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2 staterooms
37' 0" (11.28 m)
12' 2" (3.71 m)
Year Built:
Cruising Sailboat
1 engines Yanmar 3JH2E
United States
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  • All Specifications
  • Overview
  • Detailed Information

Basic Information

Cruising Sailboat
Sub Category:
Model Year:
Year Built:
United States
Vessel Top:
Bimini Top


37' 0" (11.28m)
36' 5" (11.10m)
12' 2" (3.71m)
Min Draft:
4' 6" (1.37m)
49' 6" (15.09m)
MFG Length:
38' 5" (11.71m)

Speed, Capacities and Weight

18500 Pounds
Water Capacity:
90 Gallons
Holding Tank:
18 Gallons
Fuel Capacity:
50 Gallons


Total Berths:
Total Heads:

Hull and Deck Information

Hull Material:
Deck Material:
Fiberglass Sandwich
Hull Configuration:
Hull Finish:
Hull Designer:
Bob Johnson
Interior Designer:
Bob Johnson

Engine Information

Engine Type:
Fuel Type:



Island Packets have a long-standing reputation for building high-end sailing yachts. They are well-proven offshore cruisers, having many circumnavigations and long-term passages under their keels. While best known for that, they can serve equally as well as a live-aboard. Easily one of the best build qualities available today, the Island Packet remains America's premier cruising design.  

The Island Packet 37 was the successor to the very popular Island Packet 35. As with every Island Packet model, it was a continuing evolution of improvements on its smaller sister. Perhaps the major change was the collaboration between Island Packet and Edson Corporation in developing a binnacle-mounted rack and pinion steering system. This eliminated the steering wheel shaft that ran between the helmsperson’s legs. Additionally, this allowed for a larger wheel, putting it within reach from the coaming as well as creating a way to move the engine controls to a more convenient position.

With the exclusive Full Foil Keel, the 37 unifies the performance attributes of modern hull and foil designs with superior safety, enhanced steering qualities, and more sea-kindly motion in a seaway achieved with a long keel. With a 4’6” draft it’s the perfect choice for exploring the shallow waters of the East Coast, the Keys and Gulf waters of Florida and the Bahamas. 

Our offering, “PANACEA”, has been enjoyed by her original owners and became a part of their family over the course of their ownership. She provided them with many lasting memories and taken them on some great adventures. Now it’s time for them to move on to other things and allow another family to become PANACEA’s custodians.

A few of PANACEA’s features that make her stand apart from the crowd are:

  • Generator
  • Custom swim platform and swim ladder
  • Reverse Cycle Heat/Air conditioning
  • AGM batteries (2019)
  • Doppler bottom scanning sonar
  • Updated interior cushions (2010)
  • LED interior lighting (2016)
  • Tides Marine Strong Track and Stack Pack for easy sail handling

If you are considering a spacious, comfortable cruising boat- be it for the Bay, cruising south for the winters or crossing oceans- the Island Packet 37 is a safe, stable and comfortable choice. Call and make an appointment to see PANACEA today!


Forward stateroom: At the forward end of the cabin there is access to the divided anchor locker. The 80” x 18” x 84” berth has a removable center insert and five storage areas beneath it.  Additionally, there are two cedar-lined drawers and two louvered door lockers with shelves at the aft end of the berth.  On starboard, there is a spacious cedar-lined hanging locker with a fiddled shelf above it and a sliding door locker above that.  Fiddled shelves run the length of the berth along either hullside.  A bi-fold door separates this cabin from the saloon, while another single door provides private entry the head.  Lighting and ventilation are provided by three reading lights, a 12v Caframo fan, one Dorade vent, two opening ports and an overhead hatch. Headroom in here is 6’3”.

Head: The head is located forward and on port, with access from the saloon and master stateroom.  As you enter from the saloon, there is a radiused counter with a sink to your left.  Beneath the sink is a storage locker, with a large mirror above it.  The head is adjacent to that along the hullside, with the countertop wrapping around behind it.  Above the countertop is a sliding door locker.  To the right of the head is the shower area, with a teak seat, wrap-around shower curtain, towel bar and a shower wand on an adjustable height bar.  The cabin sole is molded fiberglass non-skid for safety.  Headroom is 6’2”. Lighting and ventilation are provided by an overhead light, one light above the mirror, an opening port and an overhead hatch. 

Saloon: Continuing aft into the saloon there is a cedar lined hanging locker directly across from the entrance to the head.  Above the hanging locker is a large fiddled shelf area, with a small locker above that. Continuing aft of the hanging locker, there is a 6’5” long settee that can easily be used as a sea berth.  Beneath and behind the seats are storage the entire length of the settee, including the signature Island Packet chart drawer.  

The port settee is L-shaped and 6’6” long.  The seat can be pulled out to convert to a nice 44” wide double berth.  Beneath the seat is a mix of machinery and storage; behind the seat cushions is storage that runs the entire length of the seat.  

Above and behind both settees is shelving and storage, with large double door lockers aft (starboard matches but is LPG storage outside), shorter sliding doors forward and fiddled shelves in between. The bulkhead mounted dinette table has bottle and shelf storage concealed behind it. The table can easily seat three on port or six if the table leaf is opened.  Head room is 6’3”. 

Nav station: The nav station is aft facing on port and utilizes the dinette seating.  There is a large surface for charts, storage beneath the chart lid and a recess toward the hull in the table-top for storage of small items such as pencils and pens.  Beneath the table there is a storage bin.  Above the chart table are the electrical panels and a fiddled shelf above them.  

Galley: The galley is C shaped and located at the base of the companionway.  The sole is molded non-skid fiberglass for safety. Starting forward, the double stainless steel sink is oriented toward centerline.  There is a tip out rubbish bin and a locker beneath the sink and a tip-up counter surface behind it.  Outboard of sink is a top-loading dry bin, with a microwave in a cubby above and behind that.  Moving around along the hullside is the stove. There is a sliding door locker above it and a large cubby space beneath it for pots and pans. To the right of the stove is a huge refrigerated ice box.  Two sliding door lockers are above and behind the ice box; a continuous fiddled shelf runs the length of the galley above the lockers.  At the aft end of the galley and beneath the counter surfaces is a locker with shelves and a utensil drawer.  Two more drawers and dish organizing spaces are located above and behind the counter at the aft end.  

Lighting and ventilation for the saloon, nav and galley areas is provided by seven wall mounted lights, a chart table map light, six portholes, two Dorade vents, two overhead hatches and two Caframo fans. Headroom is 6’3”. 

Aft stateroom: As you enter the cabin there is a double door cedar lined hanging locker and two drop front cubbies, with fiddled shelves above both.  The berth is a comfortable 32" x 77”L x 70”W at the head.  The berth has a removable center inset, should you choose, for additional foot room.  There is a Caframo fan, one wall-mounted light, an opening hatch and two opening portholes. Headroom in here is 6’3”.

  • Rich teak interior 
  • Teak and holly cabin sole
  • Louvered cabinet doors throughout
  • Cedar-lined hanging lockers
  • Sliding locker doors are tambour in appearance
  • Fiberglass cabin overhead for easy clean-up
  • Teak overhead grab rails in salon
  • Multiple vertical grab rails throughout
  • Sculpted fiddles throughout
  • All interior hull surfaces are vinyl-lined for easy clean-up
  • Lewmar hatches with teak-frames and hinged screens (5)
  • Stainless steel portholes with screens (11)
  • Companionway screen
  • Island Packet swivel lamps with LED bulbs on house sides
  • Interior lighting converted to LED (’16)
  • Interior cushions replaced (’10)
  • Custom sheets for forward and aft cabin berths


  • Non-skid cabin sole in galley for safe footing 
  • Laminate countertops with teak fiddles
  • Fiddled flip-up countertop extension behind sink
  • Deep double stainless steel sinks
  • Grohe gooseneck hot & cold pressure water mixer 
  • Pull-out sprayer wand
  • Fynspray manual freshwater pump
  • Custom single ice box lid 
  • Adler Barbour 12v. Super Cold refrigeration (’08)
  • Refrigeration is air or sea water cooled 
  • Electric circulation fan for more efficient cooling
  • Electric ice box drain
  • Ice box light
  • Princess three burner stove with oven
  • Oven safety bar with harness attachment points
  • Oven ignition control switch replaced (’14)
  • Laminate and teak countertop cover for stove
  • Magic Chef Microwave (’16)
  • Top loading dry bin
  • Tip-out trash bin


  • Oval stainless steel sink
  • Grohe stainless steel hot and cold water mixer
  • Laminate radiused countertop with teak fiddles
  • Stainless steel shower bar with adjustable height wand
  • Separate shower stall area
  • Teak shower seat
  • Grohe hot and cold shower mixer 
  • Electric shower sump pump
  • Wrap-around shower curtain
  • Raritan PSII manual head
  • 18 gallon aluminum holding tank
  • Y valve configuration for overboard discharge
  • Recessed toilet paper holder
  • Large teak framed mirror
  • Teak toothbrush and cup holder
  • Teak soap dispenser/holder
  • Two grab bars and a bulkhead hand hold for safety under way


  • 90 gallon fresh water tank
  • Electric water tank gauge 
  • Seaward six gallon hot water heater (’12)
  • Fresh water pump (’15)
  • Accumulator tank (’15)
  • Anchor wash down pump
  • Cockpit shower – cold only
  • Cockpit scuppers hoses replaced (’12)
  • Par diaphragm electric bilge pump (’16)
  • Ultra bilge pump switch (’16) 
  • Whale manual bilge pump in cockpit


  • Island Packet “Full Foil” keel
  • "PolyClad" patented hull gelcoat system
  • Bottom stripped and barrier coated (’12)
  • Vinyl rub rail with stainless steel cap (’99)
  • Integral fiberglass and teak bow platform
  • Custom swim platform with stainless steel swim ladder (’06)
  • 2-tone deck with deep non-skid patterned surfaces
  • "PolyCore" polyester deck core material will not rot and is highly resistant to delimitation
  • Double stainless steel anchor rollers
  • Custom stainless steel anchor chain strike plates
  • 35# CQR anchor with 20’ of 5/16” G4 chain and 200’ of rode
  • Plow anchor with 200’ of G4 chain
  • Stainless steel hawse pipes with covers (2)
  • Lewmar electric windlass with gypsy and drum (’12)
  • Lewmar up/down foot switches (’12)
  • Lewmar wireless windlass remote (’12)
  • Johnson claw hook chain tensioner (’12) 
  • Stainless steel bow pulpit
  • Stainless steel pushpit with gate
  • Teak cap rail
  • Cap rail mounted mooring cleats with stainless steel strike bars (6)
  • 26” high double coated vinyl lifelines
  • Port and starboard boarding gates
  • Custom stainless steel (“PANACEA”) boarding plates on cap rail at gates
  • Fiberglass Dorade boxes with vinyl cowls
  • Teak eyebrow
  • Continuous teak grab rails on house top
  • Lewmar hatches with teak-frames and hinged screens (5)
  • Stainless steel portholes with screens (11)
  • Teak cockpit combing cap
  • Self-draining teak cockpit combing boxes (2)
  • Shallow cockpit locker on port
  • Small self-draining icebox under starboard cockpit seat
  • Deep cockpit lazarette on starboard with shelf
  • Dodger with side and stern grab bars (’05)
  • Bimini & connector (’05)
  • Canvas serviced and windows replaced (’15)
  • Teak companionway boards with Island Packet center glazed panel
  • Drop board securing pin system
  • Solid clear plexiglass drop board


  • Schafer Genoa roller furler
  • Schafer staysail roller furler
  • Self-tending staysail boom
  • Sparcraft Keel stepped single spreader aluminum mast
  • 1x19 stainless steel wire standing rigging
  • Split backstay
  • Tides Marine low friction sail management system (’15)
  • Hydraulic boom vang
  • Mid-boom sheeting
  • Ronstan mainsail track and car
  • Ronstan self-tending staysail track and car
  • Lewmar #24 two-speed Genoa halyard winch on mast
  • Lewmar #8 staysail halyard winch on mast
  • Lewmar two-speed #44 self-tailing primary winches
  • Lewmar #8 staysail sheet winch on housetop
  • Lewmar two-speed #16 self-tailing control winch on housetop
  • Lewmar two-speed #30 self-tailing control winch on housetop
  • Spinlock line clutches (6)
  • All control lines are led aft to the cockpit
  • Spinnaker halyard
  • Topping lift
  • Stack pack with lazy jacks (’11)
  • North 120% Genoa
  • North Self-tending staysail
  • North full batten main with two reef points
  • Sails regularly cleaned and serviced; last 2017
  • WinchRite rechargeable cordless winch handle
  • Two floating winch handles


  • Yanmar 3JH2E 38HP engine with 1675 hours Serial # 01079
  • 50 gallon aluminum fuel tank
  • Fuel tank sensor (’16)
  • Racor 500 fuel filter
  • Electric fuel pump
  • Vetus water injected exhaust system
  • Three blade 17x14x3 bronze prop (’14)
  • Lead lined engine room sound insulation 
  • Edson steering pedestal
  • Single lever throttle control
  • Edson stainless steel wheel with leather cover
  • Rack and pinion steering system
  • Wheel brake
  • Ritchie compass
  • Lunaire 16,000 BTU reverse cycle heat and air conditioning


  • Two 30A shore power connections w/50’ cords
  • 120V AC electrical panel with volt meter
  • 120V electrical receptacles throughout w/GFCI protection
  • 12v DC electrical panel with volt and amp meters
  • 12V receptacles at nav station (2)
  • Multi-stage battery charger (’08)
  • Balmar 90A alternator (’96)
  • Spare Hitachi alternator
  • West Marine Group 27 AGM engine starting battery ('19)
  • West Marine Group 27 AGM genset starting battery (’19)
  • Two West Marine Group 27 AGM house batteries (’19)
  • Perco house bank battery selector switch
  • Perco #1 & #2 (house & engine) battery selector switch
  • Perco genset battery selector switch 
  • Entec 4.2Kw diesel generator with volt and amp meters (10 hours max since complete rebuilt ’17)


  • Garman echoMAP CHIRP 54DV Chartplotter/GPS also displays Speed, Depth, bottom scanning sonar
  • US BlueChart g2 HD charts for the East Coast, Chesapeake Bay and ICW
  • Cetek wind 
  • Cetek speed (works, but needs new screen)
  • Airmar Doppler speed transducer (’10)
  • Cetek depth
  • Standard Horizon VHF radio 
  • Icom IC-M2A water-proof hand-held VHF
  • Insignia 23” flat screen TV
  • Terk 1925 GM indoor HD TV antenna


  • Life Sling II overboard rescue system
  • PFD’s
  • West Marine Sospender style life vests 
  • Life jacket tethers (2)
  • 12v search light
  • Fenders
  • Dock lines
  • Boat hook
  • Deck brush
  • Fiberglass folding cockpit table
  • Binnacle mounted teak drink holder
  • Custom cockpit cushions
  • Propane grill
  • Flagstaff
  • Bosun’s chair
  • Black and Decker dust buster
  • Weems and Plath brass clock
  • Weems and Plath brass barometer


Owner’s personal effects and any items not specifically described in this listing

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