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21data points analyzed by Sailpages.com to compile this MORGAN 45 buyer’s report
MORGAN 45

MORGAN 45

Morgan Yachts🇺🇸· Design: Charles Morgan
$29,538 avg$19,750 – $39,900 (4 listings)1966–197012 built
$3.8K – $10K est. annual maintenance
Bluewater CruisermonoMasthead SloopFull/Long

Specifications

Hull

LOA45.67 ft
LWL31.42 ft
Beam11 ft
Draft6.08 ft
Displacement25,000 lb
Ballast12,000 lb
Hull speed1.34·√LWL7.5 kn

Rig & Sails

Iforetriangle height50.5 ft
Jforetriangle base17.5 ft
Pmainsail luff44.5 ft
Emainsail foot20.25 ft
PYmizzen luff29.1 ft
EYmizzen foot10.66 ft
FLforestay17.5 ft
Mainsail928.5 sq ft
Jib (100%)441.9 sq ft
Spinnaker751.2 sq ft

About the MORGAN 45

Tooling was later used to build the STARRAT & JENKS 45.

Sailpages Buyer's Take

The Morgan 45 is a rare, heavy-displacement cruising sloop designed by Charles Morgan and built by Morgan Yachts (USA) between 1966 and 1970. With only 12 hulls constructed, this exclusive vessel features a full/long keel and a displacement of 25000.0 lb, reflecting its pedigree as a serious offshore cruiser from the mid-1960s.

Best for:
This boat is best suited for experienced coastal and offshore cruisers who prioritize seakeeping and comfort over speed, particularly those who appreciate the security of a full keel and are prepared to maintain a rare, low-production vessel.
Bluewater capability:
With a capsize ratio of 1.51 and a displacement of 25000.0 lb, the Morgan 45 is well-suited for bluewater passage making, offering exceptional stability and motion comfort in heavy seas typical of its full/long keel design.
Comparables:
Comparable boats include the Tartan 42 and the O'Day 40, which share similar heavy-displacement characteristics and full-keel designs from the same era, offering robust coastal cruising capabilities with comparable comfort ratios.

Performance

Comfort44.4
Capsize1.51
SA/Disp16.8
Disp/Len360
Bal/Disp48.0

Estimated Value

Low Confidence
Based on 4 listings
Low
$16,181
Estimated Value
$23,698
High
$31,241
Inflation-adjusted to 2026 USD

Asking price by model year

5 listings · boat years 19671992 · median $38,500

$0$50k$100kmedian $38,500197019751980198519901967 Morgan M45 · $20,000 · Florida, US1976 Morgan 45 · $19,750 · Outside United States, CA1978 Morgan S&J 45 · $39,900 · New York, US1972 Morgan 45 · $38,500 · Outside United States, CA1992 Morgan 45 · $127,000 · CA, USAsking 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 45.67ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$3.8K – $10K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

4 reported issues across 2 systems for the MORGAN 45, compiled from owner reports in sailing forums and owner-association material.

1 critical2 major1 minor
Keel3Rudder1

Unlock the full inspection report

Thinking of buying a MORGAN 45? 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 4 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 MORGAN 45

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