Nicholson 38 Sailboats for Sale

John Alden & Assoc.·1966 – 1975·~134 hulls·Camper & Nicholson Ltd.
Nicholson 38 drawingBuilder drawing
Hull Type
Monohull · long
Rig
Ketch
LOA
37.83' · 11.53 m
Disp.
15,904 lbs · 7,214 kg
First year
1966

The Nicholson 38 began life as a motorsailer concept, but that label was quickly left behind when the design won the Yachting World One of a Kind Rally for motor‑sailers, proving the fastest under sail and sail‑and‑power combined. What emerged was a heavy‑displacement, long‑keel centre‑cockpit ketch that prioritises seakeeping and structural integrity, and it has remained a familiar sight in anchorages where cruising is measured in ocean miles rather than marina hops.

Market snapshot

Median asking · 12 mo
$ 32,708
Asking price · 14 listings
Recent listings · 90 d
7
14 tracked · 12 mo
3-month price trend
+22.2%
vs. 12-mo median
Countries with listings
6
United Kingdom (46.2%) · New Zealand (23.1%) · Canada (7.7%)

Recent Listings

11 for sale · showing 10 newest

Nicholson 38 Buyer's Guide

The Nicholson 38 occupies a distinctive niche on the brokerage market: a heavy-displacement, long-keel centre-cockpit ketch built for serious cruising rather than marina appeal. Produced by Camper & Nicholsons with hulls by Halmatic, these yachts have been crossing oceans for decades, and the used market reflects that heritage. Buyers today will find a selection of well-travelled examples, many of which have been continuously upgraded, alongside more original boats waiting for a new custodian. The model rewards those who value seakindliness, structural integrity and a protected wheelhouse over light-air performance or marina agility.

Layouts on the Used Market

Three-cabin owner layouts are the more common configuration on the brokerage scene, with a forward cabin, a compact saloon, and a separate aft cabin accessed from the cockpit. Two-cabin versions also appear, though less commonly. Ex-charter examples are also common on the market. The centre cockpit and semi-enclosed wheelhouse remain constant across all examples, providing a sheltered working and living space that sets the Nicholson 38 apart.

Equipment and Common Upgrades

Reflecting their bluewater usage, most boats on the used market are commonly fitted with heating, radar, a chartplotter and an autopilot. Solar panels and watermakers are also frequently installed, often as part of a self-sufficiency package. Teak decks are a common feature, though their condition varies widely and warrants close inspection. A life raft, hot water system and cockpit shower are often seen, and many boats carry a short-handed setup with lines led aft and easy sail handling. Owner upgrades sometimes add a wind generator, bimini, dodger or dinghy davits. Circumnavigations turn up fairly often among these boats, and transatlantic crossings are also sometimes recorded, both speaking to the design's long-distance capability and the confidence owners place in it.

What to Inspect

Any Nicholson 38 of this age demands a thorough survey, with particular attention to a handful of known areas. Chainplates and their supporting knees are a high-priority item; crevice corrosion and cracked fasteners have been discovered behind interior mouldings, so access for inspection is essential chainplate inspection a high‑priority survey item. The aluminium-framed portlights are prone to corrosion and persistent leaks, though refurbishment or replacement is straightforward aluminium frames often corrode; leaks are common. The rudder stock and internal blade structure should be checked for age-related deterioration, as some owners have reported issues there age‑related issues with the rudder stock and internal structure. Keel bolts and the surrounding hull structure need verification for weeping or movement. Many boats still carry their original Perkins 4.107 or 4.108 engines; a careful mechanical assessment is vital. Standing rigging should be replaced if its age is unknown, and the electrical system often requires significant tidying or rewiring. Interior cosmetics such as headlinings, varnish and mouldings are likely to need attention, but these are cosmetic rather than structural.

Availability and Buyer's Takeaway

The Nicholson 38 turns up across the United Kingdom, Spain, Greece and Croatia, with further examples found in New Zealand and Canada, reflecting the boat's global cruising footprint. A realistic buyer should approach the search with a clear-eyed view of the refit work likely needed on a yacht of this vintage, but the reward is a genuinely capable, comfortable offshore cruiser that looks after its crew when conditions deteriorate.

  • Prioritise a survey that includes invasive chainplate and rudder inspection.
  • Budget for window refurbishment and a rigging replacement if not recently documented.
  • Expect to invest in engine, electrical and plumbing updates on all but the most diligently maintained examples.
  • Look for a boat with a well-documented cruising history and recent upgrades rather than a cosmetically tidy but unproven vessel.
  • Factor the wheelhouse and ketch rig into your sailing style: they excel in heavy weather and short-handed passagemaking, not light-air club racing.

Where they're listed

Nicholson 38 listings appear across 6 countries. United Kingdom has the most listings with 6 (46.2%), followed by New Zealand and Canada.

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

Country view

13 listings · 6 countries
CountryMedian askListings · 12 moActive · 90 dShare
United Kingdom$ 30,7026446.2%
New Zealand$ 78,6243223.1%
Canada$ 28,199107.7%
Spain$ 27,701107.7%
Greece$ 20,025107.7%
Croatia$ 45,420107.7%

Comparable models

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

Similar boats to compare

7 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Siltala 3837.5'$ 102,4505317
Nicholson 38You are here$ 32,708147
Nicholson Nicholson 3535.25'$ 37,380133
Shannon 3837.75'$ 64,950130
Laurent Giles 3838.83'$ 50,285123
Ohlson 3837.06'$ 52,458128
Endurance 3837'$ 85,37551

Frequently asked questions

01How much does a used Nicholson 38 cost?+
The median asking price for a used Nicholson 38 over the past 12 months is $32,708. Prices vary by condition, year, equipment, and location.
02How many Nicholson 38 sailboats are for sale?+
7 Nicholson 38 listings have gone live in the last 90 days, and 14 have been tracked across the past 12 months.
03Are Nicholson 38 prices going up or down?+
The median asking price for the Nicholson 38 is up 22.2% over the last 3 months compared with the 12-month median.
04Where are Nicholson 38 sailboats for sale?+
The top markets for used Nicholson 38 listings over the past 12 months are United Kingdom (46.2%), New Zealand (23.1%), Canada (7.7%).
05What should I look at instead of a Nicholson 38?+
Comparable models include Siltala 38, Nicholson Nicholson 35, Shannon 38. Use the comparison table above to check pricing and availability.