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18data points analyzed by Sailpages.com to compile this ISLAND SPIRIT 40 buyer’s report
ISLAND SPIRIT 40

ISLAND SPIRIT 40

$240,246 avg$235,000 – $242,869 (3 listings)2003–2005
$2.2K – $5.9K est. annual maintenance
Catamaran / MultihullmultiFractional SloopTwin/Triple

Specifications

Hull

LOA39.66 ft
LWL38 ft
Beam22.08 ft
Draft3 ft
Displacement17,199 lb
Hull speed1.34·√LWL8.3 kn

Rig & Sails

Mainsail579 sq ft
Jib (100%)329 sq ft
Spinnaker1,019 sq ft

About the ISLAND SPIRIT 40

Also known as the IS 400. Similar to the Island Spirit 37 but with extended transom sugar scoops and stairs. Water tank column above is for the 4 cabin version. 3 cabin version water tank: 600 liters / 158.5 gal. Sail area: -Main: 579 ft² / 53.8 m² -Genoa: 329 ft² / 30.6 m² -Asymetric Spinnaker: 1019 ft² / 94.7 m²

Sailpages Buyer's Take

The Island Spirit 40 is a South African-built catamaran designed by Phil Southwell and constructed by Fortuna Catamarans between 2003 and 2005. With a displacement of 17199.0 lb and a beam of 22.08 ft, this model represents a specific era of production with an unknown total build count.

Best for:
This vessel suits coastal cruisers and those seeking a stable, wide-beamed platform for relaxed cruising, given its fractional sloop rig and moderate comfort ratio of 11.21.
Bluewater capability:
With a low capsize ratio of 3.43 and a displacement of 17199.0 lb, the hull form suggests reasonable offshore stability, though specific bluewater history is limited in the available data.
Comparables:
Comparable boats include other early-2000s South African catamarans like the Lagoon 400 or Fountaine-Pajot models, as they share similar production eras and dual-hull configurations aimed at the cruising market.

Performance

Comfort11.2
Capsize3.43
SA/Disp21.9
Disp/Len140

Estimated Value

Low Confidence
Based on 3 listings
Low
$172,652
Estimated Value
$172,652
High
$177,623
Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 39.66ft 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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Annual Insurance
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Articles & Reviews

Known Issues & Pre-Purchase Inspection

1 reported issues across 1 systems for the ISLAND SPIRIT 40, compiled from owner reports in sailing forums and owner-association material.

1 major
Safety1

Unlock the full inspection report

Thinking of buying a ISLAND SPIRIT 40? 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 1 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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Used sails that fit the ISLAND SPIRIT 40

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