1991 Oyster Lightwave 48

$200,000

Used

Boat in St. Petersburg US

builtBuilt in 1991
Year the boat was built
model

Lightwave 48

Boat model
engine

1 Engine (Volvo Penta)

Engine type and count
length

48 feet

Overall boat length
fuel

Diesel

Fuel type
material

Other

Hull material
Nominal Length
48ft
Length Overall
48ft
Beam
14.33ft
Max Draft
6ft
Fresh Water Tanks
170gal
Fuel Tanks
66gal
Hull Material
other
Engine 1
Engine Make
Volvo Penta
Engine Model
D2-55
Total Power
55hp
Engine Type
inboard
Fuel Type
diesel
Overview

1991 Oyster Lightwave 48 “Pacific Pearl” — Bluewater-Ready, Extensively Refit & Beautifully Maintained


Price: $225,000

Location: Tampa, FL

Length: 48 ft


Introduction and Key Features

The Oyster Lightwave 48 “Pacific Pearl” is an innovative, fast, and seaworthy bluewater cruiser designed by Carl Schumacher and built by Oyster Marine. One of only nineteen Lightwave 48s produced, she combines performance, craftsmanship, and comfort in a true world-voyaging yacht.

A comprehensive refit in 2022 and continuous upgrades through 2025 have kept Pacific Pearl in exceptional condition — ready for extended offshore passages or elegant local cruising.

Highlights:

  • Volvo D55 engine rebuilt with Volvo factory parts- pistons, rings, pumps, injectors and gaskets (June 2025).
  • New Max-Prop (Sept 2025)
  • New Lofrans windlass (Sept 2025)
  • New Mantus 85 lb anchor (Oct 2024)
  • New boom (Sept 2025)
  • New bimini top (June 2025)
  • New interior upholstery (October 2025)
  • Spectra 380C watermaker, 525 W solar array, new batteries (2022)
  • Interior lacquer refresh (Winter 2025)
  • Propane system updated to U.S. standard (2024)
  • Jonbuoy serviced (Sept 2025); new ditch bag, Mustang PFDs & AIS transmitter (Oct 2024)


Current location: St. Petersburg, Florida



Broker Comments

Pacific Pearl is a proven offshore cruiser with a pedigree that speaks for itself. Built to Oyster’s renowned standards and designed for safe, fast passages, she’s a standout among performance bluewater yachts. Now located in Florida, she’s poised for immediate cruising as the Caribbean season approaches. This Oyster 48 offers a rare balance of comfort, craftsmanship, and capability- ready to take her next owners anywhere in the world in confidence.




Accommodations

  • Layout: 3 cabins / 6 berths + convertible saloon. 2 heads with showers.
  • Joinery: Teak interior, teak & holly sole, off-white vinyl headliners.
  • Forward Cabin: V-berth converts to double; storage, lockers, escape hatch.
  • Forward Head: Toilet, washbasin, shower- new Thetford electric (2022).
  • Saloon: U-settee to port, starboard settee, extendable table with bottle locker, TV, lockers. All cushions reupholstered in 2025.
  • Nav Station: Forward-facing chart table with custom teak fascia (2022), AC/DC panels, bookcase.
  • Galley: L-shaped layout with double sink (new 2022), Force 10 3-burner stove (2021), Grunert 85 L fridge (serviced 2022), 85 L freezer (new cooling plate 2022), fresh/saltwater pumps
  • Starboard Aft Cabin: Twin berths, bureau, hanging locker, en suite access.
  • Owner’s Stateroom Aft: Large double berth (new mattress 2022), settee, desk, storage, private companionway to deck (new acrylic washboard 2022).
  • Heads: New Jabsco (aft 2021) and Thetford (fwd 2022) 
  • Ventilation: 12 V fans throughout.



Mechanical

  • Engine: Volvo D55 (55 hp), certified dealer rebuild in June 2025: new heat exchanger, exhaust elbow, mounts, fuel lines, Racor filters, hoses.
  • Engine Oil Analysis available, on request. All levels are well within range- sample dated December 2025.
  • Propeller: 3-blade folding Max-Prop (new Sept 2025).
  • Steering: Edson pedestal with leather-wrapped wheel; new trim kit 2023.
  • Watermaker: Spectra 380C (~10.5 gph) with spare membrane & service kit.
  • Fuel Consumption: ~0.7 gph @ 1900 RPM (6 kts).



Electrical

  • Power: 12 V DC / 220 V AC.
  • Batteries: All new (2022) – 4 × 120 Ah house, 1 × 100 Ah start, 2 × 120 Ah windlass.
  • Management: Mastervolt Combi 12 V/2500-100 inverter/charger, BTM-III monitor.
  • Solar: 525 W total (2 × 175 W + 1 × 175 W 2022), Victron MPPT, new tray 2022.
  • Lighting: Full LED interior and exterior (2019–2022).
  • Shore Power: Included cable.
  • USB ports throughout.
  • Factory Support: Oyster has an "After Sales" team that provides consultation and can help source parts



Electronics

  • Plotter/Radar: Garmin GPSMAP 1223xsv (2022) with GMR 18 HD+ radome and worldwide charts.
  • Instruments: 4 × Garmin MFDs at companionway; new wind, depth, and temperature sensors (2022).
  • Autopilot: Raymarine ACU-400 Evolution (new 2022); serviced drive + spare Type 2.
  • AIS: Vesper transponder (2019).
  • VHF: ICOM IC-M330 fixed (2019) + IC-M37 handheld (2022), cockpit speaker.
  • SSB: ICOM IC-710 serviced & rewired (2022) with new ground plates.
  • Satellite: Iridium GO! Plus with external antenna (2022).
  • Compass: Pedestal-mounted steering compass.
  • Entertainment: Fusion stereo (2022), 22″ Falcon TV/DVD


Sails & Rigging

  • Rig: Cutter rig with in-mast furling; Seldén aluminum mast and boom (new boom Sept 2025).
  • Standing Rigging: Recent (2018, inspected 2025).
  • Running Rigging: Renewed (2022).
  • Winches: Lewmar (all serviced 2022) — 2 × 66 primaries, 2 × 46 secondaries, 2 × 46 halyards, 2 × 43 pits, 1 × 43 main, 1 × 16 furling.


Sails Inventory

  • Main & Jib new 2022 (Sanders Sails)
  • Furling main Vectron (2018)
  • Genoa Vectron (2019)
  • North staysail (good)
  • Asymmetrical spinnaker (blue/white, very good)
  • Storm jib (orange, very good)
  • Storm trysail (new)


Hull and Deck

  • Construction: GRP/balsa core sandwich, vacuum-bagged, white gelcoat with blue cove stripe.
  • Finish: Epoxy and Coppercoat system (2022).
  • Deck: Teak-laid (2006, lightly sanded 2022); new handrails & nonskid 2022.
  • Keel/Rudder: Lead fin keel; blade rudder.
  • Stern: Retroussé stern with teak boarding platform and stainless ladder.
  • Ground Tackle: Mantus 85 lb anchor (2024); 25 kg stainless Bügel anchor + 80 m chain + 20 m rode; Bruce kedge; Fortress auxiliary.
  • Windlass: Lofrans 1500 W (new 2025).
  • Canvas: Sprayhood (2022), bimini (2025), cockpit cushions, awnings and sun shades.
  • Cockpit: Teak-laid center cockpit, folding Whitlock table, Edson wheel, drinks holders.
  • Deck Fittings: Dinghy Davits, Magma BBQ, solar arch, lifelines, pushpit/pulpit, hot/cold deck shower.


Construction

  • Designer: Carl Schumacher
  • Builder: Oyster Marine
  • Model: Lightwave 48, hull 17
  • Year: 1991
  • LOA: 48 ft (14.63 m) 
  • LWL: 41 ft 8 in (12.70 m)
  • Beam: 14 ft 4 in (4.37 m)
  • Draft: 6 ft (1.83 m)
  • Displacement: 27,000 lb (12,247 kg)
  • Material: GRP/Balsa sandwich
  • Rig: Cutter rig with in-mast furling


Specifications

  • Engine: Volvo D55 (2025 rebuild) 55 hp
  • Fuel: 66 gallons in a stainless tank 
  • Water: 84 gallons (2 tanks)
  • Hot Water: 14 gallon tank (engine or shore power)
  • Holding Tank: 26 gallons forward head
  • Electrical: 12 V / 220 V system
  • Solar: 525 W array
  • Watermaker: Spectra 380C
  • Safety: Seago 8-person liferaft (2019, service due 2024), Smartfind EPIRB, Jonbuoy (2025 service), new fire extinguishers (2022), PFDs & AIS (2024), gas alarm, flares (2022).


Disclaimer

All information is provided in good faith but not guaranteed. These particulars are offered as a guide only and do not constitute a term of any contract. Buyers are encouraged to verify specifications and commission independent surveys and trials as desired. Life-saving appliances should be inspected and certified before offshore use.


Co-Brokerage

Preferred Yachts offers this listing on a 50-50 split with corresponding Florida licensed brokerages. Brokers unlicensed in Florida must contact listing broker to make arrangements that comply with Florida law.

















Yachting Select is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Preferred Yachts. 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$200,000

Contact Panacea Yacht Group

Overview from around the web 1991 Oyster Lightwave 48

Customers often praise the 1991 Oyster Lightwave 48 for its exceptional design and solid construction, highlighting its seaworthiness and performance in various conditions

Owners appreciate the spacious and well-appointed interior, which offers comfort for extended cruising. The boat’s elegant lines and classic aesthetic also receive compliments, as it beautifully blends functionality with style. Many users note the stability and ease of handling, making it suitable for both experienced sailors and those newer to the sailing world. Additionally, the attention to detail in the craftsmanship and quality of materials is frequently mentioned, contributing to the overall positive experiences shared by its owners. The Oyster Lightwave 48 is recognized as a reliable and enjoyable vessel for both leisurely sailing and serious long-distance adventures.

The Biggest Pros and Cons

The Oyster Lightwave 48, built in 1991, is a renowned yacht known for its solid construction and comfortable cruising capabilities. Here are some pros and cons to consider:

Pros

Robust Build Quality: The Oyster Lightwave 48 features a strong fiberglass hull, providing durability and safety in various conditions.

Comfortable Interior: The yacht is designed with a spacious and well-appointed interior, offering numerous amenities and comfortable living spaces, ideal for long voyages.

Excellent Performance: This sailing yacht boasts impressive sailing performance, thanks to its well-thought-out rigging and hull design, making it a pleasure to handle on open waters.

Good Storage Capacity: With ample storage options, including cabinets and compartments, the Lightwave 48 caters to long-distance sailors who need to store provisions and gear.

Versatile Layout: The layout can accommodate both families and groups of friends comfortably, featuring multiple cabins and bathrooms.

Strong Reputation: Oyster yachts have a strong reputation for quality and performance, enhancing the desirability and resale value of the Lightwave 48.

Cons

Age: Being a 1991 model, some may find that certain systems or features are outdated compared to newer models.

Maintenance Costs: Older yachts may require more frequent maintenance or upgrades, which could add to overall ownership costs.

Draft Limitations: With a relatively deep draft, the Lightwave 48 may not be suitable for shallow waters, limiting access to some coastal areas.

Speed: While the sailing performance is strong, it may not be as fast as more modern racing-oriented yachts.

Limited Availability: As a specific model, finding replacement parts or necessary upgrades can sometimes be challenging, depending on the yacht's condition and prior modifications.

Made For

The 1991 Oyster Lightwave 48 is designed for discerning sailors, particularly those who appreciate quality craftsmanship and performance on the water. This vessel is perfect for experienced sailors looking for a reliable bluewater cruiser that can tackle diverse ocean conditions, making it an ideal choice for long voyages or adventurous weekend getaways. Its spacious and well-appointed interior caters to families and groups, providing ample comfort for extended trips. The Lightwave 48 is also an excellent option for those who value safety and stability, thanks to its robust build and thoughtful design features. Whether you're an avid racer or a leisurely cruiser, this yacht delivers an enjoyable sailing experience, making it a versatile choice for a wide range of boating enthusiasts.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1991 Oyster Lightwave 48. 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 Cutter cost in today's market, or how much does a Oyster 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
$1,266.47/mo
$
$
%
Principal Loan Amount$ 170,000
Total Payment$303,953.69

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1991 Oyster Lightwave 48. 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 Cutter cost in today's market, or how much does a Oyster 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
$1,266.47/mo
$
$
%
Principal Loan Amount$ 170,000
Total Payment$303,953.69

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Brielle, NJ 08730

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