1962 Cheoy Lee Custom Boat in Seattle, WA 98109 US

$299,000

Used
builtBuilt in 1962
Year the boat was built
model

Custom

Boat model
engine

1 Engine (Tanmar)

Engine type and count
length

45 feet

Overall boat length
fuel

Diesel

Fuel type
material

Wooden

Hull material
Nominal Length
45ft
Length Overall
45ft
Beam
12ft
Max Draft
8ft
Drive Up Draft
8ft
Displacement
28000lb
Fresh Water Tanks
60gal
Fuel Tanks
40gal
Hull Material
wood
Hull Shape
monohull
Engine 1
Engine Make
Tanmar
Engine Model
4JH5ME Diesel
Total Power
53hp
Engine Hours
195
Engine Type
inboard
Fuel Type
diesel
Drive Type
direct
Propeller Type
3-blade
Propeller Material
bronze
Interior
  • Force10 “Gourmet II” gimbaled, two-burner LPG stove w/oven, with twin 5-gallon LPG tanks in cockpit propane locker
  • Dometic top-access refrigeration box with freezer compartment
  • Torrid six-gallon hot water heater (galley feed only)
  • 40-gal stainless steel fuel tank – center
  • 40-gal stainless steel water tank (main) – center; 20-gal auxiliary water tank under V- berth (head feed via foot pump)
  • 18-gal holding tank with bluewater overboard option and macerator
  • Brass classic ship’s clock (with key) and barometer in main salon
  • Many custom woodwork features, including
    • Birdseye maple chart table with ebony inlay and custom racks for navigation equipment (calipers, etc.)
    • Vented and solid hatchway doors for main companionway and forward hatch, with ceiling storage racks in V-berth
    • Filing drawer, hidden security compartment and custom storage racks in main cabin
    • Covered storage units in custom-built cabinet behind toilet in head
    • Custom spice rack, knife holder, cup rack and open wine storage in galley
    • Wooden “magazine” racks
    • Custom alarm cabinet (not currently installed)
  • Miscellaneous spare engine belts and oil/fuel filters
  • Misc. bedding, bath towels (“people” and “boat”), hand/dish towels, cloth napkins, etc.
  • Custom textile covers (Irish wool) on main cabin settees and aft cabin mattresses
  • Miscellaneous throw pillows, including Malaysian and kilim covered pillows
  • Miscellaneous plates, bowls, cutlery, pots, pans, plastic glasses, kitchen knives and kitchen accessories
  • Misc. flags and burgees
Electronics
  • B&G ZEUS3S 9 MFD with C-MAP and Navionics charts
  • B&G WS310 Windex and Triton2 Digital Display
  • B&G NAC-3 Autopilot with T3 Hydraulic Ram and Triton2 Controller
  • B&G V-60B VHF/AIS with H60 wireless handset (FCC-registered MMSI)
  • Standard Horizon HX890 handheld VHF with charging cradle
  • Danforth Constellation Express lighted analog compass
  • Chart books and paper charts:
    • MapTech Puget Sound (Edition 2)
    • MapTech San Juan Islands (Edition 3 -- 2 copies)
    • MapTech Seattle and Lake Washington (Number 101 Edition 2)
    • 2024 Waggoner Cruising Guide, Ports and Passes, and Current Atlas
    • GoC Chart 3412 (Victoria Harbour)
    • NOAA Chart 18441 (Puget Sound – Northern Part)
    • NOAA Chart 18449 (Puget Sound – Seattle to Bremerton)
    • NOAA Chart 18446 (Apple Cove Pt. to Keyport)
    • NOAA U.S. Chart No.1
Sails & Rigging
  • North Sails Radian NorDac Fullbatten Main (2010) 
  • North Sails Strong Track mast track
  • North Sails Radian NorDac Furling Genoa (2020)
  • Older storm jib, 
  • Tri-sail
  • 1.5 oz. nylon asymmetric spinnaker
  • North Sails Quick CoverC
  • Custom Schattauer lazy jacks (2024) for mainsail
  • Schaefer 3100 rolling jib furler (2020)
  • Double slab reef setup with dedicated mast reef/outhaul winch
  • Ground tackle: Lighthouse Model 1501 windlass, 60 lb. CQR primary anchor with 250’ chain rode, plus 45 lb. Danforth auxiliary anchor
  • Custom Selden C285 double-spreader mast and B199 boom with all internal rigging; all standing and running rigging new as of 2020
  • Twin mast-mounted Spinlock XCS/3 stainless steel triple rope clutches (2020)
  • Andersen two-speed, self-tailing cockpit and mast winches (2020); original Barient 22 two-speed, self-tailing mainsheet winch
  • 4 classic Barient winch handles with cockpit and mast holsters
  • West Marine Premium (220 lb. max) bosun’s chair
  • Misc. spare halyards and jib sheets in line locker
  • Rigger’s tool bag with miscellaneous tools
Hull & Deck
  • Lighthouse Model 1501 windlass 60 lb. CQR primary anchor with 250’ chain rode
  • 45 lb. Danforth auxiliary anchor
  • West Marine Premium (220 lb. max) bosun’s chair
  • 10’ West Marine inflatable dinghy with Lehr 5Hp LPG outboard with transom lock, carrying strap, and wheeled dolly
  • Magma rail-mounted LPG BBQ with tank hose and regulator connection
  • Full set of custom Schattauer house/cockpit, cap rail, pedestal, forward hatch, skylight and windlass covers
  • Custom Schattauer cockpit sun/rain shade
  • Custom cockpit cushions with leashes
  • Shop vac with attachments
  • 1 large and 2 small carpets (used to protect deck during boat shows)
  • Wash bucket, 2 collapsible hoses, spray nozzle, extensible boat brush and misc. cleaning brushes and sponges
  • Wheeled, collapsible travel caddy with extension handle
  • Short, medium and long 3/4” white “Home” dock lines/springs
  • Short, medium and long 3/4” black “Away” dock lines/springs
  • 3 - 3/4” x 50’ lock lines
  • 6 Polyform G-6 fenders (11" x 30") and 2 Polyform G-5 fenders (8 13/16" x 26 13/16")
  • 2 x 50’ and 1 x 12.5’ shore power cables
  • Extensible boat hook
  • Taylor-Made heavy plastic dock step
  • Miscellaneous spare engine belts and oil/fuel filters
  •  
  •  
Safety/Emergence
  • MOB gear: Rail-mounted Lifesling III with 3:1 block & tackle, Switlik MOM8-S deployable module (serviced 9/24), and Jim Bouy horseshow throwable
  • Signal gear: USCG-registered EPIRB, Orion offshore flare kit (aerial and handheld), Orion handheld electronic signal, West Marine waterproof handheld spotlight
  • Safety Gear:
    • Fire Extinguishers: 2.5# ABC units in V-berth and galley, 6# ABC unit in port cockpit lazarette, and 5# Halotron unit in galley (above engine compartment)
    • Smoke and CO detectors in galley and between head and fwd hanging locker
    • Orion Offshore Medical Kit
  • Bilge pumps: Automatic (float-driven) with manual backup (Whale Gusher 90) in bilge plus separate 12V emergency pump
History of Isobar

The story of Isobar spans over six decades, multiple oceans, and just four dedicated owners. Built in 1962 at the Cheoy Lee Shipyard in Hong Kong, this 45’ full-keel sloop was designed by Les and Don Harlander, who raced her in the 1963 and 1965 TransPac races. She was later sold to Richard Steinke, who lived aboard her for 32 years, sailing across the Atlantic multiple times, cruising through the Mediterranean, Baltic, and Southeast Asia, and encountering everything from Russian gunboats to cigarette smugglers. Richard’s adventurous spirit led Isobar through a rich history of global exploration until his passing in 2003, when ownership transferred to the current owners, his daughter and husband.

Over the years, Isobar endured major refits and renovations, particularly after a hurricane-induced dismasting, a devastating tsunami in Malaysia, and the inevitable wear of time. After being returned to the US in 2006, she underwent an extensive three-year restoration, followed by further structural upgrades in 2020 and 2024. With a new mast, rigging, deck repairs, and navigation upgrades, she remains seaworthy and ready for new adventures. Despite the challenges, Isobar’s legacy continues, embodying resilience, craftsmanship, and the enduring love of sailing.

Disclaimer

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

DateEventPrice
5/28/26Initial price$299,000

Contact Signature Yachts, Inc

Signature Yachts, Inc., 2476 Westlake Avenue North, Suite 101, Seattle, WA, 98109

Overview from around the web 1962 Cheoy Lee Custom

The 1962 Cheoy Lee Custom has garnered a reputation for its classic design and robust craftsmanship among boating enthusiasts

Here’s what customers are saying: 1. Classic Elegance: Many owners appreciate the timeless aesthetic of the Cheoy Lee Custom, noting its graceful lines and classic features that stand out in any marina. 2. Solid Construction: Feedback often highlights the boat's sturdy build quality, with many praising the attention to detail in the craftsmanship. Owners feel confident in the durability and longevity of the vessel. 3. Spacious Interior: Customers frequently comment on the spaciousness and thoughtful layout of the interior. The accommodations are designed for comfort, making it ideal for extended cruising or leisurely weekends. 4. Smooth Performance: Reviewers consistently mention the smooth sailing experience, crediting the design and hull shape for excellent handling and stability on the water. 5. Customization Options: Owners enjoy the customizable aspects of the Cheoy Lee, allowing them to tailor certain features to meet their personal preferences and cruising needs. 6. Community and Heritage: Many boater enthusiasts appreciate the strong community surrounding Cheoy Lee owners, celebrating the shared passion for these classic vessels and the rich maritime heritage they represent. Overall, the 1962 Cheoy Lee Custom is celebrated for its blend of aesthetic appeal, sturdy performance, and comfort, making it a cherished choice for both seasoned sailors and those new to boating.

The Biggest Pros and Cons

Cheoy Lee Custom 1962: Pros and Cons

Pros

Classic Craftsmanship: The Cheoy Lee Custom 1962 is known for its exceptional build quality and detailed craftsmanship, embodying the traditional values of boat construction with sturdy materials and meticulous attention to detail.

Timeless Design: With its classic lines and elegant silhouette, this vessel boasts a timeless aesthetic that appeals to both traditionalists and modern boaters alike.

Spacious Interior: The interior layout typically features generous living spaces, including well-appointed cabins and a comfortable saloon, providing ample room for relaxation and socializing on board.

Seaworthiness: Designed with performance and stability in mind, the Cheoy Lee Custom is often recognized for its excellent sea handling capabilities, making it suitable for both coastal cruising and longer passages.

Customizability: As a custom-built vessel, many Cheoy Lee boats can be tailored to fit specific preferences, including layout modifications and personal touches in finishes and fixtures.

Strong Legacy: Cheoy Lee has a long history of building durable and reliable vessels, which grants owners a sense of confidence and pride in their boat’s heritage.

Cons

Age-Related Concerns: Being a vessel from 1962, potential buyers should be aware of age-related issues that may arise, such as wear and tear on fittings, systems, and the hull, necessitating careful inspection.

Maintenance Needs: Older boats often require more frequent maintenance and upgrades, which can be time-consuming and costly if the boat hasn’t been well maintained over the years.

Limited Modern Amenities: While some Cheoy Lee models may incorporate contemporary upgrades, others might lack modern conveniences or advanced technology typically found in newer vessels.

Resale Value: The resale market for classic boats can be unpredictable, depending on the buyer's interest in vintage craftsmanship versus newer designs, which might affect long-term value retention.

Operating Costs: Depending on the size and configuration, operational costs such as insurance, docking fees, and maintenance can be higher for older, custom craft.

Specialized Knowledge for Repairs: Finding parts or skilled labor for specific repairs on vintage vessels may present challenges, as some components may no longer be commonly available.

Made For

The 1962 Cheoy Lee Custom is an exceptional choice for discerning boat enthusiasts and those with a taste for elegance and craftsmanship in the world of yachting. This classic vessel appeals to a variety of individuals, including: 1. Luxury Sailors: Individuals who value timeless design and want a unique sailing experience on a yacht that embodies classic elegance. 2. Collectors and Enthusiasts: Boaters interested in historical vessels with rich heritage will appreciate the craftsmanship and design intricacies of the Cheoy Lee brand. 3. Families and Social Travelers: With its spacious layout, the Cheoy Lee Custom is perfect for families or groups looking to create unforgettable memories on the water, whether for leisurely day sails or extended voyages. 4. Adventure Seekers: Those looking for a robust and seaworthy vessel for exploring coastal waters or venturing further afield will find the Cheoy Lee Custom designed to meet their needs. 5. Restoration Project Enthusiasts: For those who love a challenge, this classic boat offers the opportunity to restore and personalize a piece of maritime history, making it a rewarding project. Overall, the 1962 Cheoy Lee Custom is ideal for anyone looking for a blend of history, quality, and performance on the water. Whether you’re an experienced sailor or a newcomer eager to explore, this yacht delivers a unique and timeless experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1962 Cheoy Lee Custom. 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 Sloop 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$ 254,150
Total Payment$454,410.76
Monthly payment
$1,893.38/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1962 Cheoy Lee Custom. 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 Sloop 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$ 254,150
Total Payment$454,410.76
Monthly payment
$1,893.38/mo

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Price
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Nominal Length
Beam
Draft
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

Signature Yachts, Inc.
2476 Westlake Avenue North, Suite 101
Seattle, WA 98109

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