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Downeaster 38
Designer: Henry Morschladt And Bob Poole  ·  Builder: Down East Yachts  ·  First built: 1974
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About the Downeaster 38

With limited documentation available, the Downeaster 38 represents one of the more elusive designs in the cruising sailboat market. This 38-foot vessel appears to have been positioned as a coastal cruiser, designed for sailors seeking comfortable accommodations and reliable performance in nearshore waters. Based on its name and typical sizing conventions of the era, the Downeaster 38 likely featured traditional cruising boat characteristics that emphasized comfort and seaworthiness over pure performance. The "Downeaster" moniker suggests New England maritime heritage, potentially indicating design elements suited to the challenging conditions found along the northeastern Atlantic coast. While specific details about the designer, builder, and production numbers remain scarce, boats of this size and apparent vintage typically offered spacious accommodations for extended cruising, with emphasis on practical layout and storage. The 38-foot length suggests capability for serious coastal exploration while remaining manageable for a couple or small crew. For prospective buyers researching this model, the limited available information underscores the importance of thorough individual boat inspection and seeking out owner networks or maritime forums where existing owners might share insights about the design's real-world performance and characteristics.

Market Price Estimate Beta
Small sample size. This estimate is based on fewer than 5 listings and may not be representative of the true market. Use with caution.
$25,000 – $25,000
typical asking price
Median $25,000  ·  3 listings used
All listings
$25,000 – $25,000 3
Rate a listing price
$
About this estimate
  • Prices are based on recent asking prices from public listings — not actual sale prices, which are typically lower.
  • Condition is not factored in. A well-maintained boat with new sails and engine can be worth significantly more than a project boat of the same model.
  • Location affects price. Boats in landlocked states or areas with fewer buyers often sell for less than those on the coast.
  • Year of manufacture is not filtered. Older examples of this model will generally be priced lower than newer ones.
  • Included equipment varies widely. A boat with a full suite of electronics, dodger, and new standing rigging may command a large premium.
  • Outliers are automatically excluded using statistical filtering to improve accuracy, but some bad data may remain.
Core Dimensions
LOA (Length Overall) 38.00 ft / 11.58 m
LWL (Waterline Length) 29.00 ft / 8.84 m
Beam 11.83 ft / 3.61 m
Max Draft 4.92 ft / 1.50 m
Displacement 19,500.00 lb / 8,845 kg
Ballast 8,000.00 lb / 3,629 kg
Sail Area (Reported) 735.00 ft² / 68.28 m²
Design & Construction
Hull Type Long Keel
Rigging Type Cutter
Construction FG
Designer Henry Morschladt and Bob Poole
Builder Down East Yachts
First Built 1974
Last Built 1981
Owner Reviews

No owner reviews yet — be the first to share your experience with this boat.

Performance Ratios
SA/Displacement Sail Area to Displacement ratio measures how much sail power a boat has relative to its weight. Higher values mean more performance and speed.
Under 14 — Heavy cruiser, slow14–18 — Cruising sailboat18–22 — Cruiser/racerOver 22 — Performance racer
16.29
Comfort Ratio Ted Brewer's Comfort Ratio predicts how comfortable a boat will feel in offshore conditions. Higher values mean a steadier, more comfortable motion in a seaway.
Under 20 — Uncomfortably rough20–30 — Acceptable coastal30–40 — Good offshore comfortOver 40 — Very comfortable offshore
35.4
Capsize Screening Formula The USHS Capsize Screening Formula estimates offshore capsize risk. Lower is safer — values under 2.0 are considered acceptable for offshore sailing.
Under 2.0 — Safe for offshore2.0–2.2 — Borderline offshoreOver 2.2 — Coastal use recommended
1.76
Hull Speed Hull Speed is the theoretical maximum speed of a displacement hull, calculated from waterline length. Most cruising sailboats reach this speed in moderate conditions. 7.22
S# (Speed Number) The Speed Number (S#) is a quick performance index. Higher values indicate a faster, more powerful design relative to its size.
Under 3.0 — Slow cruiser3.0–5.0 — Average cruiser5.0–7.0 — Performance cruiserOver 7.0 — Racer
1.32
Pounds/Inch Immersion Pounds per Inch Immersion (PPI) tells you how much weight is needed to sink the boat one inch. Useful for calculating how additional gear and stores affect waterline. 1.0
Rig Dimensions
I (Foretriangle Height) 44.8
J (Foretriangle Base) 18.92
P (Mainsail Luff) 38.0
E (Mainsail Foot) 16.38
SA Fore 423.81
SA Main 311.22
How It Compares

vs. Cabo Rico 38, Caliber 38, Cape George 38, Ingrid 38, Island Packet 38

This boat Similar boats
Dimensions
LOA
Downeaster 38 ★
38.0 ft
Cabo Rico 38
38.0 ft
Caliber 38
38.0 ft
Cape George 38
38.0 ft
Ingrid 38
38.0 ft
Island Packet 38
38.0 ft
LWL
Downeaster 38 ★
29.0 ft
Cabo Rico 38
29.3 ft
Caliber 38
32.0 ft
Cape George 38
35.0 ft
Ingrid 38
32.0 ft
Island Packet 38
33.0 ft
Beam
Downeaster 38 ★
11.8 ft
Cabo Rico 38
11.5 ft
Caliber 38
12.7 ft
Cape George 38
11.6 ft
Ingrid 38
11.3 ft
Island Packet 38
12.7 ft
Displacement
Downeaster 38 ★
19 lbs
Cabo Rico 38
21 lbs
Caliber 38
18 lbs
Cape George 38
30 lbs
Ingrid 38
26 lbs
Island Packet 38
21 lbs
Ballast
Downeaster 38 ★
8 lbs
Cabo Rico 38
7 lbs
Caliber 38
9 lbs
Cape George 38
10 lbs
Ingrid 38
8 lbs
Island Packet 38
10 lbs
Sail Area
Downeaster 38 ★
735 sq ft
Cabo Rico 38
Caliber 38
708 sq ft
Cape George 38
820 sq ft
Ingrid 38
815 sq ft
Island Packet 38
870 sq ft
Performance
PHRF Rating (lower = faster)
Downeaster 38 ★
Cabo Rico 38
180 s/nm
Caliber 38
150 s/nm
Cape George 38
159 s/nm
Ingrid 38
213 s/nm
Island Packet 38
162 s/nm
SA / Displacement (higher = more powerful)
Downeaster 38 ★
16.3
Cabo Rico 38
Caliber 38
16.3
Cape George 38
13.6
Ingrid 38
14.9
Island Packet 38
18.1
Ballast / Disp (higher = stiffer)
Downeaster 38 ★
Cabo Rico 38
37.1 %
Caliber 38
48.7 %
Cape George 38
35.0 %
Ingrid 38
30.8 %
Island Packet 38
46.5 %
Comfort Ratio (higher = more comfortable offshore)
Downeaster 38 ★
35.4
Cabo Rico 38
Caliber 38
28.8
Cape George 38
49.5
Ingrid 38
46.9
Island Packet 38
32.7
Capsize Screening (lower = safer)
Downeaster 38 ★
1.76
Cabo Rico 38
Caliber 38
1.92
Cape George 38
1.49
Ingrid 38
1.53
Island Packet 38
1.83
Displacement / Length (lower = lighter)
Downeaster 38 ★
Cabo Rico 38
374
Caliber 38
252
Cape George 38
312
Ingrid 38
354
Island Packet 38
267
Hull Speed
Downeaster 38 ★
7.2 kts
Cabo Rico 38
Caliber 38
7.6 kts
Cape George 38
7.9 kts
Ingrid 38
7.6 kts
Island Packet 38
7.7 kts
Speed Number (higher = faster)
Downeaster 38 ★
1.3
Cabo Rico 38
Caliber 38
2.1
Cape George 38
1.4
Ingrid 38
Island Packet 38
1.9
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