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30data points analyzed by Sailpages.com to compile this ISLAND TRADER 46 buyerโ€™s report
ISLAND TRADER 46

ISLAND TRADER 46

$113,943 avg$68,885 โ€“ $159,000 (2 listings)from 1981
$4.2K โ€“ $11K est. annual maintenance
Bluewater CruisermonoMasthead KetchFull/Long

Specifications

Hull

LOA45.5 ft
LWL39.75 ft
Beam15.17 ft
Draft5.5 ft
Displacement48,363 lb
Ballast8,502.2 lb
Hull speed1.34ยทโˆšLWL8.4 kn

About the ISLAND TRADER 46

On the brochure, these boats were listed as 'Trawler Sailers'.

Sailpages Buyer's Take

The Island Trader 46 is a robust, heavy-displacement ketch designed by Floyd Ayers and built by Marine Trading International in Taiwan, with production records indicating a build year of 1981. With a displacement of 48363.0 lb and a full/long keel, this vessel represents a classic, conservative approach to offshore cruising comfort and stability.

Best for:
This boat is ideally suited for experienced coastal and offshore cruisers who prioritize seakeeping and comfort over speed, particularly those seeking a stable platform for long-range passages.
Bluewater capability:
With a high displacement of 48363.0 lb, a low capsize ratio of 1.67, and a full/long keel, the Island Trader 46 is well-regarded for its offshore stability and ability to handle heavy weather with confidence.
Comparables:
Comparable vessels include other heavy-displacement ketches from the late 1970s and early 1980s, such as the Hallberg-Rassy 46 or the O'Day 46, which share similar full-keel designs and conservative sail plans aimed at safe offshore passage making.

Performance

Comfort48.2
Capsize1.67
SA/Disp7.8
Disp/Len344
Bal/Disp17.6

Estimated Value

Limited Data
Based on 2 listings
Low
$71,028
Estimated Value
$88,533
High
$106,038
Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 45.5ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$4.2K โ€“ $11K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

3 reported issues across 3 systems for the ISLAND TRADER 46, compiled from owner reports in sailing forums and owner-association material.

2 critical1 major
Structural1Hull1Deck1

Unlock the full inspection report

Thinking of buying a ISLAND TRADER 46? This is an in-depth report on the faults this model is known for โ€” so you know exactly what to check when you walk the boat. For the price of a coffee.

  • โœ“ All 3 specific issues โ€” severity, symptoms & fixes
  • โœ“ Model-specific pre-purchase inspection checklist
  • โœ“ Downloadable PDF to take to your surveyor โ€” yours to keep

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

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Used sails that fit the ISLAND TRADER 46

Checking eBay for sails sized to this boat's rigโ€ฆ