38 Morgan 1978 Boat for Sale

ASKING PRICE: $42,000 Watch Price

New Bern, NC

1 views

Contact Broker Watch Price

1/45

Last updated Dec 2, 2025

38' Morgan 1978

A teardrop-shaped hull, wide beam, discreet reverse transom, and long overhangs might be the hallmarks of a vintage racing boat, but Ted Brewer designed the Morgan 382 as a cruiser, not as a racer that could also be cruised. From 1977 to 1986, Morgan Yachts and its successor, Cat-alina-Morgan, built nearly 500 of the Morgan 382 and its later configurations, the 383 and 384. Owners have taken them everywhere.

Visually, the boat is balanced and well proportioned, and the low cabin trunk and 6-inch bulwarks help keep the profile trim. At upward of 17,000 pounds on a waterline of 30 feet 6 inches, the boat is almost in the heavy-displacement category. The hull, however, with its elongated fin keel, skeg-attached rudder, and roundish bilge, isn’t that of a slow cruiser.

The all-wood interior offers volumes of room and storage. The head of the double quarter berth to starboard serves as the seat for the nav area; opposite is a large and efficient galley. In the saloon, the L-shaped seat to port only seats two comfortably at the drop-leaf table. A wide settee and a narrow pilot berth occupy the starboard side. The head is roomy and has a fully enclosed shower, but because of the boat’s fine entry, the V-berth is relatively small.

DETAILS;

Diesel motor, Perkins 4.108, rebuilt with only 1300 hours run time.

Autopilot Ray Marine EV 200 less than five years old.

Autopilot rudder post mount installed with Edson brass Rudder post clamp mechanism custom bore $650 value new.

A hydraulic autopilot control arm is installed with a feedback sensor and a computer with compass navigation.

Main sail very crisp, 160 genoa not so crisp.

Full bottom job restoration completed in 2020 with Trinidad

Top side of hull paint completed 2022 with easy epoxy by Petitt.

Six New port glass installed 2021.

Galley glass needs to be replaced.

New raw water pump installed last year.

New Rule bilge pump installed 2023.

Rudder post repacked 2023.

Prop shaft stuffing box repacked 2022.

Fuel system completely flushed and tank pumped out and scrubbed in 2022.

Standing rigging replaced and upsized in 2010 and is in excellent condition.

Ground tackle upsized in 2020 with Delta 44 anchor and is in good condition.

PLEASE INQUIRE WITH ANY QUESTIONS.

Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Engel & Völkers Yachting. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel

Denison Yacht Sales offers the details of this yacht in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of this boat for sale. A yacht buyer should instruct his yacht broker, or his boat surveyors, to investigate such details as the buyer desires validated. This yacht for sale is offered subject to prior sale, price change, or withdrawal without notice. This boat may be listed with another yacht broker.