Gulfstar 37, 1979, Rio Dulce, Guatamala, $25,000, sold 11/20/08

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1979 Gulfstar 37, "MyIshmael"

  • LOA: 37'
  • LWL: 33'
  • Beam: 11'10"
  • Draft: 4'9"
  • Disp: 19500lbs
  • Ballast: 8000lbs
  • Hull: Fiberglass
  • Water: 80 gal
  • Fuel: 70 gal
  • Holding: 20 gal

    General Description

  • An established cruising vessel: the ideal compromise between a fast modern boat and a heavier full-keel cruiser. She possesses speed and maneuverability without being uncomfortable and cramped. She offers plenty of room and comfort for the cruising couple -- with space to spare for visitors -- without sacrificing the flexibility to sail where you want, when you want, at a reasonable cruising speed!

    Engine & Sails

  • The original Perkins 4108 50HP overhauled spring 2006 and transmission rebuilt May 2008! Standing rigging in good condition. Running rigging in good condition. Mainsail (still crisp) in excellent shape on a Dutchman system, 140% genoa on roller furling. Also carries a spare working jib and a cruising spinnaker.


  • The Gulfstar 37 Sailmaster, with nearly 12 feet of beam, offers an amazing amount of living space for her size. The interior layout provides sleeping accommodations for 6 people. She has a private V berth with standing headroom and a double-entry head/shower. The salon has two settee extension full berths. A large double drop-leaf table provides banquet-style dining for crew and guests! The galley (to port) has a very efficient wrap around counter area. Opposite is an L-shaped navigation station, providing comfort and convenience and lots of space for electronics , charts, etc.
  • 3 Full berths
  • Adler Barbour ColdMachine refrigeration
  • 2-burner Shipmate propane stove/oven
  • double stainless steel sink
  • 16000 BTU air conditioner
  • double-entry head w shower
  • double drop-leaf table
  • pressurized freshwater system
  • Hot water heater


  • Raymarine Tridata (Depth/Speed/Log)
  • VHF radio
  • 45# Bruce anchor
  • 250' 5/16 Chain (primary) new 2007
  • 75' 5/16 Chain on 200' 3/4 rhode (secondary)
  • Muir Cheetah electric windlass ( rewired with new cable and new up/down foot switches
  • Dual Anchor Rollers
  • 2 Barient 28 ST winches
  • matching canvas covers & bimini
  • dinghy davits
  • Custom cockpit cushions
  • Outboard Mount
  • 5 step swim ladder
  • Fenders
  • Boat Hook
  • Magma grill

    Last season I single handed MyIshmael for four months around the Bay Islands of Honduras. I was amazed at how well she sailed and often beat my buddy boats to the anchorages. Many days I sailed her in 20 knot winds and averaged a SOG of 8-8.5 knots.With the long waterline, she is also very comfortable in rough seas.

    She is solid and can motor and sail away today and is a fantastic investment whether you are looking for a cruising boat, interested in commissioning for charter or you are an ex pat just looking for a home that you can actually own and still be mobile. Another option is continue fixing her up and flipping the boat for a very nice profit.

    For cruising she will need a set of batteries for the house bank, some nav electronics and eventually a headsail. Also there are little issues like brightwork, some running rigging that needs to be replaced, rebedding the v berth hatch, head needs repair kit, a propane tank for the stove and many aesthetic things. Of course, an ex pat looking for just a home could get by with the head repair kit and a propane tank.

    The boat is documented with the USCG, has a new 9 month extension and is berthed in beautiful Rio Dulce, Guatemala. Your questions and walkthroughs are welcome.

    Hello David,
    The Gulfstar 37 (ad code Gulfstar37 #100) has been sold. Please remove my email and phone number from the sold listing. Thank you for your excellent service,
    Rio Dulce, Guatamala

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