1979 Islander 40 MOTORSAILER (Ketch rigged): Definitely a project boat but worth saving if you’re willing to put the sweat equity and some money into it. I simply bit off more than I could chew with my advancing age and two other boats to attend to. This is the boat that was subsequently reworked into the better-known Islander Freeport 41. A solid hull, classic ‘clipper’ lines, very roomy interior for longer cruises or liveaboard, all the major parts are there: Yacht Specialties pedestal steering with 28” destroyer wheel; standing rigging complete and serviceable;
The Challenges: (1) Engine is a Chrysler Nissan [65 HP] diesel which should probably be replaced or at least rebuilt. It ran fine when I bought the boat six years ago but hasn’t been run since; (2) Needs new fuel tanks – original steel tank very rusted; (3) Sails useable but not great; (4) Boat should be re-wired to current ABYC standards – pretty hodge-podge by the time I bought it; (5) Bottom paint needs to be stripped; (6) Some interior rebuilding work and general interior/exterior refurbishment needed.
Boat currently on the hard in East Falmouth MA in a private yard and will need to be moved from its current location by the buyer. Asking $15K but will listen to reasonable offers.