Leopard 45 (1997-2004) Sailboats for Sale

1997 – 2004·Robertson and Caine
Approximate drawing

Hover a measurement to read its value

Rig
Fractional Sloop
LOA
45' · 13.72 m
First year
1997

The Leopard 45 arrived in 1997 as the first production catamaran from Robertson & Caine's Woodstock yard near Cape Town, a builder whose partnership with Moorings charter operations would come to define the boat's DNA and its widespread adoption across Caribbean and global sailing bases. Built by founder John Robertson and partner Jerry Caine — who joined in 1991 — the yard's close ties with Moorings forged since 1995 pushed the design toward rationalized functionality, high electrical selfsufficiency, and the kind of equipment lists that serious liveaboards still appreciate. The V1 generation ran through 2004, and in that span it contributed significantly to the discovery of the catamaran concept in Moorings charter bases around the world.

Market snapshot

Median asking · 12 mo
$ 499,000
Asking price · 457 listings
Recent listings · 90 d
186
457 tracked · 12 mo
3-month price trend
0.0%
vs. 12-mo median
Countries with listings
26
United States (18.4%) · Saint Lucia (14.0%) · British Virgin Islands (10.7%)

Recent Listings

196 for sale · showing 10 newest

Leopard 45 (1997-2004) Buyer's Guide

The Leopard 45 built between 1997 and 2004 occupies a sweet spot in the used catamaran market: large enough to live aboard comfortably, well-proven through years of hard charter work, and widely available in the cruising corridors where blue-water sailors actually sail. It was Robertson & Caine's first production model in a run that would go on to define the affordable performance cruising catamaran segment, and its close relationship with The Moorings charter fleet means that many hulls were built and maintained to a commercial standard before eventually making their way onto the private brokerage market. For a buyer, that history is a double-edged proposition: these boats were worked hard, but they were also maintained on schedule and often fitted out with a generous equipment package. Understanding what that means in practice is the key to buying one well.

Layouts on the Used Market

The most commonly found Leopard 45s in circulation carry the four-cabin charter layout, which places a double berth forward in each hull and a second double aft in each. This configuration maximizes sleeping capacity and was the configuration favored by the charter companies that operated most of these boats. Three-cabin versions do appear, and they reward the search: the owner's version opens up one hull to a much more generous master suite with a proper heads compartment, giving the private owner or couple the kind of space that makes full-time liveaboard life genuinely comfortable rather than merely manageable. Both layouts share the same saloon and cockpit arrangement, with the Leopard's signature forward-opening bulkhead that creates an extended social cockpit — a feature that was considered transgressive when it first appeared and has since become a hallmark of the brand. Buyers who intend to cruise as a couple or small family should prioritize hunting for the three-cabin version, while those chartering occasionally to friends or running a private charter operation will find the four-cabin layout practical.

Equipment and Common Upgrades

One of the genuine advantages of shopping this model is that the charter history drove a high baseline equipment fit. Electric winches, autopilot, chartplotter, dinghy davits, and a bimini are commonly fitted across the used fleet — not upgrades, but standard kit that came with the boats as they left charter service. Air conditioning is widely fitted, as are inverters and watermakers, both of which were considered essential for Caribbean and Mediterranean charter operations. Solar panels have frequently been added by the second or third owner as shore-power independence became more desirable.

Moving up the equipment ladder, AIS, cockpit showers, and hardtops are often seen and should be expected on well-maintained examples that have been actively cruised. Radar, a dedicated freezer, hot water systems, and teak decks appear as owner upgrades that reflect how individual sailors have personalized their boats over time. Starlink and lithium battery banks represent the more recent generation of improvements, and a buyer prepared to retrofit these themselves rather than pay for them in the asking consideration may find better value. An asymmetric spinnaker is a worthwhile find for offshore passage-making, though far from universal.

What to Inspect

The Leopard 45's charter background means that high usage hours are the norm rather than the exception, and inspection priorities should reflect that reality. The bridgedeck — the structural platform that spans the two hulls — deserves close attention. In boats that have been sailed hard, delamination or stress cracking along the bridgedeck and hull-deck joint can develop, particularly around the chainplate and beam-end attachments where loads are greatest. A surveyor experienced with production catamarans is essential; a monohull surveyor may miss the specific failure modes that multihull construction introduces.

The rudders and their bearings warrant scrutiny. The original rudder geometry on this generation of Leopard attracted commentary in the cruising press, and steering feel and rudder wear are areas where age and hard use show up early. Check for play at the rudder stocks and inspect the linking rod between rudders for wear and alignment. Engine compartments should be inspected for corrosion and hose condition; the diesel auxiliaries in these boats are workable but the age of the installation means that heat exchangers, impellers, and raw-water plumbing should be budgeted for replacement if they have not already been addressed.

Standing rigging should be considered time-expired on any example that has not had a documented replacement, as should running rigging, which wears quickly on heavily sailed boats. The trampolines, bimini fabric, and any canvas dodger will often need replacement on older examples — plan for it. Sail inventories vary enormously; sails from hard charter use are usually tired, and a full sail replacement is a meaningful line item in any post-purchase budget.

Finally, osmotic blistering is possible in hulls of this era. A fresh osmotic survey and, where necessary, a barrier coat program should be costed into the acquisition.

Availability and Buyer's Takeaway

The Leopard 45 from this production era is one of the more widely available catamarans in its size range on the used market. Strong concentrations are found across the Caribbean — particularly the US Virgin Islands, the British Virgin Islands, the Bahamas, and Belize — reflecting the charter history that placed so many of these boats in that region. North American listings appear regularly, with Florida serving as a natural aggregation point.

For a buyer willing to do their homework, this is a realistic entry into a capable, proven cruising catamaran with a genuine track record. The charter background need not be a deterrent — it means these boats were designed for reliability and ease of maintenance, and many examples have been comprehensively re-equipped and upgraded by owners who have transformed them from tired charter workhorses into serious cruising platforms. The key is ensuring the survey reflects the boat's true condition rather than a cosmetic freshening.

Pre-purchase checklist:

  • Engage a surveyor with specific multihull and catamaran experience
  • Inspect bridgedeck and hull-beam joints for delamination and stress cracking
  • Check rudder stocks and steering linkage for play and wear
  • Confirm standing rigging age and obtain service records
  • Assess sail inventory condition and budget for replacement if needed
  • Evaluate engine compartment for corrosion, hose condition, and service history
  • Commission a full osmotic survey of both hulls
  • Verify watermaker, air conditioning, and electrical systems are operational
  • Confirm layout (three-cabin owner's version vs four-cabin charter) before viewing
  • Budget for lithium/solar upgrade if the vessel still runs on older lead-acid banks

Where they're listed

Leopard 45 (1997-2004) listings appear across 26 countries. United States has the most listings with 79 (18.4%), followed by Saint Lucia and British Virgin Islands.

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

Country view

429 listings · 26 countries
CountryMedian askListings · 12 moActive · 90 dShare
United States$ 780,000793418.4%
Saint Lucia$ 399,000602914.0%
British Virgin Islands$ 439,500461010.7%
Bahamas$ 379,000431610.0%
Seychelles$ 482,78732177.5%
Belize$ 519,00029106.8%
Italy$ 477,0932144.9%
French Polynesia$ 438,3791804.2%
Grenada$ 559,00015113.5%
Croatia$ 477,0931563.5%
Saint Martin$ 389,0001563.5%
Greece$ 649,0291282.8%

Comparable models

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

Similar boats to compare

10 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
LAGOON 45045.8'$ 475,000759270
Robertson and Caine 45 (1997-2004)You are here$ 499,000457186
Performance Sun Odyssey 4545.01'$ 165,10410134
Outremer 4544.95'$ 660,0004711
X-Yachts XC 4545.47'$ 489,618178
Swan 4545.37'$ 315,000151
Dufour Classic 4545.92'$ 108,649120
Catalina Morgan 4545.25'$ 40,000119
Island Packet 4545.25'$ 140,719101
Oyster 4544.33'$ 282,79680

Frequently asked questions

01How much does a used Leopard 45 (1997-2004) cost?+
The median asking price for a used Leopard 45 (1997-2004) over the past 12 months is $499,000. Prices vary by condition, year, equipment, and location.
02How many Leopard 45 (1997-2004) sailboats are for sale?+
186 Leopard 45 (1997-2004) listings have gone live in the last 90 days, and 457 have been tracked across the past 12 months.
03Are Leopard 45 (1997-2004) prices going up or down?+
The median asking price for the Leopard 45 (1997-2004) has stayed steady over the last 3 months compared with the 12-month median.
04Where are Leopard 45 (1997-2004) sailboats for sale?+
The top markets for used Leopard 45 (1997-2004) listings over the past 12 months are United States (18.4%), Saint Lucia (14.0%), British Virgin Islands (10.7%).
05Do Leopard 45 (1997-2004) listings get price reductions?+
About 41% of Leopard 45 (1997-2004) listings have had a price reduction, with an average discount of 7.1% 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 45 (1997-2004)?+
Comparable models include LAGOON 450, Performance Sun Odyssey 45, Outremer 45. Use the comparison table above to check pricing and availability.