1987 Cabo Rico 38

Arapahoe, North Carolina, United States
$115,000 USD

Pioneer is a 1987, cutter rigged CR 38. We have trusted her to get us safely to our travel destinations for 12 years. She is solid, strong and safe with a classic beauty much admired in many ports of call. Presently, she is docked at Wayfarers Cove, Minnesott Beach, North Carolina. Interior pictures can be viewed at our website, totallyfloats.com under the heading “About Pioneer”. We can be contacted at 252-876-2552 or via email at harhender@totallyfloats.com.

Builder: Cabo Rico Yachts
Designer: W.I.B (Bill) Crealock
LOD: 38 ft.
Beam: 11.5 ft.
Displacement: 23,000 lbs.
Draft: 5.4 ft.
Bridge Clearance: 54 ft.
Fuel: 50 Gal.
Water: 150 Gal.
Holding Tank: 40 Gal.


Modified full keel with cutaway forefoot
Fiberglass non-skid deck
White hull with green trim and sail covers
Tan dodger/bimini/connector, 2011, with full set of isinglass curtains and bug screens
Aft shade screen, 2011
Complete set seat and back cockpit cushions, 2011
Fold down teak cockpit table and teak drink holder
Exterior teak on toe rail and eyebrow treated with low maintenance natural teak colour SEMCO, 2016
Hand rails, hatches and cockpit treated with Honey Teak Signature Finish
Interior is Costa Rican honey teak in excellent condition
Extensive interior brass fixtures including, lights, cabinet hardware, faucets, towel bars and hooks
Weems and Plath brass tide clock and barometer
Drop down nav table with paper map storage
Salon cushions covered with washable ultra suede
All hatches and portlights are bug screened
Pioneer is a Plan B layout and sleeps 2 in a forward Pullman berth, one with a lee cloth in the salon and one in the quarter berth


Main: Quantum, 2004, with Doyle Cradle Pack and Strong Track, 2011

Staysail: Doyle, 2011, with cover, 2011

Yankee: Omar, 2009, Harken Reefing system


Yanmar 4JH3E, 56 HP, 2002, 4500 engine hours
Balmar Alternator 60-100 SR-IG, 2016, Balmar Max Charge MC614 Voltage Regulator, 2016
Balmar Digital Duo Charge Flow Regulator, 2016
Auxiliary remote Racor fuel filter, Yanmar primary filter
Oil filter with 12VDC oil change pump


Magnum MS2812U inverter charger, 2016, with remote control on power panel
Nature Power Marine Grade 400 Watt Wind Turbine, 2016, with remote controller
2 x 130 watt solar panels, 2009, with MidNite Brat solar remote controller, 2016
600+ Amp. Hours in new battery bank, 2015
AGM start battery, 2015
Raymarine SPX SmartPilot Auto Pilot System with Raymarine ST70 instruments at helm and L Drive Type 2, 12V, 2011
Icom M-710 Single Sideband Radio, 2003
Icom AT-130 automatic antenna tuner for SSB, 2003
Standard Horizon GX 2100 Matrix Series VHF, 2010, with AIS and DSC
Standard Horizon remote VHF transceiver at helm, 2010
Garmin GPSMAP 4208 with AIS and electronic Garmin charts for US and Bahamas (built in), 2011. Also Southwestern Caribbean electronic charts on SD card for the 4208
Garmin Homeport computer charting software for your trip planning and easy transfer of routes/waypoints to 4208, 2012
Garmin GPSMAP 76CSx handheld mapping GPS with extensive charts of the Caribbean, USA and Bahamas
Garmin GA29 radome. Radar image displayed on 4208 chartplotter, 2009
Paines-Wessex GPIRB
Honda EU2000i portable inverter/charger (generator), 2011
Ritchie pedestal compass
TV antenna at top of mast
West Marine 3000RF marine receiver with RF remote, 2012
Bullet booster system at top of mast for internet signals, 2011
Netgear wireless N 300 Wifi Router for internet on the boat, 2011
Marinco stainless steel power inlet, 30A-125V, 2016
EEL Shorepower cord set, 50 ft. 30A-125V, 2016


Anchors: 60 lb CQR with 230 feet 3/8 inch chain; 33 lb Bruce anchor with 150 feet of rode;, 15 lb FX23 Fortress anchors with 150 ft. rode
Kato dinghy davits and Engine lift
AB 9 ft. inflatable dinghy, 2010, with Nissan 9.8, 2 cycle outboard, 2002
Winslow Life Raft
Lofrans 1200W electric windlass 2003
Cruisair air conditioning/heating system
Dometic Alder-Barbour 12VDC refrigeration with freezer, 2010
Tasco 755LP propane stove with oven and three burners, 2010
Propane tanks, 2x 10 lb aluminum, in propane locker under helm seat
Seaward water heater 2007
Seagull IV water purification system in galley, 2010
SK Watermaker, 2009
Blakes Lavac Head
SHURflo Extreme Pro Blaster wash down pump, 2009
High capacity electric bilge pump, Jabsco automatic electric bilge pump with remote counter, 2010, and Guzzler hand bilge pump in cockpit, 2016
Jabsco FlexmountSeries 35440 blower for engine cooling, 2015
Lifevests: 2 Mustang inflatable PFD’s, 4 offshore life vests, 2 dinghy lifejackets
Fire extinguishers, 3, annually inspected
Smoke alarms
New for/aft stay 2007


ASKING PRICE: $115,000.00

Interested In This Boat?

Have questions? Interested in seeing it?

This listing is presented by SailFarYachts.com. Visit their website for more information or to contact the seller.

View on SailFarYachts.com

About the Cabo Rico 38

William Crealock
Cabo Rico
Cabo Rico
# Built
Hull Type
Long Keel


Length Overall
41 0 / 12.5 m
Length On Deck
37 11 / 11.6 m
Waterline Length
29 3 / 8.9 m
11 6 / 3.5 m
4 11 / 1.5 m
21,500 lbs / 9,752 kg
7,000 lbs / 3,175 kg

Rig and Sails

Reported Sail Area
962 ft2 / 89.4 m2
Total Sail Area
692.2 ft2 / 64.3 m2
Sail Area
285.1 ft2 / 26.5 m2
38 9 / 11.8 m
14 8 / 4.5 m
Mast Height
50 0 / 15.2 m
Sail Area
407 ft2 / 37.8 m2
43 11 / 13.4 m
18 6 / 5.6 m
Forestay Length
47 8 / 14.6 m

Auxilary Power

Fuel Type
Fuel Capacity
55 gal / 208 l


Water Capacity
150 gal / 568 l
Holding Tank Capacity


Hull Speed
7.25 knots
Sail Area/Displacement
good performance
less stiff, less powerful
Comfort Ratio
heavy bluewater boat
Capsize Screening
better suited for ocean passages


From BlueWaterBoats.org:

Cabo Rico started building their sturdy boats from a corner of British Leyland’s Rover assembly plant in Costa Rica. Among their success stories has been the Cabo Rico 38 which has won a reputation for legendary soft motion and stout offshore performance. The design came from Bill Crealock who had previously designed the Tiburon 36 for Cabo Rico. Not many 36s were built but the 38 on the other hand found popularity in a time when Taiwanese manufacturers were beginning to dominate the US market.

The lines of the Cabo Rico 38 are timeless with a full keeled underbody which follows the design lineage of Crealock’s Tiburon. She’s configured as a true cutter with a bowsprit mounted foresail. Her sheerline is sweet which swings low (as is often the case for older seaworthy designs), with traditional trailboards and teak trim.

The construction is a balsa cored deck paired with a thick skinned balsa sandwich hull. Ballast is internal and changed from iron to lead at around hull 40. The mast is keel stepped. The Costa Rican craftsmen take tremendous pride in the quality of work, and it shows with the spectacular honey colored teak interiors that define these yachts. In fact on older versions, it is hard to find a single spot of gelcoat down below. While on most engine access is through the companionway, the engine location was moved forward on recent models to underneath the centerline galley.

Costa Rican craftsmen hand laid the first hull in 1977, and from there Cabo Rico Custom Yachts has delivered hulls are a steady clip. In fact for a long time, Cabo Rico was a one-boat manufacturer pumping out the 38 with an incredible variety of configurations. You name it, and a 38 will have a layout to suit: two heads, single cabin, v-berth, and so forth. In 1990, they introduced a popular pilothouse version.

There have been over 200 boats built to date, the last hull was built in 2005. Cabo Rico is currently reorganizing according to legal fillings in the state of Florida, USA.

Buyers Notes

Teak decks were common on 1980’s and earlier models. As with any screwed down teak decks, these can be prone to leaking.

» Cabo Rico 38, John Kretschmer, Used Boat Notebook
» Cabo Rico 38, Earl R Hinz, Seatrials
» Cabo Rico 38 Review, Richard Jordan, Waves

Similar Sailboats For Sale


Get occassional updates about new features or featured sailboats.
You can opt out or contact us any time.