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1978 Morgan 382 for Sale


Thomas McNulty
Hey guys,
I’ve decided to sell my M382. Here is a list of the upgrades. This boat is near perfect and ready to cruise. Located on Lake Pontchartrain in Mandeville, LA with easy access to the Gulf of Mexico.

Asking price $42,000

I can be reached at (985) 209-5555 or tgmcn@icloud.com.

New Yanmar 3Jh4E and new control panel with gauges, along with new hoses, and all new 3” exhaust system

>New Kanzaki 2.6:1 transmission

>Re-wired entire cabin with tinned marine wire by certified ABYC Electrician

>New electric panel with all new circuit breakers and gauges

>GFCI outlets for all AC power outlets in cabin

>12volt outlets in v-berth, Nav station, and 4 in cockpit

>New 16,000 BTU Marineaire Reverse Cycle air conditioning and heating

>Re-plumbed freshwater system on entire boat with PEX

> 3 gpm 12 volt freshwater pump

>Replaced 40 gallon port water tank (original 60 gallon starboard tank in good condition)

>New sink and faucet in galley

>Installed new Harken roller furling system in 2011

>Upgraded Enkes very large jib sheet winches to true self-tailing

>Added Lewmar 40ST (self-tailing) winch for main sheet.

>Added true self-tailing winches for halyards

>Mast top marine omnidirectional television antenna

>Ullman stack pack with retractable lazy jacks

>Sunbrella bimini with stainless frame and viewing window

>New Sunbrella dodger with stainless frame

>Fairly new full batten main sail

>New 1.5 oz. asymmetrical spinnaker with dousing sock

>Replaced nearly all running rigging

>Coaming boxes in cockpit

>Paracord wrapping on 36” steering wheel

>Cockpit shower with hot and cold pressurized water

>Stainless propane bottle mount on stern rail

>Raritan toilet with spare parts

>Water saving shower head

>Shower diaphragm sump pump

>Recovered all interior cushions with outdoor fabric

>Upgraded all of interior stripped and varnished wood surfaces and replaced headliner

>All LED lighting for navigation and interior lights. Every light on boat is LED (not bulbs but all new LED fixtures).

>Tongue and groove solid teak cabin sole

>Winch covers for all cockpit winches

>Sony marine stereo with speakers

> 12 volt LCD television

>All AGM batteries for house and engine

>Nice marine battery charger 40 amp

>2000 Watt inverter

>Portable wash down pump

>6 gallon water heater

>Garmin 541s GPS with depth sounder and upgraded Gulf of Mexico charts

>Teak companionway doors

>Rebed all ports

>Peek a boo shutters on all ports

>New hot dipped 3/8” galvanized anchor chain

>Added galvanized 44 pound Spade anchor as well as FX-23 Fortress aluminum anchor, FX-11 and galvanized stern anchors

>Gloss deck paint

>New bottom paint 11/16

>Dual bilge pumps and bilge pump float switches

>Added bilge alarm

>Feathering Kiwi Prop and spare bronze propeller

>New dripless shaft seal

>Replaced nearly all thru hulls and ensured others were in great condition

>Some new cabinet doors (all in great condition)

>12v Caframo fans in cabin

>Hatch lexan in both hatches

>12v engine compartment vent fan

>SS vent clams for engine compartment

>Added tinted Lexan divider in head with new shower curtain for separate stand up shower

>New Smartplug shorepower inlet

>New Smartplug generator pigtail

>Tides Strongtrack for mainsail

>New countertop in galley

>Refurbished pedestal Ritchie compass

>Replaced large fixed ports

>Diesel filtration system with redundant spare filter

>New Sampson Post at anchor windlass

>New depth, speed and voltmeter over companionway

>New cockpit cushions

>New Magma propane marine grill

>New handheld Cobra VHF Radio

>New manual bilge pump (backup to electric pumps)

>Smoke, Carbon Monoxide, and propane detectors in cabin

>Sail inventory includes 2 full batten mainsails (one is excellent other good but stains), 150% Genoa (good condition), 110% Genoa (good condition), Drifter (fair condition), and asymmetrical spinnaker (red/white/blue like new)

>Custom made, heavy duty bow anchor roller for two anchors (best bow roller I’ve ever seen)

>Seatiger 555 manual windlass (old but good condition)

>Three burner stovetop with oven works great

>Alpha 3000 autopilot (works great)

>All exterior teak needs refinishing

>Davit arm for outboard on stern rail

>Cabin top traveler

>No window leaks

>Shore water system

>Boat is beautiful inside and out. It is ready for cruising.
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Thomas McNulty
I just don’t get to the boat like I used to. We used to go for 20 to 30 day sails a year but I have only taken it out once in the last year.
It is perfect for someone wanting a completely finished M38 with the new engine, new reverse cycle air conditioner, great sails, spade anchor, etc.


Mark Pearson
Staff member
Wow. You have a great & super well maintained boat. I choose not to think about how we paid more for Zia then how much we put into those improvements you’ve done.

This is a great deal for someone.

And we will miss you around here.

However as financially irrational as boat ownership is, it is truly bonkers crazy if you don’t get to use the boat very much. We salute your rationale on that one.
Tom, I never got around to sailing with you Tom, and hate to see you sell your boat before I get a chance to at least see it. I need to pick up my mainsail from David at West Wind which is near your so when I do, I will give you a call. Hopefully you will still have it for me to see it.


Thomas McNulty
I’m not in a rush to get rid of it. I have only notified this forum that it is for sale. Let me know when you are in Mandeville.
Will do Tom, I won't let many weekend go by. The next two weekends I am committed but perhaps a Friday after that. In any event, I will give you a call. I still have your number in my phone. thanks much


Thomas McNulty
My boat sold today. It will stay on Lake Pontchartrain but will cross the lake to the south shore.
I have certainly enjoyed this forum for the past 10 years. You guys have taught me a great deal. I will stop by from time to time to check in.
Happy sailing


Mark Pearson
Staff member
Hey Tommy - congrats on the sale! Thanks for being an active member of the forum and hopefully we'll see ya around!


Thomas McNulty
Thanks Mark. This was a great forum as an owner of a M38. I will check in from time to time. Thanks for all you have done to maintain a network for owners.


James M. Cleary
Boat or no boat, that invitation to sail with us in New York still stands. And if we can't sail, we can drink beer.