1987 Island Packet 38

$79,900

Used

Boat in Indiantown US

builtBuilt in 1987
Year the boat was built
model

38

Boat model
engine

1 Engine (Yanmar)

Engine type and count
length

41 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
41ft
Length Overall
41ft
Beam
12.5ft
Max Draft
5ft
Cabins
2
Fresh Water Tanks
187gal
Fuel Tanks
57gal
Hull Material
fiberglass
Engine 1
Engine Make
Yanmar
Engine Model
4JHE
Total Power
44hp
Engine Hours
3800
Engine Type
inboard
Fuel Type
diesel
Overview

The Island Packet 38 boasts 2 stateroom and 2 heads! This proven blue-water cruiser is fully-equipped and ready to cast off. She is hull number #18 of the popular 188 IP38 series hulls manufactured between 1986 and 1993. In 1994 the IP40, with the same 41’6” LOA, was introduced to replace the IP38.

The various models of Island PacketYachts represent the largest percentage of boats selected by members of the Seven Seas Cruising Association as they boast blue water cruising abilities, live-aboard comfort, and superior sea-worthiness characterized by their solid fiberglass full-keel hull and 165-degree righting moment. “Malaika” was constructed in Largo, Florida. “Malaika” is presently on the hard in Indiantown FL for Hurricane season.


Here are a few of “Malaika” features and upgrades:

  • Standing rigging replaced in 2019
  • New Bottom paint 2023
  • New House Batteries 2021
  • Sea water Pro water maker - new in 2022- never used


Ask about the transferable $5000.00 deposit for Chainplate replacement with Mack Yacht Services!

 



Yachting Select is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Adventure Yacht Sales. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel

Price History

DateEventPrice
5/1/26Initial price$79,900

Contact Panacea Yacht Group

Overview from around the web 1987 Island Packet 38

The 1987 Island Packet 38 has garnered positive feedback from customers who appreciate its robust design and seaworthy capabilities

Owners often highlight the boat's spacious interior, which features a welcoming salon layout and a well-equipped galley, making it ideal for extended cruising. Many users praise the solid construction and stability of the Island Packet brand, noting how the full keel design contributes to excellent tracking and handling, even in challenging conditions. Customers frequently mention the boat's generous storage options, which enhance its livability for long voyages. Sailing enthusiasts also commend the Island Packet 38's performance under sail, enjoying its responsiveness and ease of handling. Additionally, the incorporation of numerous classic nautical features, including comfortable seating and ample natural light, elevates the overall onboard experience. Overall, the 1987 Island Packet 38 is regarded as a reliable and comfortable cruiser, perfect for both weekend getaways and bluewater adventures.

The Biggest Pros and Cons

Pros

Robust Build Quality: The Island Packet 38 is renowned for its strong construction, featuring a reinforced fiberglass hull designed to withstand rough seas and challenging weather conditions.

Spacious Interior: With its innovative layout, the yacht offers generous living space, boasting a comfortable salon, well-equipped galley, and ample storage, making it ideal for extended cruising.

Excellent Seaworthiness: Designed for cruising, the Island Packet 38 has a full keel, which provides stability and improves performance in various sea conditions. This makes it a reliable choice for long passages.

User-Friendly Sailing: The boat features a cutter rig, allowing for easy sail handling and versatility in different wind conditions, benefiting both novice and experienced sailors.

Strong Community Support: As a popular model among cruising enthusiasts, there is a wealth of information, resources, and a community of owners to support new buyers.

Good Performance: The combination of hull design and sail plan results in pleasant sailing performance, making it both efficient and enjoyable on the water.

Cons

Age-Related Maintenance: Being a 1987 model, potential buyers should be mindful of the condition of the vessel, as systems and equipment may have aged and require updates or replacements.

Limited Speed: While the Island Packet 38 is built for comfort and stability, its design doesn't favor speed, making it less competitive compared to modern racing-oriented vessels.

Draft Considerations: With a deeper draft compared to some other cruisers, it may not be suitable for shallow waters or areas with tidal restrictions.

Weight: The boat's heavier construction can result in slower acceleration and maneuverability, which may not appeal to all sailors, especially those who prefer a more agile vessel.

Older Technology: Depending on the specific boat and its upgrades, the navigation and electrical systems might be outdated, necessitating modernizations for current standards and efficiency.

Made For

The 1987 Island Packet 38 is designed for those who seek a perfect blend of comfort and performance on the water. Ideal for both seasoned sailors and families, this robust cruiser is perfect for weekend getaways or extended voyages. With its spacious interior and well-thought-out layout, this boat accommodates both relaxation and entertaining with ease. The deep, secure cockpit and high freeboard provide peace of mind during offshore sailing, while the solid construction of the hull ensures durability in various sailing conditions. Whether you're an avid sailor looking for a reliable vessel to tackle blue water or a novice ready to embark on your cruising journey, the Island Packet 38 serves as a versatile choice. Its classic lines, excellent sailing capabilities, and quality craftsmanship cater to those who value performance without sacrificing comfort. This boat truly embodies the spirit of adventure, making it the perfect companion for exploring new coasts or just enjoying a day on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1987 Island Packet 38. 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 Other cost in today's market, or how much does a Island Packet 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
$505.96/mo
$
$
%
Principal Loan Amount$ 67,915
Total Payment$121,429.50

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1987 Island Packet 38. 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 Other cost in today's market, or how much does a Island Packet 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
$505.96/mo
$
$
%
Principal Loan Amount$ 67,915
Total Payment$121,429.50

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