This listing is no longer active

  • Inactive
  • Sail / Cruisers
  • Island Packet / 38
  • 1988 / Used
  • 41' / 12'
  • 1988 Yanmar
  • 50 hp
  • 1450 hrs
  • Diesel
  • 3 Blade Propeller

Cruisers 1988 Island Packet 38

Off Market since May 7th 2019

To see full description of this boat from the seller click on the Seller Description tab above.

The Island Packet 38 was the first Island Packet model to feature two head compartments, setting the standard for all subsequent Island Packets by combining enhanced creature comforts with Island Packets traditional seakeeping capabilities. This yacht has recently been updated and used only sparingly in recent years, and is a great opportunity to purchase a yacht capable of extensive coastal or long distance cruising, fully found and, to boot, a wonderful live aboard.

LOLA has new topsides paint, new bottom paint, new rigging, sails, windlass, water heater, stove/oven and dinghy davits.

Additional Specs, Equipment and Information:

Boat Name

Builder: Traditonal Watercraft, Inc.
Designer: Robert Johnson
Flag of Registry: Puerto Rico (US)
Keel: Full
Hull Shape: Displacement

LOA: 41 ft 6 in
Beam: 12 ft 8 in
LWL: 33 ft 0 in
Length on Deck: 38 ft 0 in
Maximum Draft: 5 ft 0 in
Displacement: 21500 lbs
Ballast: 10000 lbs
Bridge Clearance: 51 ft 0 in
Headroom: 6 ft 4 in

Total Power: 50 HP

Engine 1:
Engine Brand: Yanmar
Year Built: 1988
Engine Type: Inboard
Engine/Fuel Type: Diesel
Engine Hours: 1450
Propeller: 3 blade propeller
Drive Type: Direct Drive
Engine Power: 50 HP

Fresh Water Tanks: 1 Aluminum (157 Gallons)
Fuel Tanks: 1 Aluminum (55 Gallons)
Holding Tanks: 1 Aluminum (30 Gallons)

Number of single berths: 1
Number of double berths: 3
Number of cabins: 3
Number of heads: 2

Outside Equipment/Extras
Electric windlass


Topsides, the Island Packet 38 features large unobstructed deck and cabin top surfaces. Safe and secure deck work is ensured with raised bulwarks, premium course diamond nonskid, full length cabin top hand rails, welded double bow and stern rails and double lifelines. The deck is trimmed with a wide teak cap rail and a stainless steel striker all around, with teak cockpit coamings and detail trim. All nonskid surfaces are molded in contrasting tan. The roomy cockpit features contoured cockpit seats with deep coaming backrests, a comfortable helmsmans seat, a cavernous locker to starboard, storage tray to port and rack and pinion geared wheel steering for precise feel and utmost reliability. Other details include afresh watercockpit shower unit, protected engine control panel, folding swim ladder, and lifeline stern and side gates.

The hull is molded in one piece with extra strong triaxial glass, unified with an engineered molded interior grid structure. Deck laminate is cored with advanced Polycel, a tough microsphere and resin matrix that is heat, rot and delamination proof. PolyClad 3 is used on all exterior surfaces backed with a vinylester laminate in the hull, so impervious to osmotic blistering that Island Packet was the first U.S. builder to offer a ten year limited osmotic blister warranty. The deck is attached to the integrally molded hull flange with bolts, lock nuts, and urethane adhesive sealant. All deck hardware is thru-bolted with aluminum back up plates.

The moderate full keel design, unique to Island Packet, combines a contemporary performancehull form with a foil shaped full keel providing the benefits of spirited, powerful performance and seakeeping comparable to deeper fin keel designs while providing the ability to explore shallow coastal waters. The centerboard is particularly helpful when beating to windward.

LOLA has new topside paint in the original Island Packet beige color, enhancing the beauty of this yacht.


Below deck, the interior features a tri-cabin layout with large forward and aft staterooms, each with private access to an adjoining head compartment with shower,and a spacious central salon.The master stateroom with its private head further forward utilizes virtually the full beam of the yacht to create an exceptionally open, roomy layout. A large double berth offset to starboard, oversized hanging locker plus bureau and chest of drawers and numerous other detailed amenities provide for a graciouslifestyle for extended periods aboard.

The inviting main salon is bright and open. Large settees, a wide sole, wall mounted retractable table, pullout double berth and numerous stowage areas allow a variety of uses including gracious entertaining,dining or a third cabin for extra guests. The aft facing nav station is quickly accessible from the cockpit, allowing easy communication with the helmsperson. Fresh airventilation is afforded by six Lewmar screened deck hatches, two Dorade vents and thirteen opening ports with screens.

The large wrap-around U-shaped galley is convenientto both cockpit and salon yet out of companionway traffic. Standard equipment includes an LPG range with oven (new in 2018) , deep double sinks, heavily insulated 14 cubic foot ice box, deluxe teak dish rack with cutlery drawers, hot and cold pressure water, plus thoughtful details such as stove guard rail with harness attachments and a hideaway trash bin. Excellent engine access is provided through moveable panels on either side of, and behind, the companionway ladder.

Comfortable accommodations for two are provided in the roomy aft stateroom. The wide double berth, dressing seat, bureau and cedar-lined hanging locker, plus private access to the adjoining head compartment with shower provide gracious quarters for crew or guests.

Construction quality, materials and finish are to the highest standard throughout, not solely to create a finely crafted appearance, but also to build in a lifetime of capability and reliability.


Anodized single spreaderaluminum mast, keel-stepped, equipped witha Lewmar #42 jib halyard winch,mast steps and stainless steel grab rail surrounding the mast. Anodized aluminum boom equipped with an adjustable topping lift. Shrouds and stays have beenreplaced (new 2018)

Sails: New (2018) double reefed mainsail,130% roller furling genoa and roller furling staysail. Harken r oller furling on both head stay and staysail stay. M ain halyard and mainsheet led to cockpit stoppers and (2) Lewmar #16 winches. Genoa sheets lead to two Lewmar #43 winches mounted on the cockpit coamings.


  –  Raymarine 9 Hybrid Touch Chartplotter at helm and standard Raymarine Chartplotter at nav station
  –  Raymarine Autopilot with control head in pedestal pod
  –  Knot, depth and wind instruments in cockpit bulkhead
  –  Island Packet compass
  –  Uniden VHF radio at nav station
  –  Raymarine radar (currently inop)
  –  ICOM SSB radio at nav station


  –  Propane stove: Princess 3-burner w/oven (new 2018)
  –  Microwave
  –  Refrigeration/freezer
  –  Water System: Pressurized 12V hot/cold system
  –  LPG: vented deck locker contains (2) 20# aluminum tanks, pressure regulator and gauge. Solenoid shutoff system and fume detector at cabin sole and in bilge
  –  Water heater (new 2018) ; 6.5 gal. Heats by 120V A/C or heat exchanger w/engine


Two head compartments each containing (1) manual toilet, sink, vanity and shower curtain with seat. Y-valve w/discharge to holding tank or directly overboard.


  –  Bilge pumps: 12V auto/manual bilge pump and (1) manual cockpit pump
  –  EPIRB: (1) ACR satellite type, manual removal
  –  Fire extinguishers, left jackets


  –  Stainless Steel bow pulpit w/bowsprit and dual anchor rollers
  –  Dinghy Davits aft
  –  Cockpit cushions (4)
  –  Hubbell shore power cord
  –  Brass clock; barometer
  –  Bose speaker system
  –  Brass hurricane lantern
  –  Docking lines; fenders (6)


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.

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