1993 Island Packet 38 - Photo 1
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1993 Island Packet 38

other used Listed 0 days ago
£102,253
via TheYachtMarket
Get Report £19.99

Specifications

Model 38
Year 1993
Length 38.0ft (11.6m)
Beam 3.84m
Draft 1.68m
Engine Yanmar 4JH2E diesel engine 50HP, Approx. 3977 engine hours
Fuel Type diesel
Location Grenada
Engine Hours 3,977
Engine Make Yanmar
Engine Model 4JH2E
Engine Power 50 hp
Drive Type outboard
Generator Yes
Autopilot Yes
Air Conditioning Yes
Solar Panels Yes
Watermaker Yes

Equipment & Extras

cabins
2
engine
Yanmar 4JH2E - 50HP (1993)
fuel capacity
216 litres
drinking water capacity
594 litres

Description




Island Packet 38 for sale in Grenada!This 1993 Island Packet 38 is a respected, capable cruising yacht known for her solid construction, comfortable motion, and timeless design. Featuring the desirable two‑cabin owner’s layout, she offers a spacious forward stateroom, aft guest cabin, generous storage, and a warm, practical interior ideal for extended cruising or living aboard. Island Packet’s full keel and heavy‑duty build provide excellent stability and offshore confidence, while the secure cockpit and manageable sail plan make her well suited for short‑handed sailing. A proven cruiser blending comfort, safety, and enduring value. With a recently completed solo circumnavigation and ready to go again, Serendipity is the best equipped Island Packet 38 on the market. Now lying in Grenada, she is perfectly positioned for Caribbean cruising or your next offshore adventure.

Additional InformationElectronics & NavigationGarmin helm electronics throughout, including Garmin 5212 chart plotter and radarRaymarine autopilotGimbaled compass mounted below the chart plotterDedicated Garmin GPS and AIS in the cockpit, networked with the 5212Icom VHF with AIS installed at the navigation station (approx. 3 years old)SSB radio (original to vessel)Starlink system with antenna mounted on stern structure and router in the salonIridium GO! with hard‑wired charger and external antennaElectrical & Power SystemsMagnum charger/inverterDedicated Victron inverter for Starlink systemVictron Cerbo system for remote battery and electrical system monitoringShore‑power capable of 110V or 220V via Mastervolt transformerBattery & Energy SystemsLithium battery conversion completed last yearTwo Epoch lithium batteries, 460Ah eachRenewable charging sources:600W solar arrayWatt & Sea water generatorSuperwind 350 wind generatorClimate & Water SystemsCTM 16,000 BTU reverse‑cycle air conditioning unit (replaced last year)Spectra Ventura watermaker upgraded from 150 to 200 (2022)Hot water heaterSails & RiggingIn‑boom furling mainsail, fully battened (approx. 10 years old; serviced January 2026)120% Genoa from North Sails, Brazil (October 2024)Staysail (approx. 10 years old; serviced January 2026)Standing rigging replaced in 2016 and again in 2026Chainplates replaced in 2016, with bobstay chainplate replaced in 2026Dutchman boom brakePreventersAuxiliary tiller Deck HardwareFive Lewmar cockpit winches of varying sizes (one electric)Additional winch at the base of the mastMaxwell 1200W windlass (recently serviced)25 kg Rocna anchor with 100m all‑chain rodeSecondary anchor with rope rode on port sideDeck & cockpit showersDorades (4) with boxesGalleyThree‑burner propane stove with ovenDeep refrigerator/freezer (cooling elements replaced in 2023)Oster microwaveNuwave induction cooktop (included)Self‑SteeringRaymarine autopilot integrated with chart plotterHydrovane wind vane self‑steering systemAccommodation & PlumbingTwo Raritan marine headsSeparate forward showerCombination sink/shower in aft headBilge & Safety EquipmentElectric bilge pump with manual and automatic modesWhale manual pump in cockpitThree Buckeye fire extinguishers (inspected 2025)Fire blanket in galleyCockpit & Exterior EquipmentCustom cockpit cushionsTwo swimming laddersCockpit showerOutboard engine brackets and liftDavitsAB 9’ tender (purchased February 2025)Suzuki 9.9 hp four‑stroke outboardViking four‑person offshore liferaft (serviced February 2026)Cockpit tableHard dodgerFull custom cockpit enclosure with side and aft panels (eisenglass requires replacement; fabric serviceable)Glare shield replaced in 2023PropulsionYanmar 4JH2E diesel engine 50HPKM4A gearboxApprox. 3,977 engine hoursStandard propeller with line cutter installedFuel consumption:1500 RPM: ~0.5 GPH2200 RPM: ~1.0 GPH2500 RPM: ~1.5 GPHTankageFresh water: approx. 157 gallonsDiesel fuel: 57 gallons in main tank plus an additional 70 gallons in jerry cansBlack water holding tank: approx. 5 gallonsMiscellaneous LifejacketsMany sparesRacor fuel/water separatorDitch bagMedical kitScuba gear






Change History

1 event tracked

New listing appeared

via TheYachtMarket

6 hours ago

Financing Calculator

Financing Calculator

Estimate the true monthly cost of owning the 1993 Island Packet 38.

£
15% (£15,338)
10% 50%
6.9%
4.9% 9.9%
Monthly Finance Payment
£1,005
£86,915 over 10 years at 6.9% APR

Monthly Running Costs (estimated)

Mooring / berthing £392
Insurance £128
Maintenance £222
Fuel £292
Running costs subtotal £1,033/mo
True Monthly Cost
£2,038
Finance + running costs combined
Finance 49% Running costs 51%
Total Interest
£33,647
Total Cost (finance)
£135,900

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Boat location
Grenada

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