2001 Island Packet 38' (11.58 m) 380
CAPE CORAL, Florida, United States
COMPASS ROSE
This Island Packet 380 is a rare, shoal draft version, with upgraded lead ballast and just a 3' 11" draft. Compass Rose is just on her second owner and extensive record keeping, LiPo battery upgrades and meticulous care make her a rare find. Don't let this one slip away, It won't last long.
Flag of Registry: United States
- Cutter
- Sail
- Used
- Diesel
- Fiberglass Hull
- HIN/IMO: TDL38086F001
$ 219,000 USD
€ 199,823 Euros
$ 311,604 CAD
£ 169,978 GBP
Description
It is a rare priviledge when I come across a boat this well taken care of, and I have had the pleasure of representing this boat twice, once when the original owner decided to sell, and now by the current owner and buyer of this boat just over four years ago. The current owner has maintained the boat in Bristol condition, upgraded the electrical system with lithium-ion batteries and related charging/monitoring sytems, replaced the standing rigging, lifelines, the engine heat exchanger and prop shaft, and installed a new VHF and windlass. Factory carpeting has protected the cabin sole, and a new professional varnish job on all the exterior teak make this boat shine! With the shoal draft, cozy anchorages have never been more accesible.
Data Sheet
HIN/IMO: TDL38086F001
LOA: 39' 7'' (12.07 Meters)
Type: Sail- Used
Year: 2001
Beam: 13' 2''
LWL: 32' 0''
Draft Max: 3' 11''
Cabins: 3
Sleeps: 7
Single Berths: 1
Double Berths: 2
Queen Berths: 2
Heads: 1
Head Room: 6' 4''
Fuel Type: Diesel
Hull Material: Fiberglass
Hull Finish: gelcoat
Hull Shape: Displacement
Bridge Clearance: 52' 0''
Fuel Tank: 85 Gallons (321.76 Liters)
Fresh Water: 170 Gallons (643.52 Liters)
Holding Tank: 40 Gallons (151.42 Liters)
Displacement: 21000
Ballast Weight: 9000 lbs
Generators
Generator 1
- Generator Make: Fischer Panda
- Generator Model: 4200 Plus
- Generator KW: 4.20
- Generator Hours: 296
- Generator Date Hours Recorded: 03/21/2025
Full Details
Equipment List
Sails and Rigging
• Mack Sails: roller furling main, jib, & staysail (new 2014), inspected and cleaned by North Sails (2023-2024 winter)
• Asymmetric Spinnaker with ATN sleeve and accessories
• Keel stepped roller furling mast with 16” height reduction for better bridge clearance (note: headsails were unaffected by this change; the mainsail was cut down by three inches).
• Anodized aluminum spars
• All new standing rigging (2022)
• Lewmar Ocean Series 248C Jib halyard winch on mast
• Lewmar Ocean Series 8C staysail winch on mast
• Lewmar Ocean Series 24C 2-speed Main halyard winch on mast
• Lewmar Ocean Series 30CST winch with main sheet and spare main halyard led to cockpit through stoppers
• Lewmar Ocean Series 30CST winch with furling and main outhaul lines led to cockpit through stoppers
• Lewmar Ocean Series 8C staysail sheet winch
• Jib sheet winches (2) Lewmar Ocean Series 48CST 2-speed (serviced 2019)
• All winches serviced over 2023/2024 winter
Boom vang
• Main sheet traveler w/4:1 control system
• Twin backstays for easy stern boarding
• Adjustable topping lift
Hull and Deck
• LPG deck storage bin
• Stainless steel double bow rail and stern rail, stanchions, stern rail with twin seats, stainless steel flag staff and holder- double lifelines (new 2022)
• Sugar scoop transom with a stainless steel swim ladder
• (2) Stainless stainless steel anchor rollers w/chocks & flush mount stainless steel chafe guards
• Lofrans Kobra horizontal windlass with deck controls (new 2024)
• Primary anchor: Rocna (2014) with 90' 5/8" HT chain and 150' nylon rode
• Secondary anchor: 40# Delta, 40' 5/8" HT chain and 200' nylon rode
• Stern gate w/quick release hook
• Kato Stainless steel davits hold AB 9VS dinghy
• Kato Stainless steel motor lift for Yamaha 15HP outboard
• Motor mount
• Forespar Whisker pole, mast mounted on T-track with 4:1 block system, extends from 13-24 feet; usable with jib or spinnaker
• Two cockpit stereo speakers (2018)
• Cockpit cushions
• Dodger/bimini with connector panel (new 2014); original dodger bimini used in summers to preserve newer canvas
• Rail and coaming covers to protect varnish (done twice annually to maintain finish)
• Revere Coastal Compact liferaft (not current)
• ATN Top Climber for going aloft
• Custom Cruising Concepts double cockpit table
• Davis Echomaster radar reflector
• Standard Horizon HX 870 handheld VHF radio with GPS (2015)
• Leather covered wheel
• Saltwater deck wash down
• Hammock for use on deck
• Canvas chair and footrest to hoist in rigging
• Exterior teak cap rail professionally varnished (2025)
Mechanical, Electrical and Plumbing
• Yanmar 4JH3E 54 HP diesel engine with approximately 2,200 hours; Yanmar engine major spare parts kit
• Racor fuel filter
• Recessed cockpit instrument panel
• Single level engine control mounted on pedestal
• Victron Cerbo GX touch display battery monitor
• House bank batteries , Two (2) Lithionics 315 amp hour w/battery monitor display
• Victron inverter/charger (new 2022)
• Engine start battery, 100 amp hour, Lifeline AGM G27 (2019)
• Fischer Panda 4200 Plus generator with closed cooling system
• Fischer Panda control panel replaced 2019
• Only 296 hours on generator
• American Power Systems AP500-OPE smart controller
• Balmar 250 amp alternator with serpentine belt
• Marine head (Raritan elongated bowl (new 2019) with direct overboard discharge or bypass valve into holding tank
• Holding Tank (fiberglass) replaced by Island Packet factory in 2014
• Electric bilge pump with auto switch
• Water Heater, marine grade w/engine heat exchanger and AC operation
• Pressure water system with hot & cold water in galley, head and aft cabin, shower in head, and cockpit (cold only)
• Shower and ice box drain pumps - electric
Navigation, Communication and Entertainment
• B&G Zeus 3 9” multifunctional display at helm
• 3 B&G Triton 2 color digital data displays at helm
• B&G Triton 2 autopilot controller at helm
• B&G V60 VHF with AIS at nav station with B&G H60 wireless handset at helm (new 2023)
• B&G 608 wind sensor
• B&G water speed sensor
• B&G ZG100 GPS antenna
• Simrad NAC-3 autopilot computer
• B&G 4G Broadband radar mounted on mast
• B&G Forward Scan Sonar
• Two B&G Sonic Hub 2 amplifiers with Bluetooth
• Sirius satellite audio and weather antennas
• Simrad NAIS 400 AIS class B with antennas
• B&G Zeus 3 7” multifunctional display at nav station (new 2022)
• Navionics all US, Coastal Canada plus Bahamas digital charts
• Masthead VHS antenna
• Iridium Go unit with antenna
• Series Electronic tank monitor
• Two main salon stereo speakers (2018)
Interior Features
• 16,000 BTU air conditioner/heat pump (digital control replaced 2019)
• AB dual plate 12v refrigeration system with spillover fan
• Seagull water purifier tap at galley sink (2019)
• Dual s/s sinks w/pull out faucet (2019)
• LPG three burner stove with oven; new cooktop (2011)
• Microwave oven (2020)
• Three (3) Fans
• (5) opening Lewmar deck hatches
• Canvas hatch covers (new 2019)
• (3) Dorade-style deck ventilators (new 2019)
• (11) stainless steel opening ports with screens
• Peek-a-boo shades on all ports
• Glebe Creek teak hatch and companionway screens
• Custom factory carpeting
• Companionway screens with Lexan panels for A/C or heating
• Mattress comfort foam topper
Listing MLS by Yachtr.com
Contact Us
For more information about this yacht please contact Bill Bolin — CPYB.
We look forward to working with you!

S&J Yachts
323 10th Avenue
Suite 105
Palmetto FL 34221 USA
Phone: 1-941-212-6121
Toll Free: 1-888-743-4620
Email: info@sjyachts.com
Website: https://sjyachts.com
We are a full-service yacht brokerage for luxury New & Brokerage Yachts, expertly guiding our clients throughout the buying and selling process. Our focus has always been to provide the best possible service to our clients, and whether you’re buying or selling a boat, your interests are our top priority. Our commitment to you is to work hard on your behalf when you’re buying or selling your cruising yacht. Through the years, that commitment has enabled us to make many friends and enjoy the relationships that have developed due to a shared passion for boats. Let us put that commitment and passion to work for you.

Bill Bolin — CPYB
Certified Professional Yacht Broker
323 10th Avenue
Suite 105
Palmetto FL 34221 USA
Office: 1-941-212-6121
Toll Free: 1-888-743-4620
Fax: +1 (941) 212-6132
Cell: 1-727-743-3100
Email: bill@sjyachts.com
For 29 years, Bill was the public “face” of Island Packet Yachts to customers, dealers and industry members worldwide. A well-known speaker at boat shows, owner rendezvous' and marine-industry events, Bill had joined the fledgling boat builder in 1987, fulfilling a wide variety of roles over the years including customer service, dealer acquisition and training, sales, marketing, and quality assurance. Bill first got hooked on sailing at the age of 13 after sailing a Sunfish across the crystal-clear waters of Montego Bay, Jamaica. After graduating from college, he bought his first new boat, a Hobie 16, started a sailing school with a friend, and on a first date with his future wife, won the Hobie 16 Tri-State Championship with her as crew. After several years working as a marine patrol officer for the state of Ohio, Bill began selling yachts and teaching sailing for a Lake Erie dealership. He moved to Florida a few years later, where his new-boat sales acumen included models from companies such as Tartan, Pearson, C&C, S-2, Cal, Catalina, Beneteau, Morgan, Endeavour and, of course, Island Packet. Bill served nine years on the board of Sail America, including two terms as president, and was selected to be one of three judges for the 2017 Cruising World magazine Boat of the Year competition. He currently serves as President of the Yacht Broker’s Association of America (YBAA), and is a Certified Professional Yacht Broker (CPYB). His in-depth knowledge of the industry and keen focus on customer relations make him a valued addition to the S&J Yachts team.