2000 Covey Island 38 Custom Schooner - Photo 1
1 / 8

2000 Covey Island 38 Custom Schooner

sail used Listed 20 days ago
£80,543
via TheYachtMarket
Get Report £19.99

Specifications

Year 2000
Length 38.0ft (11.6m)
Beam 3.72m
Draft 1.68m
Hull Material composite
Engine 2 x Vetus, 340 hours, 84 horsepower (combined)
Fuel Type diesel
Engine Hours 350
Engine Make Vetus
Engine Power 84 hp
Engines 2

Equipment & Extras

Berths
3
  • cold-molded composite hull
  • schooner rig
  • single-handed sailing
  • moderate fin keel
  • trim rudder
  • skeg-hung main rudder
  • two double berths
  • hull repainted in 2025 with epoxy

Description

Stock #479058 This Covey Island has been on the market for more than 30 days (Mar 10th). If you are thinking of making an offer, submit it today and let's make a deal! Beautiful Custom Schooner with cold molded hull, twin engines, built with redundancy to go anywhere Crafted for a discerning sailor who values tradition, craftsmanship, and seaworthy design, the Covey Island 38 Custom Schooner represents a rare opportunity to own a beautifully built classic cruising yacht. Construction was completed in 2000 and has been maintained to exceptional standards by only two owners. At 38 feet LOD with a beam of 12 feet 3 inches and a draft of 5 feet 6 inches, the design strikes an ideal balance between stability, comfort, and performance under sail. Her cold-molded composite construction and modern under-body deliver the strength and tracking ability serious sailors appreciate, while her graceful schooner rig gives her unmistakable character on the water. You will also enjoy the single handed functionality of the rigging setup. The underbody features a moderate fin keel with a trim rudder on the trailing edge, and a skeg-hung main rudder. Power when you need it comes from twin Vetus diesel engines producing a combined 84 horsepower, and have only about 350 hours of use. Whether maneuvering in tight harbors or cruising quietly along the coast, this auxiliary power offers performance and peace of mind. Below deck, the layout is designed for comfortable cruising, featuring two double berths and ample space for extended time aboard. Her thoughtful interior complements the vessel's traditional aesthetic, creating an inviting environment after a day under sail. The generous waterline length of nearly 32 feet contributes to steady passage-making and confident offshore capability. For sailors who appreciate traditional lines, quality craftsmanship, and a well maintained vessel, this schooner stands as an exceptional and increasingly rare offering. While we will always attempt to provide you with a TRUE representation of every vessel we market, during any purchase from Pop you will be encouraged to schedule an inspection from an independent, accredited surveyor and every purchase WILL ALWAYS BE subject to your satisfaction with the results from your independent survey and your own personal trial run. If you're in the Seattle, Tacoma, Bellevue, or Kent areas, please contact us to let us know what you're looking for and we'll get back with you today about any other schooner sailboat options we have locally that may meet your needs. You have questions? We have answers. Call us at 001 (469) 844-2628 to discuss this vessel today. Owner's Comment Built in 2000 and maintained by both owners, the boat presents itself in good condition. The vessel spent its early years in a heated boathouse during the long Nova Scotia winters. It didn't leave the boathouse for its last four years at that location. The hull was repainted in 2025 with an epoxy, and the interior is clean, showing great care and attention. The engine compartments are extremely clean.

Change History

4 events tracked

Price dropped by £22,173 (21.6%)

via TheYachtMarket

1 week ago

Price dropped by £22,173 (21.6%)

via TheYachtMarket

1 week ago

Photos added (7 -> 8)

via TheYachtMarket

1 week ago
1 more change tracked

Price drops, relistings, and status changes reveal negotiating power. Sign up to see more.

Financing Calculator

Financing Calculator

Estimate the true monthly cost of owning the 2000 Covey Island 38 Custom Schooner.

£
15% (£12,081)
10% 50%
6.9%
4.9% 9.9%
Monthly Finance Payment
£791
£68,462 over 10 years at 6.9% APR

Monthly Running Costs (estimated)

Mooring / berthing £392
Insurance £101
Maintenance £161
Fuel £67
Running costs subtotal £720/mo
True Monthly Cost
£1,511
Finance + running costs combined
Finance 52% Running costs 48%
Total Interest
£26,503
Total Cost (finance)
£107,046

Can I afford this?

£

These are estimates for illustration only. Actual rates, terms, and running costs will vary. Always seek independent financial advice before committing to marine finance.

Looking for marine finance? We are working with finance partners to offer quotes directly. Check back soon.

At ~£791/mo, is this boat priced right?

Get the full deal report →

Transport Cost Estimator

Transport Estimate

Estimate the cost of transporting the 2000 Covey Island 38 Custom Schooner to your marina.

Boat location
Port Hadlock, Washington, Washington, United States

Select your destination above to see transport estimates.

Indicative estimate only. Actual costs may vary. Road distances are approximated. Crane lift and haulage costs depend on boat weight, beam, and access. Always obtain quotes from specialist boat transport companies before committing.

£80,543
Listed by TheYachtMarket
View all boats from TheYachtMarket

Deal Score

Not enough data
Get the Pre-Purchase Report £19.99 View on TheYachtMarket
Last checked 1 week ago

Is this Covey Island 38 Custom Schooner a good deal?

This boat has dropped in price 2 times. The report tells you what to offer and what to watch for.

What this boat is actually worth, based on market data
What to offer: what similar boats actually sell for
Red flags to watch for: relisting history, unusual price movements, broker red flags
Whether the price will drop further, based on trajectory and seasonal data
How it compares to 10-20 similar boats, with prices to benchmark against

Full intelligence on a 5-figure purchase, for less than filling your fuel tank to go see it.

See a sample report Not useful? Full refund.

Get alerted if the price drops

Enter your email and we'll notify you when the price changes, photos are updated, or the listing status changes.

Free. No password required. Unsubscribe anytime.

Negotiation Tracker

Sign up for Pro to track offers, get market intelligence, and compare boats.

See Pro Features

Is this Covey Island 38 Custom Schooner a good deal?

Full report with offer range and red flags

We use cookies for analytics to understand how people use Boat Hound and improve the experience. No advertising cookies. Privacy policy.