1995 Island Packet 40 Boat in Newport, RI 02840 US
Built in 1995
40
1 Engine (--)
40 feet
Diesel
Fiberglass/Reinforced
"DREAM CATCHER" is a well-equipped example of the highly regarded Island Packet 40', owned and cared for by her current owners for approximately 20 years. During their ownership, she has cruised extensively throughout New England from Newport to Bar Harbor, as well as the Chesapeake Bay, Bahamas, and Florida Keys. Her long-term ownership is complemented by consistent maintenance and a long list of thoughtful upgrades made over the past decades.
The Island Packet 40's proven cutter-riggered platform, moderate draft, generous tankage, and comfortable two- stateroom interior make her particularly well suited for extended cruising.
Highlights Include:
Versatile cutter rig with 2017 North Sails inventory including full batten mainsail on a Dutchman system, 130% genoa, and an enlarged staysail. Sails present exceptionally well due to light use since new.
Electrical architecture designed for extended time away from shore power, with a 430-watt solar array, recent Group 31 Lifeline batteries, dedicated starting battery, and upgraded Balmar 100 amp alternator
Variable speed Sea Frost air/cooled refrigeration system with cavernous cold-storage capacity, oversized stainless steel holding plates, and an additional insulated cold-box storage
Substantial ground tackle, Kato Davits and two full aft cockpit enclosures
As an incentive to potential end-of-season buyers, the owners have secured and prepaid outside land storage at Safe Harbor New England Boatworks for the 2026-2027 offseason. Ancillary expenses associated with this will be the responsibility of the buyer.
Showings available by appointment. Please see details below for full specifications, or contact the listing broker for further information.
Price History
| Date | Event | Price |
|---|---|---|
| 8/28/26 | Initial price | $150,000 |
1995 Island Packet 40 Video Tours
Overview from around the web 1995 Island Packet 40
The 1995 Island Packet 40 has garnered positive feedback from customers who appreciate its solid build quality and classic design
Many owners highlight the boat's exceptional stability and performance, especially in various sailing conditions, making it ideal for both coastal cruising and longer voyages. Several users commend the spacious, well-thought-out interior that maximizes comfort and functionality. The generous use of wood throughout the cabin creates a warm and inviting atmosphere, while the galley and saloon design are functional for both cooking and entertaining. Many reviews point out the ample storage space, which is a significant advantage for extended trips. Sailing enthusiasts also praise the Island Packet 40 for its ease of handling and maneuverability, which are features that appeal to both seasoned sailors and those newer to the boating lifestyle. The boat's renowned safety features and offshore capabilities give owners peace of mind as they navigate open waters. Overall, customer reviews reflect a strong satisfaction with the performance, comfort, and craftsmanship of the 1995 Island Packet 40, making it a cherished choice among sailing enthusiasts.
The Biggest Pros and Cons
Pros
Sturdy Build Quality: The Island Packet 40 is renowned for its robust construction and solid fiberglass hull, offering durability and stability in various sea conditions.
Spacious Interior: With a well-thought-out design, the interior of the Island Packet 40 provides ample living space. The layout typically includes a large salon, galley, and comfortable sleeping quarters, making it ideal for extended cruising.
Exceptional Storage: This model features generous storage options, allowing for easy organization of gear, supplies, and personal belongings, which is essential for long voyages.
Classic Design: The traditional nautical aesthetic combines elegance with functionality, appealing to both classic yacht enthusiasts and modern sailors alike.
Good Performance: Known for its excellent sailing performance, the Island Packet 40 offers a combination of speed and maneuverability, making it suitable for both experienced sailors and those newer to sailing.
Easy Handling: The boat is designed for shorthanded sailing, featuring systems and features that make it easier for a small crew or even a single sailor to handle.
Safe and Stable: Its full keel design enhances stability and safety, particularly in rough weather conditions, providing sailors with confidence while at sea.
Cons
Age and Maintenance: Being a 1995 model, some may find that the boat requires regular maintenance or updates to ensure all systems are functioning optimally.
Limited Speed: While it performs well in various conditions, some sailing enthusiasts may find the speed of the Island Packet 40 to be less competitive compared to other, more modern performance-oriented sailing yachts.
Draft and Keel Considerations: The full keel design, while benefiting stability, increases the draft which may limit access to shallower bays and marinas.
Weight: The sturdy build contributes to its weight, which could affect fuel efficiency and speeds under power, particularly in light winds.
Older Technology: Being a mid-90s model, some onboard technology may be outdated, necessitating possible upgrades for electronics and systems to meet modern standards.
Made For
The 1995 Island Packet 40 is designed for sailors seeking a perfect blend of comfort, performance, and seaworthiness. This model is ideal for cruising enthusiasts, whether you're a family looking to spend quality time on the water or a couple dreaming of embarking on long voyages. With its roomy interior, the Island Packet 40 accommodates those who value space and livability, providing ample headroom and clever storage solutions throughout. The boat’s robust construction and reliable sailing capabilities make it a suitable choice for both seasoned sailors and newcomers who appreciate quality and craftsmanship. Sailors who enjoy exploring distant shores will find the Island Packet 40's stability and bluewater pedigree reassuring, while those who prefer leisurely coastal cruising will appreciate its ease of handling and comfort. This vessel is for anyone who desires a dependable, beautifully designed yacht that enhances the joys of life on the water.
Finance your dream boat!
Finance your dream boat!
Be the first to know when similar boats hit the market
Get notified when new boats become available
Boats For Sale in Rhode Island, United States Similar to the 1995 Island Packet 40
Compare with similar boats and find the perfect one for you.
 1995 Island Packet 40 | ||||||
|---|---|---|---|---|---|---|
| Price | $150,000 | $149,900 | $90,000 | $89,900 | $77,500 | $68,000 |
| Location | Newport | North Kingstown | Portsmouth | North Kingstown | Barrington | North Kingstown |
| Nominal Length | 40' | 55' | 39' | 40' | 38' | 33' |
| Beam | 13' | - | - | - | - | - |
| Draft | 4' | - | - | - | - | - |
| Engine Make | - | Yanmar | Yanmar | Beta Marine | Yanmar | Nanni |
| Total Engine Power | 50 hp | 110 hp | 40 hp | 43 hp | 44 hp | 29 hp |
| Days on Market | 2 | 501 | 1391 | 521 | 533 | 122 |
| Get in touch |
Other Island Packet boats for sale in Rhode Island, United States
Meet the Broker
Address
Boat Location
Contact Northstar Yacht Sales about 1995 Island Packet 40
1 Lagoon Road, Portsmouth, RI, 02871
Login with Google