Description

Kadey Krogen 38 “Hot Chocolate”. Classic Yacht with New Yanmar & Major Upgrades
Hot Chocolate is for sale! If you sail in the Ionian you may recognise this distinctive 38 foot cutter that became famous as the beloved boat of You Tubers ‘Two Get Lost’. She attracts admiration everywhere she goes. We purchased her in 2023 for an extended holiday and after some upgrades she has proved comfortable and reliable, very roomy for two people, with over 6ft 3 of head space. The accommodation comprises a spacious open plan saloon with double bed, galley with new double burner grill/oven. Additional berths can be made by dropping the dining table to create another double, plus the large forepeak. She stands out from the production boat crowd with her distinctive lines, solid build, and thoughtful cruising features. We have enjoyed sailing her for about 22 weeks altogether, most recently 2 weeks in June 2026 with no problems.
Historically, this boat is proven in blue water having crossed the Atlantic.

Location is currently Aktio, Preveza

Highlights

• New Yanmar engine with approx 320 hours
• Lifting centreboards — brilliant for shallow anchorages and Mediterranean coves
• Spacious interior with full standing headroom (at least 1.89m)
• Generous cockpit that comfortably hosts guests
• Oversized ground tackle for real peace of mind
• Extensive upgrades in the last 4 years
• Proven cruising boat — reliable, comfortable, and ready to go

Construction & Design
• Thick balsa core layup giving medium heavy displacement and a comfortable motion
• Cutter rig with easily handled sail plan
• Bowsprit hosting the forestay — also a perfect dolphin watching perch
• Boom gallows for safety, sail handling, and supporting the bimini/enclosure
• Lifting centreboards for variable draft and excellent versatility

Accommodation
• 6 berths:
o 2 in the main double
o 2 in the forepeak
o 2 via convertible saloon table/berth
• Large saloon with unusually generous berths
• Excellent storage and galley workspace
• Separate shower cubicle — rare on a boat this size
• New full foam domestic mattress in main berth
• New fridge (2025)

Engine & Systems
• New Yanmar engine
• Enhanced control panel
• 300L diesel in two tanks
• New cutlass bearing and re machined shaft
• Bow thruster for easy stern to manoeuvring
• Rainman watermaker + new starboard water tank (total 400L water)

Electrical & Power
• 2 × 180Ah AGM house batteries (new)
• 400W solar with Victron MPPT
• Victron battery monitor (display + Bluetooth)
• Victron mains charger (rarely needed — solar easily kept batteries full by mid morning)
• New wiring in many areas; labelled cabling

Navigation & Electronics
• Raymarine Axiom 9 chartplotter
• Raymarine Ray73 AIS capable VHF
• New Raymarine Type 2 linear autopilot (overspec’d → reliable and quiet)

Rig & Sails
• Main
• 120% genoa
• Self tacking staysail
• Asymmetric with snubber
• Storm sail
(All in good condition)

Running rigging:
• All halyards new
• Genoa furling line new
• Other sheets/lines 3–5 years old and serviceable

Ground Tackle
• 1500W windlass
• 36kg primary anchor on 80m of 10mm chain
• Spare bow anchor on second roller
• Stern anchor with 10m chain + 40m rope
(Oversized gear → excellent holding and forgiving anchoring)

Tender & Outboard
• 2.2m V bottom “Super Lite” tender (new 2025)
• Mercury 4hp 4 stroke outboard (used)

Recent Upgrades (last 4 years)
• New Yanmar 3JH5E engine, instrument panel, exhaust and ancillaries, high capacity alternator
• New autopilot
• New chartplotter + AIS VHF
• New batteries, solar, MPPT, battery monitor
• New cooker
• New cockpit cushions
• New fridge
• New hatch acrylic
• New watermaker filters/membranes
• New gas system
• New mattress
• New cutlass bearing + shaft machining
• Many new halyards and running rigging items

Known Cosmetic / Minor Items
• Two portlights have cracked glass
• Original switch panel works but could be modernised
• A few areas of veneer need cosmetic attention
• Some sole plate lifting rings mismatched
• Sprayhood, bimini, and lazy bag functional but tired
• Steering compass needs replacement
• Forepeak basin drain needs plumbing in (seacocks serviced)

Summary

Hot Chocolate is a beautifully built, heavily upgraded, proven cruising boat with classic charm and modern systems. She’s ready for more Mediterranean cruising or longer-range adventures. Low price reflects current market; she is worth much more.

Specifications

Location Map