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2022 Covey Island 38 Lobster Yacht

$390,000

Used

Boat in Queens, NS CA

builtBuilt in 2022
Year the boat was built
model

38 Lobster Yacht

Boat model
engine

1 Engine (Covey Island)

Engine type and count
length

38 feet

Overall boat length
fuel

Diesel

Fuel type
material

Other

Hull material
Nominal Length
38ft
Length Overall
38ft
Beam
12.25ft
Max Draft
3.42ft
Displacement
6803.88lb
Hull Material
other
Engine 1
Engine Make
Covey Island
Engine Model
38 Lobster Yacht
Total Power
130hp
Engine Hours
840
Fuel Type
diesel
Additional Information
ConstructionDuring the refit the hull was stripped back to the bare timber inside and out and all the fittings, decking and pilot house removed. All damaged or suspect timber was replaced and an almost complete rebuild followed. The entire exterior was then epoxied to the usual Covey Island standard, wood/epoxy strip planking on laminated frames. EngineChad-M is now powered by a 4JH4-HTE 130 hp 4-cylinder Yanmar turbo diesel and ZF 30M gearbox with 840 hours. She cruises comfortably at eight knots, with a top speed of over ten – compared to most boats her size on the water, she barely sips her fuel. The Yanmar motor is remarkably vibration free and is mounted on well-designed engine blocks with neoprene type isolation inserts. There is no vibration in the hull ... just a barely discernible hum! Fuel System & TanksChad-M has two c.500 litre fuel tanks. The fuel tanks have large inspection plates that can be removed easily (each fixed by about 24 stainless steel nuts) to provide access to the inside. The fuel system includes a Racor 500MA in-line fuel filter. This enables us to trap and see any moisture and/or debris in the fuel before it reaches the Yanmar filter. Water TanksThere is a very large water tank and a hot water tank in engine room. ElectricalThe electronics are all 12V DC. There are two separate battery banks. One small unit for starting the motor. One large unit for general services. The large unit is trickle charged by a PV (solar panel located on wheelhouse cabin top) when the motor is off. When on shore power there is a battery charger and inverter. Windlass & Bow ThrusterChad-M is equipped with an Anchorlift windlass with anchor, chain, and rode. There is a Sleipner bow thruster installed. HeatThe marine diesel heater is great for those cold nights or dreary days to keep the cabin and pilothouse warm and cozy at all times. Chad also has a bus heater than runs off the engine heat exchanger. Accommodations & Interior LayoutThere are two bunks in the fore-cabin on the starboard side. A large hanging locker and a nav station on the port side. One large opening hatch for ventilation. Jabsco electric marine head with macerator and holding tank. The head also features a sink and standing shower with hot and cold pressurized water. Solar powered vent installed in ceiling for ventilation. The galley is equipped with a Force 10 propane range with propane detection system, sea frost refrigeration built into cabinets, sink with pressurized hot and cold water, cupboards and drawers, laminated counter tops. Electronics & NavigationChad-M is equipped with a full set of Raymarine electronics: Autopilot, Doppler Colour Radar, 12” Axiom+ Chart Plotter, Depth Sounder, and VHF. There is also a Polyplanar marine stereo and speakers. Chad-M is also fitted with a substantially constructed stub mast and boom that carries the radar and supports a tiny staysail. Its main function is to enable lifting of the dinghy on-board with ease. Aft DeckA large varnished mahogany bench installed on aft deck at stern.
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
4/15/26Initial price$390,000

Contact Atlantic Yacht Sales

4425 Hwy 3, Chester, NS, B0J 1J0

Overview from around the web 2022 Covey Island 38 Lobster Yacht

Customers are praising the 2022 Covey Island 38 Lobster Yacht for its exceptional craftsmanship and traditional lobster boat design combined with modern performance

Many highlight its sturdy build, spacious deck layout, and comfortable interior, making it ideal for both working on the water and leisurely cruising. Owners appreciate the reliable handling and efficient hull design, which provide a smooth and stable ride even in challenging conditions. The attention to detail and quality materials used throughout the boat have also received high marks, reflecting Covey Island's commitment to blending classic aesthetics with contemporary functionality. Overall, feedback underscores the 38 Lobster Yacht as a versatile and beautifully constructed vessel that meets the needs of both professional fishermen and recreational boaters.

The Biggest Pros and Cons

The 2022 Covey Island 38 Lobster Yacht offers a unique blend of traditional lobster boat design and modern luxury, making it a standout choice for enthusiasts of classic style with contemporary comforts. Here are some pros and cons to consider:

Pros

Classic Aesthetic: The Covey Island 38 maintains the timeless charm of a traditional lobster boat, featuring a sturdy hull and elegant lines that are both functional and visually appealing.

Quality Craftsmanship: Built with attention to detail, this yacht combines durable materials and expert construction, ensuring longevity and reliability.

Spacious Layout: With ample deck space and well-designed interiors, it provides comfortable accommodations for extended cruising or entertaining guests.

Versatile Performance: Powered by efficient engines, it offers stable handling and good fuel economy, suitable for both leisurely cruises and extended voyages.

Customization Options: Owners can tailor finishes and features to personal preferences, enhancing the overall ownership experience.

Cons

Limited Speed: Due to its traditional hull design prioritizing stability and classic lines, the yacht may not reach high speeds compared to more modern, performance-oriented vessels.

Size Constraints: At 38 feet, it may offer less interior space than larger yachts, which could be a consideration for those needing more room for guests or storage.

Niche Appeal: The lobster yacht style may not suit everyone’s taste, particularly those seeking ultra-modern or minimalist designs.

Maintenance: The classic wooden elements and craftsmanship, while beautiful, may require more maintenance to preserve their appearance and integrity over time.

Made For

The 2022 Covey Island 38 Lobster Yacht is designed for discerning boaters who appreciate classic maritime craftsmanship combined with modern performance. Ideal for lobster enthusiasts, fishing aficionados, and coastal cruisers, this yacht offers a perfect blend of traditional lobster boat styling and contemporary amenities. Whether you're looking to navigate rugged waters, enjoy leisurely family outings, or showcase timeless elegance on the water, the Covey Island 38 Lobster Yacht caters to those who value quality, durability, and authentic nautical character.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2022 Covey Island 38 Lobster Yacht. 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 Covey Island 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
$2,469.62/mo
$
$
%
Principal Loan Amount$ 331,500
Total Payment$592,709.69

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2022 Covey Island 38 Lobster Yacht. 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 Covey Island 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
$2,469.62/mo
$
$
%
Principal Loan Amount$ 331,500
Total Payment$592,709.69

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Address

4425 Hwy 3
Chester, NS B0J 1J0

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