1970 Cheoy Lee Offshore 40

$55,000

Used

Boat in Newburyport, MA 01950 US

builtBuilt in 1970
Year the boat was built
model

Offshore 40

Boat model
engine

1 Engine (Perkins)

Engine type and count
length

40 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
40ft
Length Overall
39.58ft
Beam
10.58ft
Max Draft
6ft
Cabin Headroom
6.5ft
Ballast
7900lb
Cabins
3
Heads
1
Fresh Water Tanks
100gal
Fuel Tanks
30gal
Holding Tanks
15gal
Windlass
electric-windlass
Electrical Circuit
12v
Hull Material
fiberglass
Engine 1
Engine Make
Perkins
Engine Model
4-107
Total Power
40hp
Engine Hours
1500
Engine Type
inboard
Fuel Type
diesel
Engine Year
1970
Drive Type
direct
Propeller Type
3-blade
Propeller Material
bronze
Teak Cockpit
Teak Sidedecks
Radar Reflector
Tender
Cockpit Cushions
Cockpit Table
Swimming Ladder
Electric Bilge Pump
Oven
Marine Head
Hot Water
Refrigerator
Depthsounder
Radar
Radar Detector
Wind Speed And Direction
Plotter
Autopilot
Compass
Gps
Vhf
Bimini Top
Mainsail Cover
Lazyjacks
Shore Power Inlet
Inverter
Steering Wheel
Spinnaker Pole
Storm Jib
Battened Mainsail
Spinnaker
Genoa
Sails & Rigging
  • Main Sail
  • Spinnaker
  • Furling Genoa
  • Aluminum Mast
  • New Chain plates, Stanchions and Lifelines
  •  
Deck
  • New Teak Decks
  • New Stanchions, Lifelines and Chainplates
  • Cabin Top original plywood panels replaced with new
  • New Awl Grip on Hull
  • Full Bimini enclosure in Cockpit and aft deck
  • Deck stepped Mast
Electrical
  • New Electrical Panel
  • New Electric Windless
  • New LED Lighting throughout
  • 2 Bilge Pumps
  • 30 Amp Shore Power Cord
  • Inverter
Galley
  • Propane Stove & Oven
  • H/C Water
  • New Refrigeration with Ice Box - Keel Cold Plate
  • Ample Storage throughout
Accommodations

Companionway to port entering down into the main salon with the Nav station on center. Foward V-berth sleeps 2

Aft Cabin pilot berth sleeps 2

Main cabin sleep 1 along with a U-shaped seats & Dinette table.

Upgrades & Improvements

1998 - Full Engine Overhaul

Teak Decks redone

New Fridge

New Electrical Panel

Rebuilt salon seating area

LED lighting replaced with NEW

Propane Tank box on bow

Added a bladder for fresh water

Enclosure and boom crutch system

New stanchions and life lines

New Chain plates

Electric Windlass

Original plywood panels on cabin top replaced

Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
1/21/26Initial price$55,000

Overview from around the web 1970 Cheoy Lee Offshore 40

Customers praise the 1970 Cheoy Lee Offshore 40 for its classic design and solid construction, highlighting its sturdy build and reliable performance on the water

Many appreciate the spacious interior layout, which offers comfortable accommodations for extended cruising. Owners often mention the boat’s excellent handling in offshore conditions, making it a favored choice for both coastal and bluewater sailing. The timeless aesthetics combined with practical features continue to attract enthusiasts who value a blend of tradition and seaworthiness. Overall, the Cheoy Lee Offshore 40 from 1970 is regarded as a dependable and charming yacht with enduring appeal.

The Biggest Pros and Cons

The 1970 Cheoy Lee Offshore 40 is a classic motor yacht known for its timeless design and solid construction. Here are some pros and cons to consider:

Pros

Classic Styling: The Offshore 40 features elegant lines and a traditional aesthetic that appeals to enthusiasts of vintage yachts.

Solid Build Quality: Cheoy Lee is renowned for sturdy craftsmanship, and this model is built with durable materials suited for offshore cruising.

Spacious Layout: The yacht offers comfortable living spaces below deck, including ample sleeping quarters and a functional galley.

Good Seaworthiness: Designed for offshore conditions, it handles well in various sea states, providing a stable and secure ride.

Timeless Appeal: Owning a Cheoy Lee Offshore 40 offers a sense of heritage and character not often found in modern vessels.

Cons

Older Systems: Being a 1970 model, many mechanical and electrical systems may require updates or maintenance to meet modern standards.

Fuel Efficiency: Compared to contemporary boats, the Offshore 40 may have higher fuel consumption due to older engine technology.

Limited Modern Amenities: It may lack some of the conveniences and technological advancements found in newer yachts.

Maintenance Costs: Vintage boats can require more frequent upkeep, potentially leading to higher ongoing maintenance expenses.

Availability of Parts: Finding original or compatible replacement parts might be challenging due to the boat’s age.

Made For

The 1970 Cheoy Lee Offshore 40 is perfect for sailors seeking a classic, sturdy cruiser with timeless design and reliable performance. Ideal for those who appreciate traditional craftsmanship and want a capable vessel for coastal cruising or extended offshore adventures, this boat offers spacious accommodations and solid construction that appeals to experienced sailors and enthusiasts of vintage yachts alike.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1970 Cheoy Lee Offshore 40. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Yawl cost in today's market, or how much does a Cheoy Lee cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$624.23/mo
$
$
Loan amount$ 55,000
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1970 Cheoy Lee Offshore 40. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Yawl cost in today's market, or how much does a Cheoy Lee cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$624.23/mo
$
$
Loan amount$ 55,000
OR
%

Contact Merri-Mar Yacht Basin, Inc

364 Merrimac St, Newburyport, MA, 01950

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364 Merrimac St
Newburyport, MA 01950

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