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311data points analyzed by Sailpages.com to compile this MORGAN 34 buyer’s report
MORGAN 34

MORGAN 34

Morgan Yachts🇺🇸· Design: Charles Morgan
$24,979 avg$4,500 – $51,000 (10 listings)from 1965400 built
$2.0K – $5.3K est. annual maintenance
Bluewater CruisermonoMasthead SloopVariableFull/Long

Specifications

Hull

LOA34 ft
LWL24.75 ft
Beam10 ft
Draft7.92 ft/ 3.25 ft min
Displacement12,500 lb
Ballast5,200 lb
Hull speed1.34·√LWL6.7 kn

Rig & Sails

Iforetriangle height40.75 ft
Jforetriangle base13.25 ft
Pmainsail luff35.08 ft
Emainsail foot15.67 ft
FLforestay13.3 ft
Mainsail566.8 sq ft
Jib (100%)270 sq ft
Spinnaker458.9 sq ft

About the MORGAN 34

The MORGAN 34 was the first real production yacht from Morgan Yachts and among the most successful. A few later versions had a separated rudder on skeg. Some later boats were sold as kits. Early boats had bronze centerboards. Later on this was changed to fiberglass. Charles Morgan owned his own MORGAN 34 for many years.

Sailpages Buyer's Take

Designed by Charles Morgan and built by Morgan Yachts (USA) in 1965, the Morgan 34 is a classic heavy-displacement cruiser with a total production of 400 hulls. Owner reports highlight its robust construction and comfortable motion, though they consistently flag critical maintenance needs regarding the deck core and rudder systems.

Best for:
This boat is best suited for coastal cruisers and those seeking a stable, heavy-displacement platform for relaxed passage-making, rather than high-performance racing or extreme bluewater expeditions without significant refit.
Bluewater capability:
With a displacement of 12500.0 lb and a capsize ratio of 1.73, the Morgan 34 offers inherent stability and safety for offshore passages, provided the critical structural issues in the deck and rudder are addressed.
Comparables:
Comparable boats from the same era include the Cal 34 and O'Day 35, which share similar heavy-displacement characteristics and coastal cruising roles, though the Morgan 34 is often noted for its superior interior volume and build quality.

Performance

Comfort32.7
Capsize1.73
SA/Disp16.3
Disp/Len368
Bal/Disp41.6

Estimated Value

Low Confidence
Based on 8 listings
Low
$13,804
Estimated Value
$21,902
High
$30,637
Boats sell for ~0% below asking price (based on 1 actual sale) · Inflation-adjusted to 2026 USD

Asking price by model year

11 listings · boat years 19661984 · median $25,000

$0$20k$40k$60kmedian $25,000196519701975198019851966 Morgan 34 · $13,000 · Maine, US1983 Morgan 384 · $25,000 · Maryland, US1966 Morgan 34 · $15,000 · Massachusetts, US1984 Morgan 384 · $51,000 · US1966 Morgan Morgan 34 · $25,000 · New York, US1984 morgan 384 · $40,000 · Outside United States1973 Morgan 34 · $4,500 · Texas, US1968 Morgan 34 · $15,0001967 Morgan 34 · $29,577 · Florida, Florida, United States1966 Morgan morgan 34 mar · $18,500 · WI1967 Morgan 34 · $38,214 · Florida, United StatesAsking 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 34ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.0K – $5.3K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

23 reported issues across 8 systems for the MORGAN 34, compiled from owner reports in sailing forums and owner-association material.

6 critical10 major7 minor
Keel7Rudder3Hull3Structural3Engine3Rigging2Deck1Plumbing1

Unlock the full inspection report

Thinking of buying a MORGAN 34? 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 23 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 MORGAN 34?

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, Universal, Atomic 4, Westerbeke — is it one of these?

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Used sails that fit the MORGAN 34

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