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142data points analyzed by Sailpages.com to compile this ISLAND PACKET 380 buyer’s report
ISLAND PACKET 380

ISLAND PACKET 380

Island Packet Yachts🇺🇸· Design: Bob Johnson
$174,530 avg$15,000 – $230,000 (34 listings)1998–2004169 built
$2.2K – $5.9K est. annual maintenance

Specifications

Hull

LOA39.58 ft
LWL32 ft
Beam13.16 ft
Draft4.58 ft
Shoal Draft3.92 ft
Displacement21,000 lb
Ballast9,000.6 lb
Hull speed1.34·√LWL7.6 kn

Rig & Sails

Iforetriangle height50.16 ft
Jforetriangle base17.16 ft
Pmainsail luff42.83 ft
Emainsail foot15.16 ft
FLforestay17.2 ft
Mainsail781 sq ft
Jib (100%)430.4 sq ft
Spinnaker731.6 sq ft

Engine

Yanmar4JH3E56 hpSee all 62 parts →

About the ISLAND PACKET 380

Draft for CB version: 3.92' BU, 7.58' BD.

Sailpages Buyer's Take

Designed by Bob Johnson and built by Island Packet Yachts (USA) from 1998–2004, the Island Packet 380 is a robust cruising cutter with 169 hulls produced. Its full/long keel and 21000.0 lb displacement provide exceptional stability and seakeeping, making it a favorite for serious offshore passagemaking.

Best for:
This boat is ideal for bluewater cruisers and coastal explorers who prioritize safety, comfort, and self-sufficiency over high-speed performance. The high frequency of davit (55 mentions) and watermaker (23 mentions) installations indicates owners typically equip these vessels for extended, independent offshore voyages.
Bluewater capability:
With a capsize ratio of 1.91 and a comfort ratio of 30.6, the IP380 is highly capable offshore, supported by owner reports of extensive self-sufficiency upgrades like wind generators and solar panels.
Comparables:
Comparable boats include the Hallberg-Rassy 38 and the Tartan 3800, as they share similar full-keel designs, heavy displacement, and a focus on safe, comfortable offshore cruising. Like the IP380, these vessels are chosen for their proven seakeeping abilities rather than racing credentials.

Performance

Comfort30.6
Capsize1.91
SA/Disp18.7
Disp/Len286
Bal/Disp42.9

Estimated Value

Medium Confidence
Based on 18 listings
Low
$136,476
Estimated Value
$142,540
High
$153,263
Inflation-adjusted to 2026 USD

Asking price by model year

33 listings · boat years 19992004 · median $180,000

$0$100k$200kmedian $180,000200020051999 Island Packet 380 · $189,900 · Georgia, US1999 Island Packet 380 · $181,900 · Florida, US1999 Island Packet 380 · $181,900 · Florida, US2001 island packet 380 · $185,000 · Massachusetts, US2002 island packet 380 · $15,000 · Outside United States2001 Island Packet 380 · $150,000 · Outside United States1999 Island Packet 380 · $154,900 · Maryland, US2001 Island Packet IP380 · $199,000 · Oregon, US2001 Island Packet L380 Sold · $189,000 · US2000 Island Packet 380 · $225,000 · Outside United States2001 Island Packet 380 NEW SAILS · $224,900 · US2000 380 · $210,000 · FL, US2001 380 · $180,000 · NC, US2002 380 · $169,000 · SC, US2002 380 · $179,900 · FL, US2001 380 · $192,000 · MD, US1999 380 · $169,000 · MX2003 Island Packet 380 · $230,0002002 Island Packet 380 · $125,232 · South Carolina, United States2002 Island Packet island packet 380 · $154,000 · SC2002 Island Packet island packet 380 · $199,000 · NC2003 Island Packet island packet 380 · $209,950 · MD2002 Island Packet island packet 380 · $159,000 · SC2000 Island Packet island packet 380 · $210,000 · FL2001 Island Packet island packet 380 · $199,000 · MD2002 Island Packet island packet 380 · $194,900 · FL2002 Island Packet island packet 380 · $179,900 · FL2001 Island Packet island packet 380 · $149,000 · NC2001 Island Packet island packet 380 · $140,000 · VA1999 Island Packet island packet 380 · $134,9001999 Island Packet island packet 380 · $149,000 · FL2004 island packet 380 · $167,3072004 Island Packet 380 · $168,211 · 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 39.58ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.2K – $5.9K
Hull, rigging, sails, engine service
Annual Docking
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Articles & Reviews

Known Issues & Pre-Purchase Inspection

12 reported issues across 7 systems for the ISLAND PACKET 380, compiled from owner reports in sailing forums and owner-association material.

4 critical3 major5 minor
Structural3Rigging2Rudder2Engine2Deck1Hull1Keel1

Unlock the full inspection report

Thinking of buying a ISLAND PACKET 380? 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 12 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

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Engine Parts & Maintenance

The engines most commonly fitted to this model. “All parts” opens the engine's full catalogue; each part links to a matching listing on Amazon or eBay matched to its part number.

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Used sails that fit the ISLAND PACKET 380

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