S/V Halcyon is a Marigot Bay, Sint Maarten (Dutch Part) based 1986 Island Packet 38 For Sale By Broker. Responses to inquiries may come from a broker who is representing the owner as a fiduciary. This owner requires financial settlement only. No trades.
Halcyon is an upgraded version of the IP 38. She has recently had a very efficient self-steering system added with the oversight of her very experienced, knowledgeable owner. Additionally, her chain plates have been replaced for rig dependability and reliability. She offers exceptional seaworthiness and a comfortable motion in heavy seas. The full foil keel offers superior protection for the propeller and rudder. The interior is spacious and well-ventilated with a dedicated stall shower. High-capacity water and fuel tanks are suited for long-range cruising. Given the IP 38’s following and earned reputation in the offshore cruising category, combined with kudos for her build specs and scantlings, the next owner will find her a strong offering when resale is considered. A wise choice for sailors who seek to sail further safely in all conditions.
Features
- Hydrovane windvane steering system
- Yanmar engine
Videos
Specifications
| Name | S/V Halcyon |
| Make | Island Packet |
| Model | 38 |
| Year | 1986 |
| Type | Monohull Sailboat |
| Builder | Island Packet |
| Designer | Bob Johnson |
| Construction | Fiberglass |
| Cabins | 2 |
| Heads | 2 |
| Galley | Amidships to starboard |
Dimensions
| Loa | 38ft / 11.58m |
| Lwl | 33ft / 10.06m |
| Beam | 12ft 6in / 3.81m |
| Headroom | 6 ft 6 in |
| Draft | 4ft 0in / 1.22m -> 8ft 0in / 2.44m |
| Mast Height | 54ft 0in |
Tankage
| Fuel Tanks | 57 gallons |
| Water Tanks | 157 gallons |
| Holding Tanks | 20 |
Performance
| Engines | 54HP Yanmar 4JH5E 2018 |
| Engine Hours | 939 |
| Wiring | 110V |
| Displacement | 21500 lbs |
| Speed | 7.7 kn |
| Sails | Mainsail, jib, staysail |
Layout Diagram

Inventory
Accommodation
- The interior of the Island Packet 38 was revolutionary for its time, utilizing the boat’s 12' 8" beam to create a "Tri-Cabin" layout that provides genuine privacy for two couples.
- Unlike many 38-footers of the late 1980s that relied on cramped quarter berths, the IP 38 features a dedicated aft cabin with a double berth and standing dressing area.
- The forward cabin is equally spacious, centered around a large V-berth and complemented by abundant cedar-lined hanging lockers.
- The salon is characterized by Island Packet’s signature bulkhead-mounted table, which folds down to reveal a wine rack and storage, opening up the floor space when not in use.
- The use of solid teak and teak veneers, combined with a teak-and-holly sole, creates a warm, traditional aesthetic.
- A standout feature is the head compartment, which includes a separate stall shower, a luxury rarely found on yachts of this size.
Interior comforts and amenities
- Very comfortable interior with two heads featuring electric toilets, a spacious aft cabin, a high-ceilinged forward cabin, a practical galley, and a convivial saloon with plenty of room to move around.
- High-quality woodwork in excellent condition, abundant storage throughout, and a layout well suited for extended cruising or liveaboard use.
- Refrigerator
- Freezer
Electronics and navigation
- Autopilot
- GPS – Raymarine A9 with AIS
- Depth sounder
- Anemometer
- Speed log
- Primary VHF radio
- Secondary VHF radio
- Direction finder
- Wind direction indicator
- Wind speed indicator
- Compass
- Stereo
- Stereo speakers
Electrical systems
- Solar panels
- Batteries (2024)
- Windlass
- Inverter (110V)
- Battery charger
- Propane shut-off valve
- Fume detector
- Vented propane locker
- Propane tanks
Deck and hull equipment
- The cockpit is spacious, wide, and well protected from the sun by the companionway cover, bimini top, and connecting canopy. Additional large sunshades provide further protection while at anchor.
- Cockpit cushions
- Cockpit table
- Fenders and dock lines
- Aluminum bottom dinghy with anchor
- Dinghy davits
- Swim platform with ladder
- Navigation lights
- Automatic masthead mooring light
- Secondary anchor
Sails and rigging
- Sails are in good condition and were serviced this year.
- Mainsail
- Jib
- Staysail
- Standing rigging replaced (2017)
- 316 stainless steel chainplates installed (2017)
Mechanical equipment
- Yanmar 4JH5E 54 HP diesel engine (940 hours)
- Max-Prop propeller
- Hydrovane windvane steering system (2026)
- Manual bilge pump
- Electric bilge pump
Safety equipment
- Fire extinguishers
- Emergency tiller on Hydrovane
- Lifelines
- Harnesses
Dinghy
- 10' aluminum Hypalon dinghy
- Yanmar 15 HP outboard
Tankage
- Fuel capacity: 57 US gallons
- Water capacity: 157 US gallons
- Holding tank capacity: approx. 20 US gallons
Owner's comments and boat history
- Under sail, the Island Packet 38 is surprisingly capable. Well-rigged and carrying a generous sail plan, she gets moving early in light winds despite her solid cruising displacement and heavy-duty construction.
Boat description equipment
- Self steering system added
- Chain plates have been replaced
- Full Foil Keel
- Dedicated stall shower
- High-capacity water and fuel tanks




























