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1978 Cheoy Lee Offshore

Year: 1978
Location: Portobelo, Panama
LOA: 42 ft

Currency

$27,000

First listed 3,413 days ago — long on market

OnlyHulls re-checks listings regularly. If the asking price changes, the trend will show here.

$643/ftvs $2,333/ft median

72% below

Segment: Monohulls 40-49 ft · 1,912 comparable boats on OnlyHulls.

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Sailboat Listings

Original Listing

$27,000

Opens the listing on Sailboat Listings. The seller or their broker handles enquiries there.

What happens next

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Listing Description

42ft LOA, ketch rig, monohull.

At a glance

Key facts about the setup and how it compares.

Setup: 42 ft LOA, Monohull, Ketch.

The listing signals offshore passages.

You can compare it with 3 similar boats in this market before reaching out.

Why look at this boat?

Honest signals — only what the data supports.

Positive signal: Priced 72% below the median for monohulls 40-49 ft on OnlyHulls — $643/ft vs $2,333/ft median across 1,912 comparable listings.
Caution: Listed for 3413 days — long on market may indicate pricing or condition issues worth checking, but can also create room for negotiation.
Aggregated from Sailboat Listings; click through to see the seller's original listing.

Specifications

Year1978

LOA42 ft

Boat TypeMonohull

Rig TypeKetch

Character

Budget-FriendlyBluewaterClassic

Listing trust

SourceImported from Sailboat Listings

Photos10 images

VideoNone attached

Location confidenceSpecific location provided

Last verified today

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Real market context — what comparable boats were asking before they left.

1968 Cheoy Lee Classic Offshore$16,500
Moored In St. John US Virgin Islands . Hauled Out Every Year For Hurricane Season. Has New Bottom Paint And Topsides Paint. New Prop And Drive Shaft, Many New And Replaced Items. Engine Is A Volvo Penta 30 Hp And In Great Running Condition. 3 Sails Are All In Great Condition. Burgundy Sail Covers, Dodger And Cockpit Awning. Also Has A Like New Caribe C12 X Inflatable Dinghy With An Older 15 Hp Two Stroke Yamaha Outboard Selling Separately! Asking 5k . Ready To Sail Away!Sold· since Sep 7, 2026

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