Leopard 48 Buyer's Guide
The Leopard 48 is one of the most recognizable production cruising catamarans of its era, and the used market reflects just how thoroughly it captured the imagination of liveaboard voyagers and bluewater passagemakers. Built by Robertson and Caine in South Africa between 2010 and 2018, the Simonis-Voogd design brought a wide, airy interior and capable offshore platform to a price point that made it a charter staple and private ownership mainstay in equal measure. Buying a used example means navigating a boat with a clear dual identity — many hulls were worked hard in charter fleets under the Moorings 4800 banner before transitioning to private hands, while others were owner-operated from new and have led comparatively gentle lives. Understanding which history your candidate carries is the first and most important step.
The build quality underpinning both stories is solid. Robertson and Caine vacuum-bags the hulls with balsa coring throughout, and the result is a stiff, relatively light structure. Sealed bow and stern bulkheads give genuine bluewater pedigree, and the flared topsides that splay outward above a distinct chine contribute both spray deflection and reserve buoyancy — qualities that show up in the boat's composure at sea rather than in any spec sheet. The shallow twin keels are filled with closed-cell polyurethane foam, which eliminates the water-ingress risk that hollow keel cavities create in older catamarans. Construction concerns, in other words, start from a strong baseline; where problems arise, they tend to be related to maintenance history rather than fundamental design weaknesses.
Layouts on the Used Market
Charter four-cabin layouts are the configuration you will encounter most often when browsing brokerage listings, a predictable consequence of the boat's extensive career as the Moorings 4800. In the four-cabin arrangement, each hull is divided symmetrically into two guest cabins with an en-suite head, and the saloon occupies a wide, central bridge-deck space. The three-cabin owner's version is meaningfully different: the starboard hull is essentially surrendered to a single large stateroom with a walk-around berth and dedicated heads, making it the preferred choice for private bluewater cruising couples who want genuine owner's accommodation. Both variants also allow for additional crew quarters in the bows. Neither layout is rare enough that buyers need to settle — both come to market regularly — but those with strong preference for the owner's version should expect to search a little longer.
The saloon is notable for the glass doorway centered in the cabintrunk that leads forward to the bow cockpit, a Robertson and Caine signature that divides the space but preserves the long view. Flanking that door is a forward-facing navigation station to port and a generous table-and-settee arrangement to starboard. The large rectangular hull windows are a defining visual feature both inside and out, and they pour light and air into what would otherwise be tight hull spaces.
Equipment and Common Upgrades
A well-equipped Leopard 48 on the brokerage market typically arrives with a substantial suite of offshore gear already installed. Solar panels are commonly fitted, often paired with lithium battery banks reflecting the energy management upgrades owners pursued over the boat's production and post-production life. Autopilot, a chartplotter, and an inverter are effectively standard on any example that has been properly prepared for offshore passages. Watermakers and air conditioning are found on the great majority of listings, a direct inheritance from the boat's charter ancestry where guest comfort was non-negotiable.
Radar, AIS, dinghy davits with a tender aboard, washing machines, and electric winches round out the picture of what a well-maintained example often carries. These items appear consistently enough that their absence on an otherwise complete boat is worth noting during your survey process.
Owner upgrades layer onto this foundation in predictable directions. A bimini or extended bimini cover is a frequent addition for sun protection in tropical cruising grounds. Downwind sail packages — a code zero, an asymmetric spinnaker, or a cruising spinnaker on a snuffer — appear on boats prepared for trade-wind passages, and a furling main is sometimes substituted for the standard slab-reefed arrangement. Starlink antennas and freezer upgrades are increasingly common owner additions reflecting how the fleet has been brought up to modern liveaboard standards. A cockpit shower, dedicated hot water system upgrade, and life raft round out the safety and comfort-oriented additions worth looking for.
What to Inspect
Charter history is the overriding caveat on this model. Hulls that spent years in fleet service saw heavy use, deferred maintenance, and sometimes less-than-careful crew handling — conditions that accelerate wear on standing rigging, running rigging, sail fabric, and mechanical systems. Request a full charter history and maintenance log if available, and weight a professional survey accordingly. An independent condition survey by a marine surveyor experienced with production catamarans is not optional on a boat of this vintage.
The vacuum-bagged balsa core construction is robust, but balsa coring remains susceptible to moisture intrusion wherever deck hardware penetrates the laminate. Pay careful attention to chainplates, stanchion bases, and any deck fittings that have been added or repositioned over the years. A moisture meter in the hands of your surveyor is essential, particularly around older or reseated fittings.
The twin Yanmar diesel engines are a known quantity and generally straightforward to maintain, but engine hours on a charter boat can accumulate rapidly. Ask specifically about engine hours and the service history for both units, including impellers, zincs, heat exchangers, and transmission fluid. Sail drives or shaft seals deserve close visual inspection.
The shallow twin keels filled with closed-cell foam address the water-ingress risk, but keel-to-hull joint bonding is worth examining on any example that has run aground — an event that is not uncommon in shallow anchorages favored by charter operators in the Caribbean and the Pacific. Any soft spots or cracking at the keel attachment deserves further investigation before purchase.
Rigging age and condition is particularly important: the rotating fractional sloop rig with its rotating spar adds complexity that requires informed inspection. Confirm the rig has been tuned and inspected by a qualified rigger, and check the age of the standing rigging against the boat's overall history. Running rigging on charter boats is replaced on schedule, but owner-operated boats sometimes defer this work.
The forward cockpit roof sliding hatch and the hull windows are worth checking for seal integrity — water intrusion at these locations can lead to headliner damage and, in the worst cases, moisture in core material around the deck.
Availability and Buyer's Takeaway
The Leopard 48 is one of the most widely available cruising catamarans on the global brokerage market, reflecting the size of the original production run and the number of examples that graduated from charter fleets into private ownership. The greatest concentration of listings sits in the Caribbean — the United States East Coast brokerage hubs, the British Virgin Islands, and the wider Caribbean arc — with meaningful availability across the Mediterranean, particularly in Greece, and in the South Pacific, notably Australia and New Zealand. Buyers in most major sailing markets should find reasonable selection without needing to travel far to see candidates.
The boat's dual identity as a charter workhorse and a capable bluewater cruiser is both its principal appeal and its principal complication. For a buyer willing to do the homework — verifying maintenance history, commissioning a thorough survey, and budgeting for likely equipment refreshes on a charter-history hull — the Leopard 48 represents an established, well-supported platform with a strong owner community and good parts availability. For the buyer who simply wants to step aboard and cast off without a refit, a well-maintained private-ownership example is worth the patience required to find one.
Buyer's checklist:
- Obtain and review the full charter history and maintenance log
- Commission a marine survey by a catamaran-experienced surveyor with moisture meter testing
- Verify engine hours, service records, and condition of both Yanmar diesels
- Inspect the rotating spar standing rigging and confirm its age
- Check all deck hardware penetrations and the keel-to-hull joints for core moisture
- Confirm solar, lithium bank, and watermaker systems are fully operational
- Verify life raft certification and flare/safety kit dates
- Test all electronics, autopilot, and air conditioning under load
- Clarify whether the owner's three-cabin or charter four-cabin layout suits your use case before searching
Price & volume trends
Monthly asking-price and listing-volume trends for the Leopard 48. 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. |
|---|---|---|---|
| Jan 25 | 3 | $ 449,000 | — |
| Apr 25 | 1 | $ 675,000 | +50.3% |
| May 25 | 2 | $ 370,000 | -45.2% |
| Jun 25 | 3 | $ 550,000 | +48.6% |
| Jul 25 | 3 | $ 550,000 | 0.0% |
| Aug 25 | 1 | $ 350,000 | -36.4% |
| Sep 25 | 13 | $ 512,586 | +46.5% |
| Oct 25 | 1 | $ 469,900 | -8.3% |
| Nov 25 | 5 | $ 478,414 | +1.8% |
| Jan 26 | 16 | $ 585,102 | +22.3% |
| Feb 26 | 7 | $ 299,000 | -48.9% |
| Mar 26 | 3 | $ 599,000 | +100.3% |
| Apr 26 | 40 | $ 499,450 | -16.6% |
| May 26 | 8 | $ 497,500 | -0.4% |
| Jun 26 | 11 | $ 525,000 | +5.5% |
| Jul 26 | 13 | $ 534,229 | +1.8% |
Where they're listed
Leopard 48 listings appear across 17 countries. United States has the most listings with 51 (48.1%), followed by Greece and Saint Lucia.
Country view
106 listings · 17 countries| Country | Median ask | Listings · 12 mo | Active · 90 d | Share |
|---|---|---|---|---|
| United States | $ 497,000 | 51 | 18 | 48.1% |
| Greece | $ 534,229 | 14 | 7 | 13.2% |
| Saint Lucia | $ 499,999 | 9 | 0 | 8.5% |
| Australia | $ 602,360 | 5 | 2 | 4.7% |
| British Virgin Islands | $ 350,000 | 5 | 2 | 4.7% |
| New Zealand | $ 555,024 | 4 | 0 | 3.8% |
| Bahamas | $ 599,000 | 3 | 0 | 2.8% |
| Colombia | $ 395,000 | 3 | 1 | 2.8% |
| Malaysia | $ 495,000 | 3 | 1 | 2.8% |
| Grenada | $ 675,000 | 2 | 0 | 1.9% |
| Bosnia and Herzegovina | $ 495,000 | 1 | 1 | 0.9% |
| countries.British | $ 525,000 | 1 | 1 | 0.9% |
Comparable models
Similar length, displacement, and era. Open a row to compare that model's market page.
Similar boats to compare
10 similar designs| Model | LOA | Median ask | Listings · 12 mo | Active · 90 d |
|---|---|---|---|---|
| LAGOON 450 | 45.8' | $ 475,000 | 759 | 202 |
| Robertson and Caine 50 | 50.52' | $ 659,000 | 252 | 98 |
| Beneteau Oceanis Oceanis 48 | 47.92' | $ 243,000 | 187 | 55 |
| Bali Catamarans 4.8 | 48.75' | $ 911,264 | 128 | 51 |
| Leopard Catamarans 48You are here | — | $ 499,450 | 120 | 41 |
| Lagoon 38 | 43.04' | $ 516,872 | 30 | 12 |
| Swan 48 | 48.49' | $ 563,845 | 20 | 6 |
| Robertson 47 | 46.83' | $ 290,000 | 19 | 6 |
| Nautitech 48 Open | 48.13' | $ 1,161,839 | 15 | 4 |
| Dufour Catamaran 48 | 46.59' | $ 672,058 | 9 | 1 |
