42' (12.80m)

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2002 42' ISLAND PACKET YACHTS Cruising Sailboat 420 Rock Hall Maryland United States
$275,000 USD

The 2002 42' ISLAND PACKET YACHTS 420 Cruising Sailboat Panasea is a sail boat for sale located in Rock Hall, Maryland, United States. Contact the yacht broker to receive more information or schedule a showing of this 2002 42' ISLAND PACKET YACHTS 420 Cruising Sailboat Panasea yacht for sale in Rock Hall, Maryland, USA today!

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LENGTH 42' (12.80m)
BUILT 2002
BEAM 14' 3" (4.34m)
LOCATION Rock Hall, Maryland, USA
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is a superbly equipped and maintained Island Packet 420 in ready to cruise condition.  Her owners have made essential and desirable upgrades and improvements that ensure her continued safety, comfort, performance and operation.

Panasea is currently on the hard in Rock Hall.

Showings or videos may be scheduled now.

She will be fully commissioned for the 2021 sailing season in early spring to include:

  • New Quantum Furling Mainsail (2021)
  • New Cruising Spinnaker (2019)
  • Newly installed Garmin electronics (2019)
  • AIS (2019)
  • New Windlass (2020)
  • Winches serviced (2020)
  • New running and standing rigging (2020)
  • All essential manuals on board
Please read the full listing for all details and improvements to appreciate the extent of care, maintenance and outfitting.



About the Island Packet 420

The Master Stateroom is forward with its ensuite head at the bow.  A separate shower stall is on starboard with the commode and sink across on port.  The Head is well ventilated with 2 opening ports and an opening hatch.  There is an access door to the anchor locker in the forward bulkhead, and the thruster motor is accessed under the shower seat

The Master Stateroom follows aft with large pullman double berth on starboard and angled away from the hull side so that you do not need to climb over your sleeping partner to get out of the berth.  The foot of the berth lifts for blanket and sheet storage and has 2 additional drawers under .  There is a cabinet with 5 shelves on starboard while on the port hull side there is a large hanging locker and a bureau..  There are 2 opening ports plus 2 opening hatches for wonderful ventilation.

The salon follows aft with facing settees and a bulkhead mounted table on starboard.  With the table stored up against the bulkhead, the saloon becomes a very spacious living, relaxing and entertaining space. The settee under the table pulls out to make double berth.  There is tremendous storage under & behind both settees. Still more storage above in cabinets and shelves along the hull sides.  

The big, hull facing  Nav Station is on starboard aft of saloon with a large desk and an electric swing out chair.  There is a chart holder under the desk.

The large, well designed "U" shaped  Galley follows aft on starboard.  There are 6 opening ports and 2 opening hatches in the Saloon/Nav/Galley area.  Again, every inch is used for storage and work space.  Plus you get double sinks, separate Frigoboat refrig and freezer (with temp monitors), 3-burner propane stove/oven as well as nifty dinnerware  and dry storage areas.  A nice custom drop-down table provides still more space for serving or stacking dirty dishes.  Last but not least,: there is a real pull-out full sized trash can.

Across on Port from the Galley and Nav Station is the comfortable Aft Head with privacy doors to both the main saloon and the aft cabin .  An opening port and hatch keep the air moving.

The Companionway separates the Galley and Head.  The well insulated engine area is under the companionway steps. The entire engine and drive train are very easy to get to with side doors, removable stairs/cover and easy-to-move cushions in the aft cabin.  The fuel filter and fuel pump are mounted on the starboard engine compartment door for instant access

The Aft Cabin lies athwartship with a very large double berth and room to stand and dress at the entrance.  A hanging locker, bureau and additional storage under the berth provides your guests with room for their gear.. An opening hatch and 2 opening ports provide great ventilation as well.

The Cockpit is large and comfortable for sailing, relaxing and entertaining.  There are stern rail seats for a perfect view.  A swim ladder that drops down to the sugar scoop swim platform makes boarding a dinghy safe and easy.  

  • Holding Tank Replaced (2014)
  • Two Zone Reverse Cycle (16000 & 7000 BTU) Heat Pump Air Conditioners.  Replaced 7000BTU unit Circuit Board '15
  • 7 Hella 12Volt Fans
  • Hot & Cold Pressure Water System with 110 Volt, 11 Gallon Hot Water Heater and Engine Heat Exchanger
  • Hot Water Heater Replaced (2011)
  • Manual Cold Water Pump in Galley
  • Frigoboat Alaskan Keel Cooled Refrigeration and Freezer with Crossover Fan
  • Princess 3-Burner Gimballed Propane Stove/Oven
  • Port Screens Throughout
  • Glebe Creek Teak Hatch Screens
  • Ocean Air Pull-out Hatch Shades
  • Zarcor Synthetic Cafe Doors with Screen Inserts
  • Marine Tech Propane Snifter & Carbon Monoxide Indicator
  • Island Packet Carpet Package


The Island Packet 420 is equipped with a 12 volt Ship's and  2 - 120 volt Shorepower Electrical Systems w/one dedicated to the AC/Heat Pump System.  

All Electrical Manuals are on board.

  • IP Electrical Cruising Upgrade: 2-Separate Battery banks with a momentary switch on the engine panel for emergency engine starting from the house bank - Charles 5000 Series 40 Amp Temp Sensitive Battery Charger, Balmar 140 Amp High Output Alternator (2019)
  • 3 - Solar Panels (250 Watts) Mounted over Bimini w/Blue Sky Controller 2015
  • House Bank: 5 AGM Group 27 Batteries (2019)
  • Engine Start: 1 AGM Group 27 (2020)
  • Blue Seas Battery Monitor 2015
  • 3 -  12 Volt Charging  Outlets (Owner's Cabin, Cockpit & Helm)
  • 2 Reverse Cycle Heat/Air Units 7000 & 12000 BTUs
  • Galvanic Transformer on each 110 Volt Circuit in Starboard Lazarette (2017)
  • 12V LED Reading Lights
  • 2 - 50' Shorepower Cords
  • 2 - 30' Shorepower Cords
  • 50 to 30 Amp Pigtail Adapter
  • Xantrex 2000 Watt Inverter/Charger (2015)
  • 4 - 12 Volt Outlets

Electronics and Navigation Equipment

  • Ritchie Compass at Helm
  • Garmin Wind Speed, Knot Meter and Depthfinder with Autohelm control (2019)
  • Garmin GPSmap 8612 Multifunction High Definition Display (2019)
  • Garmin VHF Radio at Nav Station with repeater (2019)
  • Garmin AIS Receiver and Transmitter (2019)
  • Paper Charts for Entire ME-FL East Coast & Caribbean
  • Davis Windex at Mast Head (2018)
  • Weems & Plath Clock, Ship's Bell and Oil Lamp
  • Fusion Digital AM/FM Stereo, Marine Weather and XM Satellite (2019)
  • New Flat Screen HDTV in Salon (2019)
  • Triax Amplified TV Antenna at Mast Head
  • All Equipment Manuals on board

Sails and Rigging

  • New Quantum Furling Mainsail (2021)
  • New Cruising Spinnaker (stored inn bag) (2019)
  • Additional Mainsail Halyard
  • Harken Headsail Furling System on both Genoa and Staysail
  • Quantum 110% Genoa
  • Quantum Staysail on self-tacking Hoyt Boom
  • Mast Mounted Whisker Pole
  • 2 - Anderson 52, 2-Speed ELECTRIC Primaries
  • 2 - Lewmar 16ST 2 Speed Secondaries
  • 2 - Lewmar 44ST 2 Speed Main Halyard, Sheet & Furling Winches on Coach Roof
  • 1 - Lewmar 8ST 2 Speed Staysail Sheet Winch on Coach Roof
  • 2 - Lewmar 24 2 Speed Halyard Winches on Mast
  • 1 - Lewmar 8 2 Speed Staysail Halyard Winch on Mast
  • 4 - Spinlock Rope Clutches on Coach Roof for Mainsail Furling, Sheet & Spare Halyard
  • All Winches Serviced (2020)
  • New Running Rigging (2019)
  • New Standing Rigging (2020)
  • New Boom Vang (2020)
  • Traveler on Coach Roof w/lines led to cockpit


The Island Packet 420 has a solid glass hull with an integral Full Foil Keel.  Her Deck is synthetically cored.. A Spade Rudder hangs behind the keel with a boxed support that protects rudder and prop from lines and debris..

  • Exterior Teak was Stripped and Refinished w/2 Coats Cetol Light and then 3 Coats of Gloss (2017)
  • New Electric Windlass w/Bow & Cockpit Controls (2020)
  • Rocna 55# Anchor (2017)
  • SS Swivel with 200' HT 3/16" Chain (2018)
  • Horizon 44# Claw Anchor w/16' Chain and 150' 3-Strand Nylon Rode
  • Two Anchor Rollers on Bow Sprit each with Anchor Snubbers
  • SS Anchor Bridal/Snubber w/5/8" Line (2015)
  • SS Chafe Guards protecting Teak Coaming from Dock Lines and Sheets
  • Dodger with Struts, Side and Aft hand rails & 3-Piece Stratoglass Windshield (2015)
  • Bimini with Struts and Sighting Window & Connecting Panel (2015)
  • Full Enclosure (2015)
  • Drop Down Side and Rear Sunbrella Sun and Rain Shades (2015)
  • Custom Stern Pulpit with SS Rails Extending from Pulpit to Boarding Gates on each side (2016)
  • 3 - Chrome Dorades with Guards
  • New Tri-Color Mast Head Light (2019)
  • (3) New LED Deck Lights (2019)
  • Pad Eyes for Jack Lines in Cockpit
  • Raw Water Deck Washdown at Bow & Stern
  • Fresh Water Hot/Cold Cockpit Shower
  • Glebe Creek Teak Hatch Screens
  • Zarcor Cafe Companionway Doors with screen inserts that allow for Companionway Boards when needed
  • Cockpit Table
  • Teak Foldable Coffee Table
  • Cockpit Cushions (Tan w/Blue Piping)
  • Stern Rail and Helm Seat Cushions to Match
  • Chrome IP Step Pads at Lifeline Gates
  • Fold Down Swim Ladder from Swim Platform
  • Rub Rail with SS Striker
  • Stainless Steel Flag Pole
  • USCG Saftey Package including MOB Life Sling
  • Garhauer Outboard Motor Lift
  • Edson Stern Rail OB Motor Mount
  • Fenders & Dock Lines and Boat Hook
  • Canvas Winch, Hatch and Binnacle Covers
  • Kato Dinghy Davits with (Upgraded Block and Tackle 2017)
  • West Marine 10' Dinghy with 2-1/2HP Yamaha Outboard (2015)
  • Magma Grill with Case (2017)
  • Bow Lines & Fenders
  • Boat Hook
  • USCG Safety Package including Weems & Plath Electronic Flare


  • All Mechanical Manuals on Board
  • Tachometer Replaced with about 1000 Hours.  Tachometer Currently shows under 500 for a total of less than 1500 hours
  • Oil Changed.  New Fuel & Oil Filters plus New Impeller
  • Pre-Fuel Filter installed (to prevent issues with different fuel conditions)
  • Side Power 6HP Bow Thruster w/Joy Stick Control
  • Dual Racor Fuel Filters w/Vaccum Gauge
  • New Scupper Drain Hoses (2015)
  • Feathering 3-Blade Auto Prop Propeller
  • 3-Blade Fixed Propeller
  • Electric Auto/Manual Bilge Pump
  • New Holding Tank (2014)
  • Waste Tank Macerator Pump Replaced (2019)
  • Sealand Holding Tank Gauge
  • IP Water and Fuel Gauges
  • Bilge Pump with Event Counter & Alarm (2015)
  • Water Pump (Spare Pump on Board) (2015)
  • Variable Speed Fresh Water Pump (2021)
  • Forward Shower Sump Pump Replaced (2018)

Listing Marketed by

Jack Malatich
S&J Yachts
7076 Bembe Beach Road Annapolis, Maryland, 21403 USA

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Jack Malatich
S&J Yachts