2002 Custom 38 Libby Downeast
$250,000
Boat in Newburyport, MA 01950 US
38 Libby Downeast
1 Engine (Scania)
38 feet
Diesel
Fiberglass/Reinforced
BAD HABITS is a rare custom Ernest Libby design built in Beals Island ME. She is the perfect blend of classic Downeast craftsmanship and performance, with custom amenities for the enthusiastic angler. She was originally built for both recreation and commercial use. Her current owner made several recent upgrades and ran her for fishing charters.
ON DECK
- Generous wheelhouse with helm station, 360° view, and settees port & center
- Over-sized open cockpit - 13' beam
POWER
- 575 hp Scania D112-42 M w 8,500 hrs, heat exchanger cooled w/dry stack exhaust
- cruising speed of 14 -16 kts
- 7.5 kw MASE generator
- Carries 375 gallons of fuel - unbeatable range
ELECTRONICS
- 3 VHFs (Standard Horizon, ICOM)
- 2 Radar - Furuno 1595 & Raymarine Radar
- North Star 952X GPS & 2 Raymarine Hybrid touch
- Raytheon L1250 Depth sounder
- Raymarine Autopilot
- Ritchie Compass
ACCOMMODATIONS/INTERIOR LAYOUT
- Comfortably sleeps 4, 2 upper/lower berths in cabin forward; Jabsco electric head w/shower
- Galley: stainless steel sink, Isotherm fridge & Sharp microwave
- Jensen AM/FM Sirius satellite CD/DVD/VCR
- Flatscreen Samsung TV
FISHABILITY
- Electric pot hauler w/davit (2023)
- Large insulated livewell on center w/a 4500 gpm pump
- Mounted rod holders on side gunnels, transom & wheelhouse roof
- Fitted w/a multitude of high-end fishing equipment & deck gear (inventory available)
- Custom outriggers & standing rigging
- Several built-in tackle boxes in wheelhouse
- Walk thru transom
Custom-built with working-boat DNA and proven capability, BAD HABITS is a rare opportunity to own an authentic piece of Maine maritime craftsmanship.
UPGRADES
2025
- New 8D 12v house battery
- 2 Durabrite lights w/new wiring installed (1 spot/1 flood)
2024
- Garbor plug installed in keel
- 3 new thru hulls
- Removeable daybed installed in cabin
2023
- New second station & helm w/controls
- New electric pot hauler w/davits
- New 4500 GPM washdown/livewell pump
- New hydraulic hoses to helm on rear deck
- Satellite antenna for TV
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 |
|---|---|---|
| 1/6/26 | Initial price | $250,000 |
Overview from around the web 2002 Custom 38 Libby Downeast
Customers praise the 2002 Custom 38 Libby Downeast for its classic Downeast styling combined with solid craftsmanship and reliable performance
Many highlight its spacious and comfortable cockpit, making it ideal for both leisurely cruises and entertaining guests. The boat’s sturdy build and efficient hull design contribute to smooth handling and fuel efficiency, which owners appreciate for coastal and offshore adventures. Additionally, the quality of the interior finish and practical layout receive positive remarks, emphasizing the vessel’s suitability for extended trips. Overall, owners value the 2002 Custom 38 Libby Downeast for its timeless appeal, durability, and versatility on the water.
The Biggest Pros and Cons
The 2002 Custom 38 Libby Downeast offers a blend of classic styling and practical performance, making it a popular choice among enthusiasts of traditional Downeast cruisers. Here are some of the key pros and cons of this model:
Pros
Classic Downeast Design: The Custom 38 Libby features timeless lines and craftsmanship that appeal to those who appreciate traditional aesthetics combined with modern functionality.
Solid Construction: Built with quality materials and attention to detail, this model is known for its durability and seaworthiness in various cruising conditions.
Spacious Layout: The interior typically offers comfortable accommodations suitable for extended cruises, with thoughtful use of space for living and storage.
Good Handling: Designed for easy maneuverability and stable performance, making it suitable for both novice and experienced boaters.
Versatility: Ideal for coastal cruising, day trips, and even overnight stays, this boat balances comfort and utility effectively.
Cons
Limited Speed: As a Downeast-style cruiser, it prioritizes comfort and style over speed; it may not satisfy those looking for high-performance or fast cruising capabilities.
Maintenance Requirements: Custom and classic-style boats often require more upkeep to maintain their appearance and mechanical systems, which may be a consideration for some owners.
Fuel Efficiency: Depending on the engine configuration, fuel consumption might be higher compared to more modern, lightweight vessels.
Interior Layout: While spacious, the traditional design might lack some of the modern amenities or innovative layouts found in newer boats.
Availability of Parts: Being a custom build, sourcing specific replacement parts or components could be more challenging compared to mass-produced models.
Made For
The 2002 Custom 38 Libby Downeast is ideal for boating enthusiasts seeking a classic, well-crafted downeast-style cruiser. It’s perfect for those who appreciate traditional design combined with reliable performance, whether for leisurely coastal cruising, fishing, or day sailing. This boat suits individuals or small families looking for a sturdy, comfortable vessel with timeless appeal and excellent handling in various conditions.
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Meet the Broker

Address
Boat Location
Contact Merri-Mar Yacht Basin, Inc about 2002 Custom 38 Libby Downeast
364 Merrimac St, Newburyport, MA, 01950
Contact Merri-Mar Yacht Basin, Inc
364 Merrimac St, Newburyport, MA, 01950






































