1981 Cheoy Lee Golden Wave

$75,000

Used

Boat in Oxnard, CA 93035 US

builtBuilt in 1981
Year the boat was built
model

Golden Wave

Boat model
engine

1 Engine (Perkins)

Engine type and count
length

48 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
48ft
Length Overall
48ft
Length at Waterline
40.75ft
Beam
15.83ft
Max Draft
6.5ft
Displacement
33000lb
Ballast
14000lb
Fresh Water Tanks
210gal
Fuel Tanks
80gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
monohull
Engine 1
Engine Make
Perkins
Engine Model
4-236
Total Power
80hp
Engine Hours
1720
Engine Type
inboard
Fuel Type
diesel
Engine Year
1981
Drive Type
v
Electric Bilge Pump
Oven
Manual Bilge Pump
Hot Water
Refrigerator
Battery Charger
Depthsounder
Radar
Log Speedometer
Wind Speed And Direction
Navigation Center
Plotter
Autopilot
Radio
Compass
Gps
Vhf
Shore Power Inlet
Steering Wheel
Furling Genoa
Brokers Notes

The Golden Wave 48 was crafted for offshore cruising, solid fiberglass hull, Skeg hung rudder, fin keel config. She offers a balance between performance and comfort while at sea. Its moderate displacement of nearly 33,000 lbs and substantial sail area (approx 1,240') contribute to commendable sailing capabilities, while the skeg-hung rudder enhances directional stability. The fiberglass construction ensures durability, and the spacious beam provides ample interior volume for extended voyages.


Cheoy Lee’s reputation for solid fiberglass hulls is evident in the Golden Wave 48. While some earlier models from the shipyard faced criticism for hardware quality, the Golden Wave series and her designer, Britton Chance, a navy architect, American designer know for boats with good performance and sea worthiness. The Golden Wave incorporated higher-quality fittings and materials, often sourced from reputable English, American, or French manufacturers. When you step aboard, you can immediately tell that these boats were built with heavy seas in mind.


The Golden Wave 48 is a rare find on the used boat market, with a limited number built. Owners often hold onto them due to their robust construction and favorable sailing characteristics. 
Ths is a great boat. 

**Highlights and some of the maintenance over the years
  • NO TEAK DECKS - Glass / Gelcoat topside decks
  • Standing Rigging and Chain plates Replaced 2004 Chain plates were replaced with custom built polished stainless
  • Mainsail < 5years old 
  • Stay Sail is new
  • Stay Sail has custom deck fittings to the stem / hull of the boat
  • Diesel tank replaced aluminum tank (Big Job)
  • Water tanks new (Big Job)
  • Diesel is Perkins 4236 maintained by seller, 85HP a very simple system. 
    Salt water pumps and water cooler replaced 5-6 years ago
  • Solar 2017 3 x 240 (total)
  • Electrical replaced in 2004
  • New refrigerator 2017
  • New traveler line
  • New dock lines
  • New acrylic side windows 2017
  • New Lewmar Hatches 2017
  • Led lights most of interior

Also: 
9’ 2015 dinghy 

Yamaha 8hp 
4 stroke

Paint is ABC #3
PBG coating 

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
1/28/26Initial price$75,000

Videos from Peninsula Yacht Sales on this 1981 Cheoy Lee Golden Wave

Overview from around the web 1981 Cheoy Lee Golden Wave

Customers appreciate the 1981 Cheoy Lee Golden Wave for its classic design and solid build quality

Many highlight the spacious interior layout, which offers comfortable accommodations for extended trips. The vessel's sturdy construction and reliable performance are frequently praised, making it a favored choice among enthusiasts of vintage motor yachts. Owners also commend the craftsmanship and timeless appeal of the Golden Wave, noting it as a well-maintained classic that holds its value over time.

The Biggest Pros and Cons

The 1981 Cheoy Lee Golden Wave is a classic motor yacht known for its robust construction and timeless design. Here are some pros and cons to consider:

Pros

Solid Build Quality: Crafted with high-quality materials, the Golden Wave offers durability and a sturdy feel on the water.

Classic Design: Its traditional styling appeals to enthusiasts of vintage yachts, offering a nostalgic cruising experience.

Spacious Interior: For a boat of its size, it provides comfortable living quarters with ample space for extended trips.

Good Seaworthiness: Designed for stability and smooth handling, it performs well in various sea conditions.

Versatile Layout: Suitable for both day cruising and overnight stays, making it adaptable to different boating needs.

Cons

Older Systems: Being a 1981 model, some mechanical and electrical systems may require upgrading or maintenance.

Fuel Efficiency: Older engines may not be as fuel-efficient compared to modern counterparts.

Limited Modern Amenities: Lacks some contemporary conveniences found on newer yachts, such as advanced navigation electronics or modern entertainment systems.

Maintenance Costs: Vintage boats often need more frequent upkeep, which can increase long-term expenses.

Availability of Parts: Finding original replacement parts might be challenging due to the boat’s age.

Made For

The 1981 Cheoy Lee Golden Wave is ideal for boating enthusiasts seeking a classic, reliable vessel with timeless design. Perfect for those who appreciate traditional craftsmanship and enjoy leisurely cruising, fishing, or coastal adventures, this boat offers a comfortable and sturdy option for both day trips and extended outings on the water. Its spacious layout and durable build make it suitable for families, anglers, and anyone looking to experience the charm of a well-crafted vintage yacht.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1981 Cheoy Lee Golden Wave. 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.
Monthly payment
$851.23/mo
$
$
Loan amount$ 75,000
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1981 Cheoy Lee Golden Wave. 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.
Monthly payment
$851.23/mo
$
$
Loan amount$ 75,000
OR
%

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3005 Peninsula Road, Oxnard, CA, 93035-4069

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