2003 Beneteau First 40.7 Boat in Solomons, MD 20688 US
Built in 2003
First 40.7
1 Engine (Volvo)
39.3 feet
--
Fiberglass/Reinforced
Lanikat
2003 Beneteau 40.7
Solomons MD
The most successful 40 footer of its time, this best-seller is equally at home racing at high-level or out on family cruise. The Beneteau First 40.7, designed by Bruce Farr and introduced in 1999, is a highly successful 39-foot racer/cruiser known for its competitive performance, versatility, and comfortable interior. With over 800 built, it features a fast hull, large steering wheel, and a functional cabin designed for both serious racing and weekend cruising.
Accommodations
Key Features and Performance
Design: Designed by Farr Yacht Design, the 40.7 was built for both IRC and IMS racing, often achieving remarkable success, including winning the 2003 Sydney-Hobart race.
Performance: It features a high sail area/displacement ratio (21.01), making it fast in light to medium airs.
Handling: The boat has a fin keel and a single spade rudder, offering good pointing ability and a balanced helm.
Deck Layout: It has a versatile cockpit with removable locker seats for racing and a large wheel.
Interior and Comfort
Layout: A standard 3-cabin layout features a V-berth forward, a saloon with settee berths, an L-shaped galley, and a generous aft cabin layout. Lanikai has 4 cabins with 2 double aft cabins having the ability to sleep 8
Comfort: Designed to be a comfortable cruiser, it includes hot water, a full galley, and a 30 HP Volvo diesel engine. With plenty of portlights, overhead hatchs, light fabrics and counters
Her faux teak sole is easy to maintain and clean. This is an interior that both a family or a large crew would enjoy being aboard.
Popularity: Known as a great value, the 40.7 remains popular as an affordable, competitive, and "do-anything" sailboat.
Galley
Nice L-shaped galley to port of the companionway. For a Racer/cruiser she is nicely equipped with storage outboard and under the counters and plenty of counter space for food prep.
Double stainless steel sinks with pressure water
Sink cutting board top/cover
Deep under counter Frigoboat refrigeration
ENO Propane 2 burner stove with oven
Corian counter tops
Sails and rigging
Aluminum spar stepped on the keel
Wire stainless steel standing rigging
Fractional Sloop
Traveler in front of the helm
Hard vang
8 Cam cleats on cabin top
All lines led aft to the cockpit
Lanikai Sail Inventory and condition -
UK #1 Heavy - very good
UK Helsey #1 Heavy - good
North Sails #1 - good
Brand Unknown #1 - ok
UK #2 - very good
UK #3 - very good
Cowes Isle of Wight #4 - good
Northsails 2.2oz storm spinnaker - good
UK 0.7 spinnaker - good
Northsails Norlite 60 spinnaker - good
Mainsail - very good
Winches;
Lewmar #50 Self-tailing primary winches
Lewmar #40 self-tailing secondary winches
Electronics
Raymarine Radar dome with Pathfinder RL70 display
Raymarine Multiview on mast - Wind, Depth, Heading
Raymarine RC530 chartplotter
Raymarine Tridata ST60 - depth, speed, temp
Raymarine Autopilot
Raymarine wind speed and direction
Pedestal compass
Icom VHF IC-M402
VDO Stereo
Pioneer speakers
Deck Equipment
Stainless steel bow and aft quarter stern pulpits
Gates port and starboard and at the transom
Stanchions with double stainless steel wire life lines
Very large destroyer helm wheel
Teak inlay on the cockpit seats
Sugar scoop transom with teak inlay
Stainless steel handrails
Teak toe rail
Reaching strut
Dock lines
Mechanical and electrical
Volvo Penta diesel inboard engine
House and engine batteries
Navigation lights
Mooring light
Steaming light
Deck light
Cabin lights
Instrument light
12V dc outlet
Water pump
bilge pump
Refrigeration
Battery monitor
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.
Price History
| Date | Event | Price |
|---|---|---|
| 10/5/26 | Initial price | $94,000 |
2003 Beneteau First 40.7 Video Tours
Overview from around the web 2003 Beneteau First 40.7
The 2003 Beneteau First 40
7 has garnered positive feedback from customers, who often highlight its impressive blend of performance and comfort. Sailors appreciate its solid construction and design, which make it a reliable choice for both cruising and racing. Users frequently comment on the boat's swift and responsive handling, enabling thrilling experiences on the water. The interior layout is praised for its spaciousness and functionality, allowing for easy living while at sea. Owners note the well-designed galley and comfortable salon, which provide a welcoming atmosphere during extended trips. Additionally, the boat's ample storage and thoughtful amenities contribute to an enjoyable cruising experience. Customers also mention the 40.7’s excellent stability and sea-keeping abilities, making it a preferred option for those looking to navigate various weather conditions confidently. Overall, the 2003 Beneteau First 40.7 is recognized as a versatile sailboat that meets the needs of performance-oriented sailors while still offering the comfort and features desired for leisurely cruising.
The Biggest Pros and Cons
The Beneteau First 40.7, launched in 2003, is a highly regarded performance cruiser known for its blend of speed, comfort, and durability. Here’s a breakdown of the pros and cons:
Pros
Performance: The First 40.7 is designed with a focus on performance sailing. Its elegant hull shape and sail plan allow for excellent speed and maneuverability, making it a favorite among racing enthusiasts.
Build Quality: Beneteau has a strong reputation for constructing durable and well-built vessels. The materials used in the First 40.7 ensure longevity and resilience against the elements.
Spacious Interior: The interior layout offers ample space for extended cruising. With comfortable sleeping quarters and a well-designed galley, it’s suitable for families or groups.
Versatile Rigging: The boat is equipped with a fractional rig that allows sailors to optimize sail configurations for various wind conditions, enhancing its performance across diverse sailing scenarios.
Good Resale Value: The First 40.7 is a popular choice in the second-hand market, maintaining a solid resale value due to its reputation and demand.
Ease of Handling: The design includes features that enhance single-handed sailing, such as well-placed winches and organized deck layout, making it user-friendly for sailors of all experience levels.
Cons
Draft Limitations: With a deeper draft compared to some cruisers, the First 40.7 may not be ideal for shallow waters or certain harbors, limiting its accessibility in some areas.
Performance Focus: While it excels in performance, purists may find that some comfort features are sacrificed in favor of speed, making it less suitable for casual cruising.
Older Models: As a 2003 model, some boats may require updates or maintenance to ensure optimal performance and safety features, which could come at an additional cost to buyers.
Limited Storage: While the interior is spacious, some owners report that storage spaces can feel limited for gear during longer voyages, requiring thoughtful organization.
Cost of Upgrades: If buyers are looking at a used model, they might face costs related to upgrading sails or electronics to meet modern standards, impacting the overall budget.
Made For
The 2003 Beneteau First 40.7 is designed for sailing enthusiasts who appreciate a blend of performance, comfort, and style. This versatile cruiser-racer is ideal for both seasoned sailors and those looking to embark on new adventures. Here are a few target audiences for the Beneteau First 40.7: 1. Leisure Cruisers: Perfect for couples or families seeking a spacious and comfortable yacht for weekend getaways or extended voyages. 2. Racers: With its competitive design and proven performance, it's a great choice for sailors looking to participate in regattas or club races. 3. Sailing Schools or Charters: The stability and ease of handling make the First 40.7 an excellent vessel for training new sailors or offering charter experiences. 4. Adventure Seekers: Those who enjoy exploring new territories and appreciate the balance of performance and livability. 5. Enthusiasts of Classic Design: The timeless aesthetics of the First 40.7 appeals to sailors who value traditional styling combined with modern performance features. With its robust construction, spacious interior, and responsive handling, the Beneteau First 40.7 caters to a diverse range of sailing preferences, making it a fantastic choice for anyone looking to enjoy the water in style.
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 2003 Beneteau First 40.7 | ||||||
|---|---|---|---|---|---|---|
| Price | $94,000 | $95,000 | $98,000 | $89,000 | $99,900 | $79,950 |
| Location | Solomons | Deale | Rock Hall | Rock Hall | Solomons | Tracys Landing |
| Nominal Length | 39' | 39' | 39' | 34' | 40' | 41' |
| Beam | 12' | - | - | - | - | - |
| Draft | 8' | - | - | - | - | - |
| Engine Make | Volvo | Yanmar | Westerbeke | Yanmar | Volvo Penta | Westerbeke |
| Total Engine Power | - | - | 40 hp | - | 30 hp | 40 hp |
| Days on Market | 1 | 35 | 102 | 24 | 159 | 139 |
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