1988 Cheoy Lee 92 Boat in Bainbridge Island, WA 98110 US

$795,000

Used
builtBuilt in 1988
Year the boat was built
model

92

Boat model
engine

2 Engines (2x Detroit Disel)

Engine type and count
length

92 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Length Overall
92ft
Beam
21.5ft
Max Draft
6.17ft
Cabins
4
Fresh Water Tanks
1200gal
Fuel Tanks
2980gal
Holding Tanks
350gal
Hull Material
fiberglass
Engine 1
Engine Make
Detroit Disel
Engine Model
12V-71 TI
Total Power
800hp
Engine Hours
3675
Engine Type
inboard
Fuel Type
diesel
Engine Year
1988
Drive Type
direct
Engine 2
Engine Make
Detroit Disel
Engine Model
12V-71 TI
Total Power
800hp
Engine Hours
4949
Engine Type
inboard
Fuel Type
diesel
Engine Year
1988
Drive Type
direct
Summary
Professionally maintained with a captain and engineer. She is a "must see" yacht. Same highly knowledgeable owners for past 20 years.
Generators
Generator 1
Make
Northern Lights
Model
OM944W3
KW
30
RPM
0
Hours
7461
Date Hours Recorded
12/17/2025
Detail
Northern Lights, OM944W3, 30 KW, 7461 hours
Generator 2
Make
Northern Lights
Model
m844
KW
20
RPM
0
Hours
2217
Date Hours Recorded
12/17/2025
Detail
Northern Lights, m844, 20 KW, 2217 hours

Price History

DateEventPrice
12/17/25Initial price$795,000

Videos from the Broker on this 1988 Cheoy Lee 92

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Overview from around the web 1988 Cheoy Lee 92

Customers consistently praise the 1988 Cheoy Lee 92 for its classic craftsmanship and timeless design

Many highlight the spacious and well-appointed interior, which offers ample comfort for extended voyages. The yacht's solid construction and reliable performance receive frequent commendations, with owners appreciating its stability and smooth handling in various sea conditions. Additionally, the elegant teak finishes and traditional layout are often noted as standout features that contribute to the vessel's enduring appeal. Overall, owners value the Cheoy Lee 92 for blending classic styling with dependable functionality.

The Biggest Pros and Cons

The 1988 Cheoy Lee 92 is a classic luxury yacht known for its solid craftsmanship and timeless design. Here are some pros and cons to consider:

Pros

Sturdy Construction: Built with high-quality materials and expert craftsmanship, ensuring durability and seaworthiness.

Spacious Layout: Offers ample deck and interior space, making it ideal for comfortable long-range cruising and entertaining guests.

Classic Aesthetic: Features elegant, traditional styling that appeals to enthusiasts of vintage yachts.

Reliable Performance: Equipped with robust engines suitable for extended voyages.

Customization Potential: Generous interior volume allows for various layout modifications and upgrades.

Cons

Age-Related Wear: Being a vessel from 1988, it may require significant maintenance and updates to modern standards.

Fuel Efficiency: Older engine technology might lead to higher fuel consumption compared to newer models.

Outdated Systems: Electrical, navigation, and onboard amenities may need upgrading to current technologies.

Limited Availability of Parts: Some original components might be harder to source due to the boat’s age.

Handling: Larger size and traditional hull design may result in less maneuverability compared to modern yachts.

Made For

The 1988 Cheoy Lee 92 is designed for discerning yacht enthusiasts who seek a classic blend of timeless elegance and robust craftsmanship. Ideal for experienced sailors and luxury travelers, this vessel caters to those who appreciate spacious accommodations, reliable performance, and the prestige of a well-established shipyard. Whether for extended cruising or sophisticated entertaining, the Cheoy Lee 92 is perfect for individuals or families looking to enjoy the open seas in comfort and style.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1988 Cheoy Lee 92. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Motor Yacht cost in today's market, or how much does a Cheoy Lee cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 675,750
Total Payment$1,208,215.90
Monthly payment
$5,034.23/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1988 Cheoy Lee 92. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Motor Yacht cost in today's market, or how much does a Cheoy Lee cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 675,750
Total Payment$1,208,215.90
Monthly payment
$5,034.23/mo

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