New boats & used boats for sale - search our large selection of boats from around the world

1988 Island Packet Cutter (Sloop Rigged)

$54,000 USD

  • $54,000 USD
  • Doug Scott
  • Active
  • Used
  • Cruiser Racer Sailboats
  • 1988
  • Island Packet
  • Cutter (Sloop Rigged)
  • St Petersburg Beach, Florida, US
  • Sail
  • 31ft / 9.45 m
  • 11ft 6in / 3.51 m
  • Yanmar
  • 3gm30f
  • Inboard
  • Diesel
  • Fiberglass
  • 11000
  • 2016-06-19
  • 2016-09-28
  • 2276263

    The current owners of "Dreamtime" bought her in late November 2015.  They addressed the findings on the Survey, and have done a great job of keeping this classic pocket cruiser in "above average" condition.  They have spent thousands over the last 8 months of ownership getting her ready to cruise both functionally and aesthetically.

Their Cruising Plans have changed due to health reasons.

     Take a close look at the pictures.  The high quality build of the Island Packet 31 makes it possible to clean her up like a classic Mercedes.  

    There were 264 IP 31's sold in a production run that lasted from 1983 to 1989.  The Hull is solid fiberglass construction.  A unique feature of all Island Packet sailboats is their method of deck construction. Instead of using balsa or foam core material, Island Packet uses their own "Polycore", a mixture of resin fillers which is heat, rot, and delamination proof. The deck is attached with a integrally molded hull flange and a through bolted hull to deck joint using lock nuts. The accommodations and livability of the IP 31 may be matched but can't be beat on a 31' boat. The 11'6" maximum beam and wide waterline beam allow accommodations to be pushed outboard providing plenty of livable space. (6'3" Headroom) The galley is U-shaped and is the size found on many 35 to 38 footers. The newly reupholstered Quarter Berth can be fully enclosed.

  • Mack Sails Mack Pack (New Dec 2015)
  • Salon Cushions upgraded to Beautiful Almond Ultra Leather HP 2016
  • Gemini Compass (refurbished by Viking Compass 2016)
  • New Genoa Sacrificial Canvas cover replaced and sail completely inspected by the  loft in 2016
  • New Shore Power Cord and Extension (Dec 2015)
  • New Mast boot 2016
  • Engine raw water pump replaced 2015 (Survey Finding)
  • Quarter Berth and V Berth Cushions covered in Sunbrella Antique Beige 2016
  • Hull and Deck Buffed
  • All Bright-work Sanded and Varnished 
  • Cabin Sole Sanded and Varnished
  • New Glass installed In Dodger (2015) 
  • Bottom Done May 2015
  • Engine rebuilt by Yanmar dealer in June of 2012 at a cost of $6736 (under 400 Hours after order available)


  • Large Icebox
  • Double Stainless Sink
  • Two Burner Hillrange Propane Stove and Oven
  • Water Heater
  • Hot and Cold Pressure Water


  • Gemini Compass (refurbished by Viking Compass (2016)
  • Std Horizon Depth
  • Std Horizon Wind is not Functional
  • Std Horizon VHF
  • Sony Am FM


  • New Batteries Dec 2015
  • 30 Amp Automatic Batter Charger
  • 50' Shore Power Cord with extension (New Dec 2015)
  • 12V DC and 110 AC Shore Power


  • Yanmar Model 3GM30F, Three Cylinder Marine Diesel Developing 24 HP @ 3400 RPM
  • Under 400 Hours on the rebuilt Engine
  • Engine rebuilt by Yanmar dealer in June of 2012 at a cost of $6736
  • New Engine water pump 2015
  • 25 Gallon Aluminum Fuel Tank

Sails and Rigging

  • Mack Sails Stack Pack New 2015
  • Currently Sloop Rigged
  • Cutter rigging not installed or conveyed with the boat 
  • Harken Mark IV Roller Furling with New Fair-leads to improve ease of use
  • Foam Luff in Genoa (New Sacrificial Cover and complete loft inspection 2015)
  • New Reefing Lines 2010
  • Steve Smith rig inspection Dec 2015 with only recommendation being replacement of bob-stay toggle

Hull and Deck

  • Two 25# CQR Anchors
  • Dual Anchor Rollers with chain hawse pipes
  • Set of Fenders and two New sets of Premium Dock Lines (Dec 2015)
  • Lifelines replaced in 2007
  • Diamond Molded Non Skid Deck
  • All Stainless Ports inspected in 2016 with gaskets replaced as needed


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.

For Sale By Massey Yacht Sales & Service - St. Petersburg

The Harborage Marina 1110 3rd Street South, Suite 2
St Petersburg, Florida, 33701