Morgan 38 Sailboats for Sale & Market Overview

Morgan 38 Drawing
Make
Morgan
Model
38
Builder
Morgan Yachts
Designer
Charles Morgan
Number Built
75
Production Year(s)
1969 - 1971

The Morgan 38, particularly the series designed by Ted Brewer in the late 1970s and 1980s, represents a significant departure from the earlier Charley Morgan-designed racer-cruisers and the later "charter-special" Out Island series. Often referred to as the Morgan 38-2, 38-3, and 38-4 to distinguish them from the 1960s original, this line was conceived as a rugged, high-quality offshore cruiser capable of handling blue-water passages while maintaining a respectable turn of speed. Unlike the flat-bottomed, high-volume hulls that would later dominate the production market, the Brewer-designed 38s feature a traditional underwater profile with a heavy displacement of approximately 17,200 to 18,000 pounds and a deep-sump keel. These boats were built during the "Golden Age" of over-engineered fiberglass, resulting in a hull that remains a favorite for solo circumnavigators and coastal cruisers alike.

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Market Overview

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Median Asking Price (past 12 months)
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Listings Tracked (past 12 months)
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New Listings (90 days)
Comparable Models to Morgan 38
ModelLOAMedian Price (USD)ListingsRecent
Island Packet 3838' $99,0002811
Hallberg-Rassy 3837.96' $92,479229
Morgan 383/38438.33' $39,000186
Morgan 38238.33' $38,950129
Morgan 3434' $40,000111
Caliber 3838' $84,500117
Catalina Morgan 3838.42' $81,950101
Morgan Yachts Morgan 4444' $89,00063
Moody 3837.5' $96,60230
Morgan 3231.92' $23,00010

Frequently Asked Questions

What are similar sailboats to the Morgan 38?
Comparable models include the Island Packet 38, Hallberg-Rassy 38, Morgan 383/384. See the comparison table above for pricing and availability.