Swan 48 -S&S Sailboats for Sale

Sparkman & Stephens·1971 – 1976·~46 hulls·Nautor
Swan 48 -S&S drawingBuilder drawing
Hull Type
Monohull · fin
Rig
Masthead Sloop
LOA
47.9' · 14.6 m
Disp.
36,000 lbs · 16,329 kg
First year
1971

Few oceangoing yachts carry the bloodline of the Swan 48 — a Sparkman & Stephens design built by Nautor in Finland between 1971 and 1975, with just 46 hulls completed. Olin Stephens himself reportedly regarded it as a personal favorite among his firm's output, and the boats that emerged from that small production run have since become touchstones for what a serious bluewater cruiserracer can be. The S&S Swan 48 was conceived to rate under the International Offshore Rule while simultaneously offering genuine offshore cruising comfort, and the tension between those two mandates produced something rarer than either goal achieved alone: a yacht that excels across decades rather than racing seasons.

Market snapshot

Median asking · 12 mo
Asking price
Recent listings · 90 d
Listed for sale
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Global market

Recent Listings

17 for sale · showing 10 newest

Swan 48 -S&S Buyer's Guide

The Swan 48 S&S is one of the most storied offshore cruising yachts of the early 1970s, and shopping the used market for one demands a clear-eyed understanding of what you are actually buying: a more than half a century old Finnish-built thoroughbred, designed by Sparkman & Stephens at the peak of their IOR-era craft, that was built to a standard few production yards of that era could match. Only 46 hulls left the Nautor yard between 1971 and 1975, which means supply is genuinely limited and surviving examples are guarded closely by owners who know exactly what they have. Approach this purchase as you would any serious bluewater classic — with patience, a thorough survey, and realistic expectations about the cost of keeping her right.

Layouts on the Used Market

The S&S Swan 48 was built in two recognizable interior configurations, and both appear on the brokerage market with roughly similar frequency. The more common arrangement follows a traditional offshore layout: a V-berth forward, two heads flanking a hanging locker amidships, a full-width saloon with settees and a pilot berth to starboard, a port-side galley aft, a chart table opposite, and a pair of single berths in the aft cabin. A less common variant replaces those aft singles with a double to port and a single to starboard — a layout that reads more like an owner's stateroom and tends to appear on boats that have spent time as bluewater cruising homes rather than racing yachts.

The original joinery is dense, warm teak throughout, and the quality of that woodwork is one of the signatures of a well-kept example. A handful of boats have received substantial interior refits over the decades, ranging from sympathetic refreshes that preserve the original character to more radical modernizations. The refit quality varies enormously; inspect any non-original interior carefully for structural changes behind the joinery, particularly around the chainplate and keel areas.

Equipment and Common Upgrades

Because these boats have been sailing for more than five decades, equipment inventories vary more widely than on any modern production yacht. Original rigs — masthead sloop with aluminum spars — are rarely still in service unmodified. Most examples have had at least one full rig replacement, and it is common to find roller-furling headsails fitted in place of hanked-on sails. Furling systems range from early retrofits that required compromise to the original foretriangle geometry to more thoughtful modern installations.

Sail inventories on well-campaigned boats often include a selection of headsails, a mainsail with slab reefing, and some form of downwind sail — whether a traditional spinnaker, a cruising chute, or an asymmetric. Electronics have been updated on almost every surviving hull; expect to find a modern chartplotter, VHF, and AIS transponder, though the quality and age of that electronics package will tell you a great deal about how recently the boat was actively sailed.

Autopilots are a frequent owner upgrade and are essentially universal at this point, ranging from older below-deck hydraulic units to modern drive systems. Watermakers are commonly fitted on boats with an offshore cruising history. Windlasses are nearly universal, and many boats have been converted to chain-only anchor rodes. Diesel engines have been replaced on the majority of hulls; Volvo Penta units are a common choice for repowers, though other marinized diesels appear as well. Fuel and water tank upgrades, additional battery capacity, and solar or wind generation are typical on boats used for extended cruising.

What to Inspect

The Swan 48 was built with an exceptionally robust hull laminate for its era, and structural delamination in the hull itself is uncommon when the boat has been properly maintained. That said, decades of use create specific inspection priorities that no survey should skip.

The fin keel attachment is the single most important structural focus. IOR-era fin keels rely on internal floors and keel bolts whose condition can be impossible to assess without removal of interior furniture; insist on a surveyor who will probe every accessible bolt and look for weeping rust stains, soft glass work at the keel-to-hull joint, or any sign of movement. The skeg-hung rudder, standard on most hulls, is robust but the skeg itself should be checked for delamination and the rudder bearings inspected for play.

Deck hardware backing plates and core integrity deserve close attention on any boat of this vintage. Teak decks, if original or early-replacement, are likely at or past the end of their useful life; lifting or soft areas over the core beneath are common findings. Chainplate knees — the internal structure that transfers rig loads into the hull — should be examined wherever accessible; any refit that modified the rig geometry may have required new structure, and the quality of that work should be verified by the surveyor.

The original engine installation will have been replaced on the vast majority of hulls, but the engine beds and shaft log deserve scrutiny regardless of the engine age. Seacocks should be through-bolted, properly supported, and operable; bronze seacocks of several decades standing may be dezincified and brittle.

Osmotic blistering is possible in any GRP hull of this era; a moisture survey is standard practice and any blistering found should be mapped and assessed for severity before negotiating the purchase. The accommodation bilge should be dry; any sign of standing water or persistent dampness warrants investigation into its source before closing.

Availability and Buyer's Takeaway

The S&S Swan 48 is most commonly found on the European brokerage market, particularly in the Mediterranean — France, Italy, Spain, and Greece — where many hulls have lived for decades after active offshore racing careers. A meaningful number also appear on the eastern seaboard of North America, particularly in New England, where the Newport-Bermuda Race connection runs deep. The Pacific and Australasian markets see occasional examples, typically boats that completed circumnavigations and changed hands along the way.

Because the total production run was small, buyers should expect to wait. Setting up alerts with multiple brokerages and joining the S&S Swan Owners Association are both practical steps; association members often hear of sales before a boat formally hits the market.

Before making an offer, work through this list:

  • Independent marine survey with explicit keel bolt inspection and moisture readings throughout the hull and deck
  • Rig inspection by a qualified rigger, including mast step, spreader roots, and all standing rigging terminals
  • Engine hours, service history, and impeller/heat-exchanger status
  • Age and condition of all seacocks and through-hulls
  • Deck core integrity — probe any soft spots or hardware with weeping bedding
  • Chainplate and keel-floor condition, including any areas behind non-original joinery
  • Age and ownership of the sail inventory
  • Electronics functionality and age
  • Offshore safety equipment status (EPIRB registration, liferaft service date, flare kit)
  • Membership or transferability of the S&S Swan Owners Association for access to the community of owners and shared knowledge

Comparable models

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

Similar boats to compare

4 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Tayana 4848'$ 330,000286
Swan 4848.49'$ 563,476206
Hans Christian 4847.83'$ 242,18471
Nautor Swan Swan 48-249.51'$ 791,71260

Frequently asked questions

01What should I look at instead of a Swan 48 -S&S?+
Comparable models include Tayana 48, Swan 48, Hans Christian 48. Use the comparison table above to check pricing and availability.