โ† Browse all sailboats
34data points analyzed by Sailpages.com to compile this MORGAN 381 (CATALINA) buyerโ€™s report
MORGAN 381 (CATALINA)

MORGAN 381 (CATALINA)

Catalina Yachts๐Ÿ‡บ๐Ÿ‡ธยท Design: Gerry Douglas
2001โ€“2005
$2.2K โ€“ $5.9K est. annual maintenance
Bluewater CruisermonoMasthead SloopFin

Specifications

Hull

LOA39.67 ft
LWL32.42 ft
Beam12.33 ft
Draft4.83 ft
Displacement19,500 lb
Ballast7,300.8 lb
Hull speed1.34ยทโˆšLWL7.6 kn

Rig & Sails

Pmainsail luff19.78 ft
Emainsail foot15.68 ft

About the MORGAN 381 (CATALINA)

Originally called MORGAN 38MKII (1997). Winged Keel verson is standard. Deeper fin keel version: Draft: 7.17', Disp.: 19000 lbs., Bal.: 6800 lbs.

Sailpages Buyer's Take

The Morgan 381, designed by Gerry Douglas and built by Catalina Yachts (USA) from 2001โ€“2005, is a robust coastal cruiser with a displacement of 19500.0 lb and a comfort ratio of 30.7. While the exact hulls built count is unspecified, the model represents a specific era of Catalina production known for combining traditional cruising comfort with modern amenities.

Best for:
This boat is best suited for coastal cruisers and couples seeking a comfortable, stable passage-making vessel with a spacious interior, rather than high-performance racers or extreme bluewater expeditions.
Bluewater capability:
With a capsize ratio of 1.84 and a D/L ratio of 255.47, the Morgan 381 offers moderate offshore stability suitable for coastal and near-shore passages, though its fin keel and moderate displacement suggest it is not optimized for heavy-weather bluewater voyaging.
Comparables:
Comparable boats include the Catalina 380 and the Hunter 38, as they share similar length overall (39.67 ft) and beam (12.33 ft) dimensions, offering similar interior volume and coastal cruising capabilities from the same era.

Performance

Comfort30.7
Capsize1.84
SA/Disp15.5
Disp/Len255
Bal/Disp37.4

Pricing

We don't have market pricing data for the MORGAN 381 (CATALINA) yet. If you own one, help other buyers โ€” what did you pay for it? Reports build a community price estimate over time.

Estimated Cost of Ownership

Based on 39.67ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.2K โ€“ $5.9K
Hull, rigging, sails, engine service
Annual Docking
Enter zip code
Pick a country or enter a US zip for local rates
Annual Insurance
N/A
No price data available

Known Issues & Pre-Purchase Inspection

5 reported issues across 5 systems for the MORGAN 381 (CATALINA), compiled from owner reports in sailing forums and owner-association material.

4 critical1 minor
Structural1Rudder1Rigging1Engine1Hull1

Unlock the full inspection report

Thinking of buying a MORGAN 381 (CATALINA)? 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 5 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

Similar Sailboats

Which engine powers your MORGAN 381 (CATALINA)?

We haven't confirmed the engine for this model yet. If you own or know one, tell us โ€” as owners report in, we build an accurate picture over time.

Brands sometimes mentioned for this model: Yanmar โ€” is it one of these?

Already know your engine? Search all engines โ†’ to find its exact parts.

Used sails that fit the MORGAN 381 (CATALINA)

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