preowned runabout billy joel boat
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2003 38’ Shelter Island Runabout

This 38’ Shelter Island Runabout has been impeccably kept and updated annually.  With her twin Mercruiser 425 hp engines this Runabout is one of the fastest ever built. She is equipped with full electronics and additional Stidd seating. This one owner Runabout is being offered for the first time and might not last long on the market.


  • Kevlar/E glass hybrid composite hull, SCRIMPed with vinylester resin.
  • The deck is an E-glass composite with vinylester resin
  • Through bolted guardrails and quarter guards.
  • All deck surfaces are gelcoat with molded in non-skid in traffic areas - exception of the teak cockpit sole.
  • Awl gripped Flag Blue hull and Matterhorn White boot top
  • Barrier coated and red painted bottom


  • 8 custom 316 stainless chocks with open based cleats
  • Large anchor locker located in the bow, plenty of room for anchor rode, fenders and dock lines
  • Varnished teak toe rails, eyebrows, handrails and coaming cap
  • Custom Lewmar opening portholes (4)
  • Large Lewmar opening overhead hatch
  • Solar vent for head
  • Varnished teak windshield
  • Varnished teak flag mast with radar on custom 316 stainless platform mount
  • Extended back deck, engine room hatch that is lifted at a touch of a button
  • Deck non-skip pattern molded in gelcoat
  • Teak swim platform
  • Rupp rod holders (2)


  • 4 Ultra-comfortable Stidd chairs, the helm chair is power adjustable
  • Forward facing back bench, hinged for additional access to engine room
  • Buff Ultraleather upholstery
  • Very large storage space under the cockpit floor accessed through properly sized deck hatch with gas spring lifts
  • Folding cockpit steps
  • Cockpit sole is traditional planked teak deck
  • Oversized Chart kit book locker with binocular rack by the helm
  • Built in glove box with varnished teak lid
  • Stamoid Navy top with side windows, drop curtains and full cockpit cover
  • Elk hide covered grab rail for Navy top
  • Teak rimmed steering wheel

Down below sleeps two in an oversized double with filler cushion, Almond Ultra suede upholstery.  When not used as a bunk the V berth area is laid out as two generous sofas with upholstered backrests.  An extra large hanging locker forward, shelving and a bureau with book locker easily handle a couples cruising needs for space.  There are reading lamps over the bunks and a fan to circulate air.  Finished in soft white with satin varnished teak trim and a varnished teak cabinsole.  The head has a stainless sink and Scandvik fixture. There’s a pull-out shower with automatic sump pump.  There’s ample locker space for towels and toiletries plus a teak framed mirror is mounted on the bulkhead.

There is plenty of counter space with a stainless steel sink and Scandvik faucet.  There are also lockers and drawers for utensils and food storage.  A 12VDC/110VAC refrigerator can keep food and beverages cool and the built in microwave serves piping hot prepared dishes and hors d’ oeuvres for guests. This boat has the optional ceramic cook top and up sized inverter.


  • Raymarine E120 GPS/Radar (2009)
  • Raymarine 230 VHF radio
  • Raymarine ST 40 Bidata depth/knot meter
  • Simrad AP22 Autopilot
  • AM/FM stereo with CD changer, 4 Bose speakers

12 VDC System:

  • Marine grade, tinned copper wiring to ABYC standards
  • 2 4D batteries
  • Parallel switch for emergency starting of either engine
  • Magnetic circuit breaker panel with indicator lights
  • Mains disconnect switches

110 VAC System:

  • Circuit breaker panel with voltmeter and indicator lights
  • Heart Freedom 25 Inverter for microwave and outlets in galley and head
  • Shore power inlet with 50’ cord


  • Twin Mercruiser 496 HOs, 425 hp each (replaced 2009) Apr. 365 hrs. Extended warranty to 2017
  • Stainless steel trim tabs
  • Power assisted steering
  • Morse controls power shift and throttles
  • Rule 2000 bilge pumps with Ultra Pump switches (2)
  • Heavy-duty self parking wipers
  • 8 x 20 fenders with covers (4)
  • Bow and stern teak flagstaffs
  • Ritchie high speed compass
  • Cockpit courtesy lights
  • Atlantic stainless hot water heater
  • Jabsco electric head system with holding tank


Additional comments:

This Runabout was commissioned in 2003 by a very knowledgeable owner.  She is in Bristol condition and has been maintained to the highest standards.  The Runabouts are known for their extraordinary manners and smoothness underway and this boat is no exception.  With her 496 HO big block engines this boat is one of the original hot rods and a real joy to drive.  There is no comparison with other offerings in this class of boat in terms of handling, speed, fuel economy and style.  She’s the best of her kind.


Asking Price: $295,000



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68 Cartwright Road, Shelter Island, NY  •  (631) 749-0856