1974 Cheoy Lee Offshore 31 Ketch | Forgotten Barn Find Classic Needs a New Captain | $8k | Full Tour

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1974 Cheoy Lee Offshore 31 Ketch | Forgotten Barn Find Classic Needs a New Captain | $8k | Full Tour

Hey BoatFools Nation!
Canadian Ken and I tracked down a true barn-find time capsule — a 1974 Cheoy Lee Offshore 31 Ketch that’s been sitting under a hoop barn for three years, just waiting for the right sailor to bring her back to life.

Only about 150 of these Herreshoff-inspired classics were ever built. Designed off the Bermuda 30, she’s a solid-fiberglass, full-keel cruiser with integral concrete ballast, teak decks, and that unmistakable Cheoy Lee craftsmanship.

Below decks you’ll find warm teak-and-holly floors, a cozy galley with room for a propane stove, a solid-fuel heater, V-berth forward, and captain-and-mate bunks in the salon. Power comes from a tough 31-hp Universal diesel, and she carries a full suite of sails — main, mizzen, jib, and spinnaker — plus wood masts, new stainless lifelines (2020), and new steering cables (2022).

The price? $8,000, including yard stands and extras. Plus the boat can stay where she is until she's ready to launch.

The challenge? She’s been on the hard for three seasons and needs some TLC before she sails again.

Watch as we dig into her bones, explore what it’ll take to get her floating, and debate: Can this classic be saved?

***IF YOU ARE INTERESTED IN LEARNING MORE ABOUT THIS BOAT, PLEASE CONTACT THE SELLER DIRECTLY AT: [email protected]

If you'd like to see the video on the HINDU - here is the link: https://youtu.be/SWgWxA2I0iw

Drop your thoughts in the comments — would you take on a project boat like this?

Chapters:

00:00 – Opener - Canadian Ken has a strange new accent
00:16 – Intro - Barn find Cheoy Lee
02:33 – Keel, Hull, Spars
08:40 – Up on Deck
11:53 - The Cockpit
15:05 - Engine Access!
16:00 – Below Deck
24:24 – Engine Access Part II
25:17 – BoatFools Verdict & Final Thoughts

Thanks for watching and see you next time!
-BoatFools Sailing Team

Real boats, real people, real fun! Sailboats for the Rest of Us! Join us for full boat tours, expert insights, and sailing adventures—all with a touch of humor.

1974 Cheoy Lee Offshore 31 Ketch | Forgotten Barn Find Classic Needs a New Captain | $8k | Full Tour Location

  • Maine (45.253783,-69.4454689)

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