on the structural bulkheads at the hull-deck joint in both bows, where hobby-horsing and docking loads concentrate stress over years of use. Osmotic blistering on fiberglass hulls of this era is always possible; a moisture survey of both hulls below the waterline is not optional.

The twin Volvo Penta diesel installations each produce modest horsepower, adequate for maneuvering but not for charging in port without shore power or solar. Inspect both engines independently — hours, service records, impeller replacement history, heat exchanger condition, and raw-water strainer maintenance. Stuffing boxes or shaft seals on both hulls deserve attention. The standing rigging on boats of this age is typically beyond its service interval; budget for replacement unless documentation proves recent renewal. The fractional sloop rig is straightforward but check the mast base and compression post carefully, particularly on any boat with a charter past. Running rigging, clutches, and electric winch motors all wear at an accelerated rate in charter service.

Air conditioning compressors, seacocks, and through-hulls are the other systems that accumulate wear silently. Confirm that every seacock operates freely; this is a class of boat where multiple through-hulls are installed per hull. The freshwater tankage is substantial and the tanks themselves, along with hoses and fittings, should be inspected for condition.

Availability and Buyer's Takeaway

The Leopard 40 from this production period circulates broadly across the brokerage market. Listings appear consistently in the United States — particularly Florida and the mid-Atlantic — and across the Caribbean basin, with the French and British island groups well represented. European listings concentrate in Croatia and the broader western Mediterranean. The boat's Moorings charter association means ex-fleet examples surface periodically as those programs cycle inventory, occasionally in clusters.

This is a well-supported model: Robertson and Caine continued producing Leopard catamarans, and parts, experienced surveyors, and knowledgeable mechanics are not difficult to locate in the main sailing hubs. The owners' community is active.

Before making an offer, confirm or budget for:

  • Independent marine survey with moisture readings on both hulls
  • Full engine service records and independent inspection of both powerplants
  • Standing rigging age and documentation; replacement cost if due
  • Seacock and through-hull condition and operability
  • Air conditioning system service history and compressor condition
  • Layout verification (three-cabin owner vs four-cabin charter) and storage assessment
  • Watermaker, if fitted: membrane age and service history
  • Battery bank type, age, and installation quality — especially if lithium
  • Life raft certification date
  • Charter use history and any associated structural inspection records

Where they're listed

Leopard 40 (2005-2009) listings appear across 26 countries. United States has the most listings with 58 (18.2%), followed by Croatia and Saint Lucia.

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

Country view

318 listings · 26 countries
CountryMedian askListings · 12 moActive · 90 dShare
United States$ 359,000582618.2%
Croatia$ 374,452553417.3%
Saint Lucia$ 319,000401712.6%
French Polynesia$ 358,51831179.7%
British Virgin Islands$ 319,0002768.5%
Belize$ 319,5002266.9%
Greece$ 259,5181434.4%
Saint Martin$ 329,0001344.1%
Bahamas$ 329,0001053.1%
Australia$ 236,681732.2%
Grenada$ 340,000712.2%
Seychelles$ 399,000732.2%

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)You are here$ 335,755347159
LAGOON 4038.52'$ 369,00030585
FP Lucia 4038.48'$ 389,00018278
Performance 4040.42'$ 112,9673716
Elan 4039.04'$ 87,914303
Nautitech 4039.67'$ 250,393275
Manta 4039.67'$ 200,0002213
Island Spirit 4039.66'$ 203,170165
Beneteau 4039.83'$ 152,174163
Dolphin Catamarans 46045.75'$ 450,0001510
Robertson & Caine 40 (2015-2020)39.34'$ 375,000118

Frequently asked questions

01How much does a used Leopard 40 (2005-2009) cost?+
The median asking price for a used Leopard 40 (2005-2009) over the past 12 months is $335,755. Prices vary by condition, year, equipment, and location.
02How many Leopard 40 (2005-2009) sailboats are for sale?+
159 Leopard 40 (2005-2009) listings have gone live in the last 90 days, and 347 have been tracked across the past 12 months.
03Are Leopard 40 (2005-2009) prices going up or down?+
The median asking price for the Leopard 40 (2005-2009) is down 2.0% over the last 3 months compared with the 12-month median.
04Where are Leopard 40 (2005-2009) sailboats for sale?+
The top markets for used Leopard 40 (2005-2009) listings over the past 12 months are United States (18.2%), Croatia (17.3%), Saint Lucia (12.6%).
05Do Leopard 40 (2005-2009) listings get price reductions?+
About 30% of Leopard 40 (2005-2009) listings have had a price reduction, with an average discount of 6.2% off the original ask. If a listing has been on the market for more than 90 days without a cut, the seller may not be in a hurry.
06What should I look at instead of a Leopard 40 (2005-2009)?+
Comparable models include LAGOON 40, FP Lucia 40, Performance 40. Use the comparison table above to check pricing and availability.