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Under Contract Sanctuary

1996 Island Packet 40

Fort Walton Beach, Florida · 600 engine hours · Updated Sep 28, 2026

$165,000

USD · OFFERS CONSIDERED

40 ft
Length
12 ft
Beam
Cutter
Class
Yanmar 4JH5E
Engine
53 HP
Power
600
Hours
2
Cabins
2
Heads

Overview

1996 Island Packet 40 – Completely Restored in 2024 | Turn-Key Bluewater Cruiser


Extensively restored and upgraded in 2024, this Island Packet 40 is a rare opportunity to own a truly turn-key cruising yacht. Combining the legendary offshore capability and craftsmanship of Island Packet with virtually every major system replaced or modernized, this vessel is ready for coastal cruising, offshore passages, or full-time liveaboard adventures.


The heart of the boat is a new Yanmar diesel engine paired with all-new running gear and a new rudder, providing exceptional reliability and peace of mind. To further ensure long-term dependability, the vessel received new fuel tanks and new freshwater tanks in 2024. Navigation has been completely modernized with a premium Raymarine electronics suite installed in 2024, featuring Axiom Pro multifunction displays, a 48-mile radar, Raymarine autopilot, wireless dual VHF radios, and a RealVision transducer for advanced sonar and charting.

Comfort has been equally prioritized with a new 16,000 BTU Velair air conditioning system, 12-volt bow thruster, battery charger, Seaward hot water heater, deep freezer, and a Force 10 three-burner LPG stove with oven. A new bimini top and full enclosure provide outstanding protection from the elements, while Starlink Mini and solar panelsallow you to stay connected and self-sufficient wherever you cruise.

Sail handling has been completely refreshed with new Quantum Dacron sails installed in 2024, including a roller-furling genoa, roller-furling staysail, and in-boom furling mainsail, delivering excellent performance with effortless handling.


2024 Highlights

  • Complete restoration completed in 2024
  • New Yanmar diesel engine
  • New running gear
  • New rudder
  • New fuel tanks
  • New freshwater tanks
  • Complete Raymarine electronics packageAxiom Pro multifunction displays
  • 48-mile radar
  • Wireless dual VHF radios
  • Raymarine autopilot
  • RealVision transducer
  • Velair 16,000 BTU air conditioning
  • 12-volt bow thruster
  • Battery charger
  • Seaward hot water heater
  • Force 10 three-burner LPG stove with oven
  • Deep freezer
  • New bimini and full enclosure
  • Starlink Mini internet system
  • Solar panels
  • Quantum roller-furling Dacron genoa
  • Quantum roller-furling Dacron staysail
  • Quantum in-boom furling Dacron mainsail


This Island Packet 40 represents an exceptional value for buyers seeking a proven bluewater cruiser without the expense and downtime of major refits. With virtually every critical mechanical, electrical, navigation, plumbing, and sailing system already upgraded, she is ready to cast off immediately for your next adventure.


If you're searching for a fully restored, extensively upgraded Island Packet that is truly ready to cruise, this yacht deserves serious consideration.

Specifications

Length Overall
40 ft
Waterline Length
34 ft
Beam
12 ft
Draft (min)
4 ft
Bridge Clearance
58 ft
Displacement
22,800 lbs
Hull Material
Fiberglass
Fuel Type
Diesel
HIN
TDLUS069A696
Condition
Used
Refit Year
2024
Cabins
2
Heads
2
Fuel Capacity
90 gal
Water Capacity
170 gal
Holding Tank
22 gal

Equipment & Systems

Features

  • HVAC: Air Conditioning

Engines (single)

Yanmar 4JH5E

Year
2014
Power
53 HP
Hours
600
Fuel
Diesel
Drive
Inboard
Notes
Middle

Location

Location Fort Walton Beach, Florida, United States
Flag / Registration United States
Region Continental United States

Your Broker

Ward Yacht Sales


Send a Message

Questions about 1996 Island Packet 40

What is the asking price for 1996 Island Packet 40?

1996 Island Packet 40 is currently listed at $165,000. Final terms depend on survey, sea trial, and offer structure.

Where is 1996 Island Packet 40 located and can I schedule a showing?

1996 Island Packet 40 is located in Fort Walton Beach, Florida and is marked Under Contract. Showings and sea trials can be arranged for qualified buyers through our team.

What are the key specs for 1996 Island Packet 40?

1996 Island Packet 40 is 40 ft overall and includes 40 ft · Cutter · fiberglass.

Is financing available for 1996 Island Packet 40?

Yes. Marine financing is available for many vessels, with terms based on model year, buyer profile, and lender underwriting.

Can I get a survey and mechanical inspection before closing?

Yes. Buyers are encouraged to complete an independent marine survey and engine/mechanical inspections during due diligence before final acceptance.

Is this a co-brokerage listing with Dunigan Marine Group?

Yes. This vessel is listed by Dunigan Marine Group. Ward Yacht Sales can represent you as a buyer's broker and coordinate the process through closing.

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