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77data points analyzed by Sailpages.com to compile this CHEOY LEE 35 buyer’s report
CHEOY LEE 35

CHEOY LEE 35

$71,951 avg$17,000 – $97,426 (6 listings)1979–198370 built
$2.0K – $5.3K est. annual maintenance
Bluewater CruisermonoMasthead SloopFin
Cheoy Lee Association Web Site β†—

Specifications

Hull

LOA34.83 ft
LWL27.08 ft
Beam11.17 ft
Draft5.33 ft
Displacement14,300 lb
Ballast5,199.5 lb
Hull speed1.34·√LWL7.0 kn

Rig & Sails

Iforetriangle height45.5 ft
Jforetriangle base14.5 ft
Pmainsail luff40.4 ft
Emainsail foot11.6 ft
FLforestay14.5 ft
Mainsail582.9 sq ft
Jib (100%)329.9 sq ft
Spinnaker560.8 sq ft
SA total605.5 sq ft

About the CHEOY LEE 35

Available as a Ketch. Sail area: 605.5 ftΒ² / 56.25 mΒ²

Sailpages Buyer's Take

Designed by Robert Perry and built by Cheoy Lee Shipyard Ltd.(HK) from 1979–1983, the Cheoy Lee 35 is a robust cruising sloop with 70 hulls produced. Its heavy displacement of 14300.0 lb and high comfort ratio of 30.21 reflect a design prioritizing stability and seakeeping over pure speed.

Best for:
This boat suits coastal and offshore cruisers who value a solid, motion-dampened ride and are prepared for significant maintenance, particularly regarding structural integrity and mechanical systems.
Bluewater capability:
With a low capsize ratio of 1.84 and substantial ballast of 5199.5 lb, the boat is inherently stable for offshore passages, though its bluewater readiness depends heavily on addressing critical structural and mechanical wear.
Comparables:
Comparable to other heavy-displacement fin-keel sloops from the late 1970s and early 1980s, such as the Cal 34 or O'Day 36, due to similar beam (11.17 ft) and displacement characteristics that favor comfort in chop.

Performance

Comfort30.2
Capsize1.84
SA/Disp15.4
Disp/Len321
Bal/Disp36.4

Estimated Value

Low Confidence
Based on 6 listings
Low
$28,641
Estimated Value
$62,217
High
$62,217
Boats sell for ~0% below asking price (based on 1 actual sale) Β· Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 34.83ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.0K – $5.3K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

22 reported issues across 9 systems for the CHEOY LEE 35, compiled from owner reports in sailing forums and owner-association material.

6 critical8 major8 minor
Structural5Deck5Engine3Rudder2Hull2Rigging2Keel1Electrical1Plumbing1

Unlock the full inspection report

Thinking of buying a CHEOY LEE 35? This is an in-depth report on the faults this model is known for β€” so you know exactly what to check when you walk the boat. For the price of a coffee.

  • βœ“ All 22 specific issues β€” severity, symptoms & fixes
  • βœ“ Model-specific pre-purchase inspection checklist
  • βœ“ Downloadable PDF to take to your surveyor β€” yours to keep

One-time $2.99 Β· secure checkout by Stripe Β· instant access Β· 30 days online, PDF yours to keep

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Which engine powers your CHEOY LEE 35?

We haven't confirmed the engine for this model yet. If you own or know one, tell us β€” as owners report in, we build an accurate picture over time.

Brands sometimes mentioned for this model: Yanmar, Westerbeke, Perkins, Universal β€” is it one of these?

Already know your engine? Search all engines β†’ to find its exact parts.

Used sails that fit the CHEOY LEE 35

Checking eBay for sails sized to this boat's rig…