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15data points analyzed by Sailpages.com to compile this COBRA 700 buyer’s report
COBRA 700

COBRA 700

Cobra Yachts🇬🇧· Design: David Feltham
$5,189 avg$5,046 – $5,376 (5 listings)from 198050 built
$800 – $2.2K est. annual maintenance
Catamaran / MultihullmonoMasthead SloopTwin/Triple
Cobra and Seawolf Owners Association

Specifications

Hull

LOA23 ft
LWL18.33 ft
Beam8.75 ft
Draft3 ft
Displacement4,250 lb
Ballast2,000.1 lb
Hull speed1.34·√LWL5.7 kn

Rig & Sails

Mainsail105 sq ft
Jib (100%)190 sq ft
Spinnaker430 sq ft

Engine

CommonlyUniversal, Mitsubishi, Ford, BMW, Volkswagen

About the COBRA 700

Available with a fin keel. draft: 1.22m / 4 ft. Reported sail area = main + #2 Genoa. Sail area: Main: 105 ft² / 9.76 m² #1 Genoa: 190 ft² / 17.67 m² #2 Genoa: 140 ft² / 13.02 m² Working Jib; 100 ft² / 9.30 m² Storm Jib: 50 ft² / 4.65 m² Spinnaker: 430 ft² / 40 m² Many were completed from kits. Thanks to Cobra 700 owner Chaz Richards for sending additional information.

Sailpages Buyer's Take

Designed by David Feltham and built by Cobra Yachts (UK), the Cobra 700 is a compact 23.0 ft masthead sloop with a production run of 50 hulls starting in 1980. Its lightweight displacement of 4250.0 lb and high sail area-to-displacement ratio of 14.98 suggest a performance-oriented design focused on speed rather than heavy cruising comfort.

Best for:
This boat suits coastal cruisers and day sailors who prioritize agility and ease of handling over heavy offshore protection. Its relatively narrow beam of 8.75 ft and shallow max draft of 3.0 ft make it ideal for trailerable use and access to shallow anchorages.
Bluewater capability:
With a low displacement of 4250.0 lb and a capsize ratio of 2.16, the Cobra 700 is not well-suited for serious bluewater passagemaking. Its light build and short LWL of 18.33 ft indicate it is designed for protected coastal waters rather than open ocean conditions.
Comparables:
Comparable boats include other 1980s trailerable performance sloops like the O'Day 23 or Catalina 22, which share similar dimensions and roles. These vessels are comparable due to their similar LOA of approximately 23 ft and focus on club racing and weekend cruising.

Performance

Comfort18.5
Capsize2.16
SA/Disp15.0
Disp/Len308
Bal/Disp47.1

Estimated Value

Limited Data
Based on 2 listings
Low
$3,921
Estimated Value
$4,007
High
$4,092
Inflation-adjusted to 2026 USD

Asking price by model year

6 listings · boat years 19802023 · median $5,073

$0$100k$200kmedian $5,0731980198519901995200020052010201520201980 Cobra 700 · $3,995 · United Kingdom2023 Cobra 9.7 · $199,995 · Hampshire, United Kingdom1980 Cobra 700 · $3,9951980 cobra 700 · $5,0461980 1980 Cobra 700 · $5,0731980 Cobra 700 · $5,073 · United KingdomAsking price (USD)Boat model year

Each dot is one listing · hover for details · dashed red line marks the median · obvious data-entry outliers (top & bottom 2.5%) excluded.

Estimated Cost of Ownership

Based on 23ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$800 – $2.2K
Hull, rigging, sails, engine service
Annual Docking
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Known Issues & Pre-Purchase Inspection

2 reported issues across 2 systems for the COBRA 700, compiled from owner reports in sailing forums and owner-association material.

1 critical1 major
Rigging1Rudder1

Unlock the full inspection report

Thinking of buying a COBRA 700? This is an in-depth report on the faults this model is known for — so you know exactly what to check when you walk the boat. For the price of a coffee.

  • All 2 specific issues — severity, symptoms & fixes
  • Model-specific pre-purchase inspection checklist
  • Downloadable PDF to take to your surveyor — yours to keep

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

Similar Sailboats

Which engine powers your COBRA 700?

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

Brands sometimes mentioned for this model: Universal, Mitsubishi, Ford, BMW — is it one of these?

Already know your engine? Search all engines → to find its exact parts.

Used sails that fit the COBRA 700

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