GOLDEN WAVE 38
Specifications
Hull
| LOA | 38.33 ft |
| LWL | 30.83 ft |
| Beam | 11.79 ft |
| Draft | 6 ft |
| Displacement | 19,025 lb |
| Ballast | 6,700.6 lb |
| Hull speed1.34·√LWL | 7.4 kn |
About the GOLDEN WAVE 38
Probably the same a Cheoy Lee model sold as the PEDRICK 38.
The Golden Wave 38 is a 38.33 ft masthead sloop designed by David Pedrick and built by Cheoy Lee Shipyard Ltd. (HK) in 1983. With a displacement of 19025.0 lb and a comfort ratio of 33.25, this vessel represents a substantial, heavy-displacement cruising platform from the early 1980s.
- Best for:
- This boat is best suited for coastal and offshore cruisers who prioritize stability and comfort over high-speed performance, particularly those seeking a robust, traditional sailing experience.
- Bluewater capability:
- With a low capsize ratio of 1.77 and a high displacement-to-length ratio of 289.84, the Golden Wave 38 demonstrates strong inherent stability and seaworthiness suitable for bluewater passages.
- Comparables:
- Comparable vessels include the Cal 40 and the Island Packet 38, as they share similar heavy displacement characteristics, fin keel configurations, and a focus on safe, comfortable cruising rather than racing.
Direct variant of the GOLDEN WAVE 38
Near-identical models — same hull, builder and designer, re-badged or lightly changed. Specs and owner-reported issues are typically shared across the group, so a sister model's page may carry detail this one doesn't.
Performance
Market Price
Estimated Cost of Ownership
Based on 38.33ft LOA. Actual costs vary by condition, usage, and local rates.
Known Issues & Pre-Purchase Inspection
We don't have enough data on the GOLDEN WAVE 38yet to publish model-specific findings we'd stand behind — but here's a free general inspection checklist, built from our research into what actually goes wrong on boats of this kind.
Drawn from 7,029 documented issues across 2,391 models, ordered so the areas that most often turn up problems come first.
Own a GOLDEN WAVE 38? Reports from owners are what turn this into a model-specific checklist — and they're the reason the boats above it have one.
Similar Sailboats
Which engine powers your GOLDEN WAVE 38?
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Used sails that fit the GOLDEN WAVE 38
Checking eBay for sails sized to this boat's rig…