The Shannon 38 holds a legendary position in American boatbuilding as the vessel that launched Shannon Yachts in 1975. Designed by Walter Schulz in collaboration with George Stadel III and George H. Stadel Jr., the 38 was conceived as a no-compromise offshore cruiser at a time when the industry was shifting toward lighter, production-line designs. Built in Bristol, Rhode Island, the Shannon 38 established the "Shannon look"—a traditional aesthetic characterized by a graceful sheer line, substantial teak brightwork, and a robust full-keel configuration. While production of the original 38 eventually gave way to the Shannon 37 in the late 1980s, the 38 remains the definitive blue-water benchmark for the brand, with Hull #1 still actively cruising the globe today as documented by Shannon Yachts.
Shannon 38 Sailboats for Sale & Market Overview
- Make
- Shannon
- Model
- 38
- Builder
- Shannon Yachts
- Designer
- G, H. Stadel & Son/Schultz & Assoc.
- Number Built
- 100
- Production Year(s)
- 1975 - 1988
Below are the most recent Shannon 38 sailboat listings (up to 10).
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| Source | Year | Make | Model | Price | Cabins | Heads | City | Country | Listing Date | |
|---|---|---|---|---|---|---|---|---|---|---|
DISCLAIMER: We are not affiliated with any external listing websites in any way. We simply aggregate publicly available listings to make it easier for buyers to find sailboats for sale. We cannot guarantee the accuracy of the listings, so please verify all information with the seller before making any decisions.
Market Overview
Price & Volume Trends
Monthly breakdown
| Month | Listings | Median Asking Price (USD) |
|---|---|---|
| Mar 2025 | 1 | $64,950 |
| May 2025 | 2 | $39,000 |
| Aug 2025 | 2 | $72,500 |
| Sep 2025 | 3 | $92,500 |
| Jan 2026 | 3 | $87,500 |
| Feb 2026 | 1 | $49,900 |
| Mar 2026 | 1 | $45,000 |
| Apr 2026 | 1 | $45,000 |
Median Price by Country
Listings by Country
| Model | LOA | Median Price (USD) | Listings | Recent |
|---|---|---|---|---|
| Island Packet 38 | 38' | $99,000 | 28 | 11 |
| Shannon 50 | 50.92' | $209,000 | 14 | 2 |
| Shannon 38 | $64,950 | 13 | 4 | |
| Cabo Rico 38 | 38' | $89,000 | 13 | 4 |
| Downeast 38 | 38' | $42,500 | 11 | 4 |
| Shannon 43 | 43.83' | $189,000 | 10 | 2 |
| Shannon 28 | 28' | $50,500 | 8 | 2 |
| Camper & Nicholsons Nicholson 38 | $41,503 | 8 | 2 | |
| Downeast 38 Cutter | 38' | $39,250 | 8 | 3 |
| Downeaster 38 | 38' | $47,450 | 4 | 3 |
| Moody 38 | 37.5' | $96,602 | 3 | 0 |
| Country | Median Price (USD) | Listings (past 12 months) | Recent (90d) |
|---|---|---|---|
| United States | $59,000 | 11 | 3 |
| Mexico | $87,500 | 2 | 1 |
Frequently Asked Questions
- How much does a used Shannon 38 cost?
- The median asking price for a used Shannon 38 over the past 12 months is $64,950. Prices vary by condition, year, equipment, and location.
- How many Shannon 38 sailboats are for sale?
- We have tracked 13 Shannon 38 listings over the past 12 months, with 4 listed within the last 90 days.
- Are Shannon 38 prices going up or down?
- The median asking price for the Shannon 38 has decreased by 26.94% over the last 3 months compared to the 12-month average.
- Where is the cheapest place to buy a Shannon 38?
- United States currently has the lowest median asking price at $59,000, while Mexico is the most expensive at $87,500 — a 48% difference.
- What are similar sailboats to the Shannon 38?
- Comparable models include the Island Packet 38, Shannon 50, Cabo Rico 38. See the comparison table above for pricing and availability.