37.5' Ericson 381

For Sale: 1984 Ericson 381 Sailboat

A change in life circumstances force the sale of my 1984 Ericson 381 sailboat. I had purchased this vessel with the intent of refitting it and making it into a well-equipped bareboat charter business based out of Annapolis, but simply do not have the time to deal with it any longer. The boat is currently on the hard with the mast unstepped ready for a refit, which is reflected in the price. Once refit fully, this vessel will be worth $60-75K depending on time of year, quality of refit, fluctuating and market factors.

The boat is a Bruce King racer/cruiser with a theoretical PHRF around 100. The layout below is atypical for the Ericson 38 and is very open and airy, yet has lots of handholds for sure footing in a seaway.
Basic Specs:

LOA: 376
Beam: 12
Draft: 6.5
Type: Masthead sloop with performance fin keel and spade rudder
Fuel Capacity: 56 gallons
Water Capacity: 85 gallons

-The boat features a 32 HP (4 cylinder) Universal 5432 Diesel engine (a marinized Kubota diesel tractor engine) that is in good working order. After taking ownership, I replaced the fresh water circulating pump and inspected the impeller. The engine is fully fresh water cooled (antifreeze and heat exchanger vs. sea water).

-The boat is equipped with a telescopic whisker pole and also features a Sunbrella dodger and Bimini top with connector that is in serviceable condition.

-Unlike newer Ericson vessels, the boat features all bronze thru-hull fittings and seacocks (as opposed to Marelon).

-The boat features a newer Jabsco pump-style head and holding tank (15 gallons). The boat has pressurized water as well as foot pumps. The boat has hot water that runs off shore power as well as the engine exhaust. Everything in this section works as it should.

-The interior cabinetry, woodwork, cabin sole, and cushions are in very good condition overall. Near port lights, there is a bit of wood degradation in a few spots. Some of the cushions have some minor stains that should clean off fairly easily with steam.

-The boat features a propane oven and range controlled via electronic solenoids unlike many similar era vessels which had CNG (hard to find). The system requires new hoses and a new solenoid, but everything is there making installation relatively easy.

The following are things that I (a licensed and insured marine contractor in Maryland) and the boatyard recommend to get the vessel, which has good bones, into Bristol condition:

-Replace standing and running rigging

-Replace steaming light as well as the masthead light

-Repaint the bottom

-Service the winches

-Replace Datamarine tri-data (wind speed/direction, depth, and speed) instruments and transducers with newer NMEA 2000 units; the Datamarine instruments still work (minus the anemometer)

-Paint the hull and boot stripe (topside gelcoat and decks are in pristine condition and will only need a polish if desired)

-Re-torque keel bolts and refair hull stub to keel joint (yard reported some separation of the fairing at haul out which is visible in pictures)

-Other things that would be optional and left to next owners discretion, include:

-Sails (comes with a mainsail, 90% jib, and spinnaker all in useable condition already)

-Autopilot

-Refrigeration (comes with a large insulated ice box that drains overboard and is pre-wired at the AC/DC panel for refrigeration)

-Chartplotter (vessel does not have one currently)

-Lifelines (serviceable)

Feel free to contact me with any questions! Asking price is $20,000 OBO.