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12data points analyzed by Sailpages.com to compile this OFFSHORE 40 (CHEOY LEE) buyer’s report
OFFSHORE 40 (CHEOY LEE)

OFFSHORE 40 (CHEOY LEE)

Cheoy Lee Shipyard Ltd.🇭🇰· Design: Philip Rhodes
1964–1976156 built
$2.8K – $7.5K est. annual maintenance
Bluewater CruisermonoMasthead SloopFull/Long
Cheoy Lee Association Web Site ↗

Specifications

Hull

LOA39.75 ft
LWL28 ft
Beam10.75 ft
Draft6 ft
Displacement20,720 lb
Ballast7,900.5 lb
Hull speed1.34·√LWL7.1 kn

About the OFFSHORE 40 (CHEOY LEE)

Also known as the EMPIRE 40 and a variant of the RHODES RELIANT 41, all from the same builder. The OFFSHORE/EMPIRE 40 was created in an effort to reduce costs of contruction and design royalties of the RHODES RELIANT. Although from the same basic tooling, the OFFSHORE 40 has iron instead of lead ballast, and differences in other construction details. Sold as a sloop or yawl. In the mid 1970's, Cheoy Lee Yard built another OFFSHORE 40 (variously designated as the OFFSHORE 4O MKII and then OFFSHORE 41), which was a different boat entirely and thought to be designed by Raymond Richards). See OFFSHORE 41. (Variants of both the Rhodes and Richards design were at one time offered at one time or another under the names OFFSHORE 40 and OFFSHORE 41.) Also offered with a yawl rig. Photo from original Cheoy Lee literature.

Performance

Comfort43.0
Capsize1.57
SA/Disp15.8
Disp/Len421
Bal/Disp38.1

Pricing

We don't have market pricing data for the OFFSHORE 40 (CHEOY LEE) yet. If you own one, help other buyers — what did you pay for it? Reports build a community price estimate over time.

Estimated Cost of Ownership

Based on 39.75ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$2.8K – $7.5K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
N/A
No price data available

Known Issues & Pre-Purchase Inspection

1 reported issues across 1 systems for the OFFSHORE 40 (CHEOY LEE), compiled from owner reports in sailing forums and owner-association material.

1 major
Deck1

Unlock the full inspection report

Thinking of buying a OFFSHORE 40 (CHEOY LEE)? 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 1 specific issues — severity, symptoms & fixes
  • ✓ Model-specific pre-purchase inspection checklist
  • ✓ Downloadable PDF to take to your surveyor — yours to keep

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Which engine powers your OFFSHORE 40 (CHEOY LEE)?

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Used sails that fit the OFFSHORE 40 (CHEOY LEE)

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