fbpx 1971 40 Custom Carolina Warren O Neal Boats for Sale

Yachts for Sale

1971 40' Custom Carolina Warren O'Neal

$ 535,000 USD

Manteo, NC, US


Custom Carolina 40' Warren O'Neal


Completely refurbished in 2021 / 2021 Survey in Hand

CAT C7.1 motors / Standard CAT Warranty begins with next owner

The Islander is a true one of a kind boat and and a rare blend of original classic lines and construction with modern power, fit, finish, equipment and technology. She was built in 1971 by Warren O'Neal as the Pee Wee and served as one of the first examples of what would begin the long line of shapes, bottom designs and profiles that evolved into many of the beautiful sportfishers that tie up all over the world. Capt. O'Neal was a mentor to nearly all of the old school boat builders in Dare County, NC and his influence still permeates the industry today. 

When the current owner purchased the boat, he had a vision of what it could be to improve, strengthen and modernize this classic, all while staying true to the lines, looks, ride and fishability that this rig is so known for. What he wound up with is something special and fortunately for someone, a change in his plans is making this rig available now.

Everything on the boat is new except for the rudders, the windows and the wood she was built with...The entire interior of the hull was blasted to the wood and layers of glass were applied, inside and out. New Power, New running gear, electronic controls, new tanks, new wiring, new plumbing, new seacocks and thru hulls, new console, new electronics, new hardtop, curtains, cushions, new paint...everything. A 40' sports car of a boat built on a timeless, classic platform...She cruises easily at 27 knots burning 34gph, fishes like a 50 some footer and handles like a dream. 

The interior was left clean and simple, practical for fishing and an easy base to add to or finish out however you'd like. This is one that you need to see, a definite head turner and a perfect rig for so many places...Make the trip to the Outer Banks and feast your eyes on the Islander. If you like boats she'll put a smile on your face...

Engines (2)

  • Make Caterpillar
  • Model C7.1
  • Fuel diesel
  • Type Inboard
  • Total HP1,000
  • Total Hours 400
  • Year 2021


SYS Yacht Sales 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.

SYS Yacht Sales is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Tournament Yacht Sales.


  • Category Power
  • Condition Used
  • Hull Material Wood
  • Make Custom Carolina
  • Model Warren O'Neal
  • Boat Name Islander
  • Length Overall 40'
  • Model Year 1971
  • Beam 13' 8''
  • Heads 1
  • Cruising Speed 27 kn
  • Length 40'
  • Propeller Cruising Speed 2550
  • Drive Type Direct


Full Details

Mechanical and Electrical

Twin C7.1 CATs >200hrs / Standard CAT warranty that begins with new owner

Stringer Caps, Exhaust, Motor mounts, installation and alignment performed by Hathaway Marine

Caterpillar Electronic controls with Troll, Sync and incremental (50) RPM add or subtract modes / Palm Beach Style Single lever controls

Phasor Marine 8KW generator with Centek Lift muffler exhaust, Remote Start Panel in cabin and manual gauge panel at unit

(6) Rule 1500 bilge pumps with USS Ultra Float switches and High water alarms

Sea Star Steering System

Shurflo ProBlaster 2 Raw Water pump

Jabsco UltraMax Parmax 4 Fresh Water pump with pressure Cylinder

Dripless Shaft Seals

(6) Blue Top Optima Maintenance Free Batteries

Groco Filtration Strainers on AC and Genset Pickups

230 VAC Dometic AC pump

(2) Dometic AC units with ignition protection

AC cleanout manifold with isolation valves

100 gal aluminum fresh water tank

(2) 200 gal aluminum fuel tanks (400 gal total) with equalization crossover hose and valves

ProSport HD20 20 amp 3 Bank battery charger

(4) AC receptacles in Engine Room

Engine Room Camera

Racor Filtration System with shut off valves on Engines and Generator

Single 50 Amp Service

Paneltronics 120V/240V/12V main panel in cabin and secondary 12V panel on bridge

Deck / Electronics / Fishing

Stidd Helm Chair

Release Marine Teak Fighting Chair with Tournament Rocket Launcher

SeaDeck style covering on Cockpit and Bridge Deck soles

12V Teaser Reel Outlets

Large Ice Chest Port and Starboard at Cockpit Bulkhead

Large Transom Fishbox

Latchable Lazz Access Hatches

(2) 10" Wetsounds speakers in bridge

Caterpillar Flatscreen MPD Display

Caterpillar Remote Gear Touch Pad 

(2) 16" Garmin Touch screens Sounder, GPS, Plotter and Radar

Garmin Autopilot

Garmin GMI 20

Fusion Radio

(2) Standard Horizon Quantum VHF

ZipWake Electric Trim Tab system

Bilge Pump and generator indicator Lights

Ritchie 4" Compass

Salty Penny Canvas 5 panel Acrylic enclosure with a seperate "dodger" panel that fits cleanly in front of the console for when it gets really pretty...

Carolin Custom Towers Hardtop and Frame with Gator Head, Overhead Teaser reel box, Molded in Spreader lights, Nav lights, overhead flush mount LEDs and Ice Blue flattened paint underside

Tanacom 1000 Teaser reels

Custom Cushions, backrests and cup holder bolsters for bridge and cockpit boxes

Storage in Bridge benches and under Stbd Ice bin

Rupp HD Double Spreader Outriggers with Welded Rupp Quick disconnects



The interior is clean and simple with plenty of rod storage overhead and under bunk storage on both sides of the boat. The salon is a virtual blank palette for the next owner to apply their vision to and there is plenty of space and easy access to build, pull wires or plumbing if necessary.

Soft Stretched headliner and padded Valance panels and closeouts throughout / 2022

Flush Mount LED Lighting throughout

(2) Large Bunks with storage below

Wetsounds 20" Soundbar in salon

(6) AC Receptacles

(3) Wall mount Fire Extinguishers


Raritan Atlantic Freedom Vortex Vac Marine Head

FWD Bomar Deck Hatch

Remote Start for Phasor Genset

Painted Walls and Carpeted soles

Similar Yachts For Sale

Based on your search criteria, you may also be interested the following yachts.

View All