Description

Halcyon is an upgraded version of the IP 38. She has had recently 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. Exceptional seaworthiness and a comfortable motion in heavy seas. The "Full Foil Keel" offers superior protection for the propeller and rudder. Spacious, well-ventilated interior with a dedicated stall shower. High-capacity water and fuel tanks 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.

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

Owners 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.