1995 Island Packet 40' (12.19 m) 40
Charleston, South Carolina, United States
Dream Flower
Updated Island Packet 40 in Charleston, SC.
Flag of Registry: United States
- Cruisers / Cutter
- Sail
- Used
- Diesel
- Fiberglass Hull
- HIN/IMO: TDLUS048B595
| FEATURES: |
|---|
| New Standing Rigging |
| New Lithium Batteries w/Victron Controller |
| Updated Electronics |
| New AC Units |
| New Deck Hatches |
$ 135,000 USD
€ 115,751 Euros
$ 188,421 CAD
£ 101,200 GBP
Description
The 1995 Island Packet 40 Dream Flower is a classic bluewater cruiser that has been thoughtfully upgraded by her current owners. Designed by Robert K. Johnson and built by Traditional Watercraft in Florida, the IP 40 is known for its solid fiberglass construction, full keel stability, and comfortable cutter rig—making her an ideal choice for passagemaking or extended coastal cruising.
This vessel has benefited from numerous recent improvements, including new standing rigging (2025), a lithium battery bank with a Victron management system (2024), an upgraded Balmar high-output alternator, inverter/charger, two new air conditioning units, and fresh bottom paint. Electronics have been modernized with a Raymarine Axiom chartplotter, radar, autopilot, and even a new Starlink for connectivity offshore.
Below deck, Dream Flower offers a warm and inviting interior finished in teak with a teak-and-holly sole. Two private staterooms and two heads provide comfortable accommodations, while the salon’s L-shaped settee and fold-down table create a spacious gathering area. Excellent natural light and ventilation flow through 13 stainless steel ports, 7 deck hatches, and multiple dorades. The wrap-around galley features a new Force10 stove/oven, Adler Barbour refrigeration, and ample storage for extended voyages.
On deck, the spacious cockpit is designed for both comfort and safety, with long contoured seating, a folding table, a bimini and enclosure, and a well-protected helm.
Dream Flower is in a slip at Charleston Harbor Marina and Resort in Mount Pleasant, SC.
Data Sheet
HIN/IMO: TDLUS048B595
Official Number: 1043466
LOA: 41' 6'' (12.65 Meters)
Type: Sail- Used
Year: 1995
Beam: 12' 11''
LOD: 39' 4''
LWL: 34' 0''
Draft Max: 4' 8''
Draft Min: 4' 8''
Cabins: 2
Heads: 2
Head Room: 6' 5''
Fuel Type: Diesel
Hull Material: Fiberglass
Hull Finish: Gelcoat
Air Conditioning: Yes
Tower: No
Bridge Clearance: 53' 8''
Fuel Tank: 90 Gallons (340.69 Liters)
Fresh Water: 170 Gallons (643.52 Liters)
Holding Tank: 30 Gallons (113.56 Liters)
Displacement: 22800 lbs
Designer: Robert K. Johnson
Builder: Traditional Watercraft
Engines
Engine 1
- Engine Make: Yanmar
- Engine Model: 4JH2E
- Engine Type: Inboard
- Drive Type: Direct
- Power HP: 50.00
- Power KW: 37.29
- Fuel Type: Diesel
- Serial Number: 08578
Full Details
Interior
The interior of the Island Packet 40 is both attractive and functional, showcasing quality teak joinery and a teak and holly cabin sole. It features two private cabins, two heads, a comfortable salon, a convenient navigation station, and a secure galley. Natural light and ventilation are abundant, provided by thirteen stainless steel opening ports with new screens, seven new deck hatches, and four deck dorades.
Features:
- Air Conditioning 1: Velair i16 Marine Air Conditioning unit - 115V - 16,000 BTU (2024)
- Air Conditioning 2: Velair i10 Marine Air Conditioning unit - 115V - 10,000 BTU (2024)
- Per the vendor that installed the Lithium batteries, AC units, AC water pumps, inverter/charger, and upgraded alternator, the AC units can be powered by the batteries/inverter. The smaller unit can be run overnight without charging the battery bank with the engine/alternator.
- Low-power water pump for the AC units (2024)
- Teak and Holly cabin sole
- All deck hatches replaced (2023)
- Deck hatch covers (2023)
- Hatch screens
- Port screens (2024)
- 12V Fans
- LED blue lights
The forward cabin is located aft of the chain locker. It includes a large vanity with a stainless-steel sink, a teak shower seat, a curtain-enclosed shower, a head, storage cabinets, hot and cold water, a mirror, two opening ports, and an overhead hatch.
The forward cabin has three opening ports, deck vents, and a single hatch. It features a large double berth on the starboard side, complemented by teak shelves on the headboard and outboard. Storage is generous, thanks to the spacious cedar-lined hanging locker and drawers.
The salon was designed with comfort and safety in mind, equipped with four opening ports, four deck vents, two opening hatches, and overhead handrails. There is a single settee to port and an L-shaped settee to starboard, which pulls out to become a double berth. A drop-leaf table folds down from the forward bulkhead, revealing a storage/wine rack. Cabinets and bookshelves are positioned outboard of both settees, with large storage areas behind and beneath each settee.
The navigation station is located on the starboard side, between the salon and galley. It includes a hinged table with storage underneath, chart storage below the settee, and houses the master AC-DC electric panel and electronics equipment.
The wrap-around galley is located on the starboard side of the companionway.
- Adler Barbour refrigerator and freezer compartment
- Force10 stove and oven (2025).
- Double sink.
- Faucet
- Farberware Microwave.
- Storage: pot & pan locker, dish rack, cutlery drawers, storage drawer, teak paper towel holder, soap rack, and trash bin.
Opposite the navigation station, on the port side, is the aft head, featuring a curtain-enclosed shower, a teak seat, a toilet, a vanity, a mirror, a sink, storage cabinets, hot and cold water, two opening ports, and a hatch. Access to the head is available through a door located in the salon near the companionway and from the aft cabin.
The aft cabin offers a large double berth with a shelf above the headboard, a seat, a cedar-lined hanging locker, drawers, and storage beneath the berth. There are two opening ports and a hatch.
Hull, Deck, and Cockpit
Construction - 100% hand-laid fiberglass construction throughout with ISO - NPG type gelcoat for maximum durability. All structural elements and reinforcements are designed to ABS standards. The hull is molded in one piece utilizing a proprietary pressure-fed application system with extra-strong triaxial glass, unified with an engineered molded interior grid structure. The deck laminate is cored with Polycore and attached to an integrally molded hull flange with bolts, lock nuts, and urethane adhesive sealant. All deck hardware is through-bolted with aluminum back plates. The deck features an integrally molded tan slip-resistant coarse diamond pattern and is ivory white to reduce glare. The cockpit is spacious and secure, featuring contoured cockpit seats that are nearly 8 feet long.
- Dinghy davits and a life raft mount - (not installed)
- Spacious cockpit with seating to port, starboard, and aft.
- The fiberglass helm pedestal has a hinged cockpit table.
- Sprayhood, bimini, and full enclosure panels
- Cockpit Cushions
- Swim ladder
- Upholstered folding chair
- Radar mast
- Starlink mast
- All deck hatches replaced (2023)
- Deck hatch covers (2023)
- Portlight screens replaced in 2025
- Secure bow pulpit with double anchor rollers and stainless rails.
- Windlass: Lewmar windlass with controls at the bow
- Primary Anchor: CQR with approximately 250' of 5/16" chain
- Secondary Anchor
- The propane locker is set into the starboard side deck.
- Cockpit shower.
- Six mooring cleats
- Fenders and dock lines
- The hull was compounded and waxed in November 2023.
- The bottom was painted in November 2023 by Marsh Harbor Boat Works in Beaufort, SC. The bottom is cleaned regularly by ICW Diving Services.
- Replaced the thru hulls, strainers, and connected hoses (11/2023)
- Non-skid decks refinished in 2021
Sails and Rigging
The IP 40 features a cruising-friendly cutter rig that is flexible and easy to manage, with a stackpack and lazy jacks on the main, furling drums on the head sails, and a self-tending boom on the staysail.
- Standing Rigging: The wire standing rigging was replaced in 2025
- Selden Rod Kicker boom vang (2025)
- Tides Marine Mast Sail Track and Slide System (2025)
- Chainplates: Original
- Running Rigging (2024 and newer).
- (3) New Line Clutches (not installed)
- Quantum Mainsail (2006) - inspected and washed in 2025.
- Mainsail sail pack (2022)
- Quantum Genoa (2006) - Sunshield replaced by North Sails in 2023
- Staysail (age unknown) - Sunshield replaced by North Sails in 2023
- Sobstad X-HP Asymmetrical Spinnaker
- (2) Lewmar 48 primary winches
- (2) Lewmar 30 winches
- (1) Lewmar 8 winch
- Keel stepped aluminum mast (approx. 53' 8" air-draft).
- Mainsheet traveller.
- Genoa tracks.
Electronics and Navigation
- Richie 6" compass at helm.
- Standard Horizon Eclipse VHF at the Nav
- MFD: Raymarine Axiom hybridtouch at the helm (2021)
- Radar: Raymarine Quantum24 mounted on a stainless steel mast (2021)
- Raymarine Autopilot control at the helm (2021)
- Raymarine speed/depth/wind/heading (2021)
- Raymarine VHF in the cockpit (2021)
- Starlink mounted on a stainless steel mast (2025)
- All mast electrical wiring, VHF coax, and masthead wind instrument replaced (2025)
- New speed transducer (2025)
- Steaming light (2023)
Mechanical and Electrical
- Engine: Yanmar 4JH2R 50 HP engine. Engine Hours: Unknown - 34 showing on the engine hour meter. 900 hours reported by the previous owner.
- Engine fluid and filter service by Oil in a Day's Work (September 2025)
- Replaced the packing in the stuffing box (11/2023)
- Replaced the engine mounts (11/2023)
- Replaced the cutless bearing (11/2023)
- Serviced the MaxProp (11/2023)
- Upgraded Balmar XT-DF-250-J10 high-output 12V/250A alternator (2024)
- Balmar Serpentine belt (2024)
- ARCO Zeus Alternator Regulator (2024)
- 120-volt AC and 12-volt DC panel with breakers.
- Shore Power: One Marinco 125V 30A inlet and one Hubbell 125V 30A inlet.
- Victron Energy battery monitor at the Nav (2024)
- Lithium Batteries: Three Victron Energy 12.8V-330 Ah Smart LiFePO4 Lithium batteries (2024).
- (2) Victron Lynx Distributor (2024)
- Victron Lynx Smart BMS 500 (2024)
- Victroin Cerbo GX (2024)
- Victron GX Touch 50 (2024)
- Inverter/Charger: Victron Multiplus II 12/3000/120-50 120V (2024)
- Steaming Light (2023)
- Shore power inlet and cord
Plumbing
- Water Tanks: Aluminum
- Holding tank: Aluminum
- (2) Raw water AC pumps (2024)
- Freshwater pump.
- Manual water pump at the galley sink
- Water Heater:
- Manual toilet in the aft head.
- Manual toilet in the forward head.
- Manual bilge pump.
- Electric bilge pump.
- Two aluminum propane tanks are set into a vented propane locker on the starboard side deck. New hoses, connectors, and regulator (2025).
Safety Equipment and Spare Parts
- ACR Globalfix V4 EPIRB (Registration expires 04/02/2027)
- PFDs: Two West Marine inflatable life vests
- Jacklines
- Horseshoe lifebuoy.
- Flares.
- Five fire extinguishers.
- First aid kit.
- Smoke detector.
- CO2 detector.
- Propane monitor.
- Extensive inventory of spares, including mechanical filters, electrical components, plumbing fittings, cabinet latches, lights, impeller kit, a freshwater pump, and more!
Disclaimer
The company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information, nor the condition of the vessel. A buyer should instruct their agents or surveyors to investigate such details as the buyer desires to be validated. This vessel is offered subject to prior sale, price change or withdrawal without notice.
Listing MLS by Yachtr.com
Contact Us
For more information about this yacht please contact Matt Malatich, CPYB.
We look forward to working with you!
S&J Yachts
13 Lockwood Drive
Charleston SC 29401 USA
Phone: 1-843-872-8080
Email: matt@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.
Matt Malatich, CPYB
Certified Professional Yacht Broker
13 Lockwood Drive
Charleston SC 29401 USA
Office: 1-843-872-8080
Cell: 1-843-872-8080
Email: matt@sjyachts.com
Matt Malatich, CPYB is the Managing Broker of S&J Yachts in Charleston, S.C., where he is a standout in helping clients navigate the acquisition or disposition process of luxury cruising yachts.
Boating has always been at the forefront of Matt’s life. From growing up on boats, to pleasure cruising and racing, to watching his own kids learn the lines, Matt’s love of the sea is woven throughout the canvas of his life.
It’s no wonder that a heart for the water, a head for business and a degree from Hamilton College led Matt to launch his career in 1996 as a yacht broker with J/Port and then Crusader Yacht Sales in Annapolis, MD. In this role, he sold brokerage boats and new J/Boats, Ericsons, Pacific Seacraft, Sagas and Tiaras.
Shortly after being named Salesperson of the Year for Pacific Seacraft, Matt returned to his hometown of Princeton, N.J., in 1999 to expand his professional experience to commercial real estate. Matt served as a commercial real estate broker for CBRE and Preferred Real Estate Investments, where he focused on acquisitions of large corporate-owned properties for redevelopment as well as leasing of office properties and due diligence of large-scale dispositions.
Matt transitioned to the role of Assistant Director of Leasing for Hilton Realty, a fully integrated real estate development and management company in 2006. For nearly a decade, Matt’s primary focus was on marketing and leasing industrial, office and retail properties to large banks, law firms, technology firms, pharmaceutical companies, national retailers as well as mom and pop stores.
In 2015, Matt’s genuine affinity toward boating prompted him to make a sea change personally and professionally. Trading bricks for boats, Matt returned to the yacht brokerage business as the Managing Broker for S&J Yacht’s Charleston office.
Today, drawing from nearly 25 years of combined experience in yacht brokerage and commercial real estate, Matt has built a reputation for his proven ability to assist buyers and sellers of upscale power and cruising sailboats throughout North America and Europe.
As a seasoned broker, Matt understands that buying and selling can be both one of the most euphoric and stressful times in a boater’s journey, and views representation and guidance of his clients’ dreams as a true privilege.
Matt’s calm and easy demeanor provides clients with a steady hand at the wheel to help them obtain the best value for their dream yacht, as well as assisting sellers with a smooth sale of their vessel when the time is right. He is well positioned to be an advocate throughout the entire transaction process by prescreening boats (including obtaining their true histories), facilitating showings, navigating financing options, insurance needs, surveys and the closing process.