1986 Island Packet 38 (Sint Maarten)

26 Contact Broker
$84,900 (USD) Marigot Bay, Sint Maarten (Dutch Part) (Sint Maarten)

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

NameS/V Halcyon
MakeIsland Packet
Model38
Year1986
TypeMonohull Sailboat
BuilderIsland Packet
DesignerBob Johnson
ConstructionFiberglass
Cabins2
Heads2
GalleyAmidships to starboard

Dimensions

Loa38ft / 11.58m
Lwl33ft / 10.06m
Beam12ft 6in / 3.81m
Headroom6 ft 6 in
Draft4ft 0in / 1.22m -> 8ft 0in / 2.44m
Mast Height54ft 0in

Tankage

Fuel Tanks57 gallons
Water Tanks157 gallons
Holding Tanks20

Performance

Engines54HP Yanmar 4JH5E 2018
Engine Hours939
Wiring110V
Displacement21500 lbs
Speed7.7 kn
SailsMainsail, jib, staysail

Layout Diagram

diagram, Island Packet 38, sailboat for sale

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

Exterior Photos

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Deck Photos

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Interior Photos

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Other Photos

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Reg Bates

By Reg Bates

In 1977, a life-changing invitation to sail in the Bahamas sparked a lifelong passion for boating. This led to the purchase of a Shark-class sailboat and enrollment in Humber College’s Yachting Studies Program. A pivotal refit project on a Sparkman & Stephens 48’ Yawl led to offshore sailing and a charter business in the USVI. With decades of brokerage experience in the Caribbean and Canada, expertise spans yacht valuation, sales, and guiding clients through life-changing sailing adventures. A resident of St. Maarten, an active sailor, and a longtime industry professional, he shares knowledge to help buyers and sellers alike.

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