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116data points analyzed by Sailpages.com to compile this MOODY S38 buyer’s report
MOODY S38

MOODY S38

Marine Projects Ltd.🇬🇧· Design: Bill Dixon
$99,760 avg$94,145 – $110,363 (6 listings)1995–199860 built
$2.3K – $6.0K est. annual maintenance
Offshore CruisermonoMasthead SloopFin

Specifications

Hull

LOA39 ft
LWL32.5 ft
Beam12.92 ft
Draft6.25 ft
Displacement19,064 lb
Ballast6,500.8 lb
Hull speed1.34·√LWL7.6 kn

Rig & Sails

Iforetriangle height49.25 ft
Jforetriangle base14.33 ft
Pmainsail luff47.58 ft
Emainsail foot15.5 ft
FLforestay14.3 ft
Mainsail751.1 sq ft
Jib (100%)352.9 sq ft
Spinnaker599.9 sq ft

About the MOODY S38

Also available with fractional rig. 2 different interior layouts.

Sailpages Buyer's Take

Designed by Bill Dixon and built by Marine Projects Ltd. (UK) between 1995 and 1998, the Moody S38 is a robust coastal cruiser with a total production run of 60 hulls. Its design emphasizes comfort and stability, reflected in a high comfort ratio of 28.32 and a displacement of 19064.0 lb, making it a substantial vessel for its 39.0 ft length overall.

Best for:
This boat is best suited for coastal cruisers and those seeking a comfortable, stable passage-making vessel, as evidenced by the high frequency of davit (85 mentions) and watermaker (19 mentions) installations indicating a focus on extended stays and self-sufficiency. The prevalence of solar panels (19 mentions) and bow thrusters (17 mentions) further suggests owners prioritize ease of handling and off-grid capability.
Bluewater capability:
With a capsize ratio of 1.94 and a displacement of 19064.0 lb, the S38 demonstrates strong inherent stability and offshore suitability, a view supported by owner investments in bluewater gear such as watermakers and wind generators. However, the high frequency of keel smile and sump cracking reports (19 mentions) requires careful structural verification before considering serious offshore passages.
Comparables:
Comparable vessels include other Bill Dixon designs from the mid-1990s and similarly heavy-displacement fin-keel sloops like the Hallberg-Rassy 38 or Nauticat 383, which share the S38's emphasis on seaworthiness and interior volume. The S38's specific combination of a 12.92 ft beam and 19064.0 lb displacement places it in the category of heavy, stable cruisers rather than performance racers.

Performance

Comfort28.3
Capsize1.94
SA/Disp16.3
Disp/Len248
Bal/Disp34.1

Estimated Value

Low Confidence
Based on 6 listings
Low
$68,667
Estimated Value
$75,205
High
$78,373
Inflation-adjusted to 2026 USD

Asking price by model year

8 listings · boat years 19861997 · median $69,950

$0$50k$100kmedian $69,9501985199019951996 Moody S38 · $82,000 · Cumbria, United Kingdom1996 Moody S38 · $69,950 · United Kingdom1997 Moody S38 · $69,950 · Southampton, United Kingdom1987 Moody 28 · $19,5001986 moody 28 · $19,9951996 Moody S38 · $85,0001997 Moody S38 · $79,0001996 Moody S38 · $69,950Asking 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 39ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.3K – $6.0K
Hull, rigging, sails, engine service
Annual Docking
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Articles & Reviews

Known Issues & Pre-Purchase Inspection

8 reported issues across 6 systems for the MOODY S38, compiled from owner reports in sailing forums and owner-association material.

3 critical1 major4 minor
Rudder2Structural2Deck1Hull1Keel1Electrical1

Unlock the full inspection report

Thinking of buying a MOODY S38? 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 8 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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Which engine powers your MOODY S38?

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: Yanmar, Perkins, Volvo — is it one of these?

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Used sails that fit the MOODY S38

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