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125data points analyzed by Sailpages.com to compile this S2 10.3 buyer’s report
S2 10.3

S2 10.3

S2 Yachts🇺🇸· Design: Graham & Schlageter
$24,833 avg$18,000 – $30,000 (3 listings)1982–198745 built
$1.8K – $4.8K est. annual maintenance
Racer/CruisermonoMasthead SloopFin

Specifications

Hull

LOA33.75 ft
LWL28 ft
Beam11.33 ft
Draft6.16 ft
Displacement10,500 lb
Ballast4,500.3 lb
Hull speed1.34·√LWL7.1 kn

Rig & Sails

Iforetriangle height45 ft
Jforetriangle base13.5 ft
Pmainsail luff40 ft
Emainsail foot13 ft
FLforestay13.5 ft
Mainsail584.6 sq ft
Jib (100%)303.8 sq ft
Spinnaker516.4 sq ft

About the S2 10.3

Shallow draft: 4.92'.

Sailpages Buyer's Take

Designed by Graham & Schlageter and built by S2 Yachts (USA) between 1982–1987, the S2 10.3 is a compact, performance-oriented cruiser with a production run of 45 hulls. Owner reports highlight its responsive handling and efficient sail plan, though the fleet requires vigilant maintenance of structural components like the deck core and mast step.

Best for:
This boat suits coastal cruisers and weekend racers who prioritize sailing performance and ease of single-handed handling, provided they are prepared for proactive structural maintenance. It is less ideal for those seeking a low-maintenance, plug-and-play vessel due to the prevalence of age-related rot issues in the fleet.
Bluewater capability:
With a capsize ratio of 2.07 and a displacement of 10500.0 lb, the S2 10.3 is capable of coastal passages and protected offshore cruising, but its relatively light displacement and fin keel configuration suggest it is not optimized for heavy-weather bluewater passages without significant reinforcement of the rudder and mast step.
Comparables:
Comparable boats include the Cal 32 and O'Day 32, which share similar displacement and era, but the S2 10.3 distinguishes itself with a lighter displacement (10500.0 lb) and a more performance-focused hull form designed by Graham & Schlageter. It also competes with the Pearson 303, though the S2 offers a more modern rigging setup often upgraded with Harken hardware.

Performance

Comfort21.5
Capsize2.07
SA/Disp18.9
Disp/Len214
Bal/Disp42.9

ORC Performance Data(3 certificates)

Measured performance data from ORC (Offshore Racing Congress) certificates.

Polar Diagram

24680°30°60°90°120°150°180°WIND
6kn8kn10kn12kn14kn16kn20knbeat VMGrun VMG

Boat speed (kn) vs. true wind angle. Source: ORC

Racing Ratings

GPH658.5 s/miOSN640.8

Triple Number

LowMedHighOffshore0.81281.02291.1271Inshore0.63560.84070.9537

ORC Measured

Displacement4834 kg (10658 lb)Wetted surface22.9 m² (247 ft²)Stability index56.3

Sail Areas (ORC)

Main27.3 m² (293 ft²)Genoa43.4 m² (467 ft²)Spinnaker56.7 m² (610 ft²)Asymmetric56.4 m² (607 ft²)

Speed Table (kn)

TWA \ TWS681012141620
52°5.26.06.56.76.86.86.9
60°5.56.26.66.86.97.07.1
75°5.66.36.77.07.17.37.4
90°5.66.46.87.17.37.57.7
110°5.46.36.97.27.57.78.2
120°5.26.26.87.27.57.88.4
135°4.75.86.57.07.37.68.3
150°4.05.15.96.56.97.37.9
Beat VMG3.44.14.54.74.84.94.9
Run VMG3.54.45.25.86.46.87.4

Estimated Value

Low Confidence
Based on 3 listings
Low
$17,288
Estimated Value
$20,590
High
$21,950
Inflation-adjusted to 2026 USD

Estimated Cost of Ownership

Based on 33.75ft LOA. Actual costs vary by condition, usage, and local rates.

$/ft/mo
Annual Maintenance
$1.8K – $4.8K
Hull, rigging, sails, engine service
Annual Docking
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Annual Insurance
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Known Issues & Pre-Purchase Inspection

20 reported issues across 7 systems for the S2 10.3, compiled from owner reports in sailing forums and owner-association material.

7 critical9 major4 minor
Deck6Structural5Rudder3Hull2Rigging2Engine1Keel1

Unlock the full inspection report

Thinking of buying a S2 10.3? 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 20 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 S2 10.3?

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 — is it one of these?

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Used sails that fit the S2 10.3

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