The Beneteau First 40.7, designed by Bruce Farr and introduced in 1999, is a highly successful 39-foot racer/cruiser known for its competitive performance, versatility, and comfortable interior. With over 800 built, it features a fast hull, large steering wheel, and a functional cabin designed for both serious racing and weekend cruising. Practical Sailor.

• With a length overall of 39'4" (11.98 m), a spacious cockpit, and a powerful yet manageable sail plan, the Beneteau 40.7 delivers responsive handling and impressive performance in a wide range of conditions. Its deep fin keel and efficient hull design provide excellent upwind ability, while the fractional rig offers versatility and ease of sail handling.
• Below deck, the interior is bright and functional, featuring quality teak joinery, generous headroom, and accommodations for up to eight people. The practical layout typically includes three cabins, two heads, a well-equipped galley, and a comfortable salon, making the boat equally suited for extended cruising or race-weekend adventures.
• Known for its durability, sailing performance, and strong owner community, the 2004 Beneteau 40.7 remains a highly sought-after yacht for sailors looking for a vessel that can competitively race one weekend and comfortably cruise the next. It represents an outstanding blend of performance, value, and versatility that continues to stand the test of time.
• Lanikai is a well maintained Racer/cruiser. With a multitude of sails she will do well around the marks. Her interior is like a new vessel as the owner never used her originals cushions and kept them stored until now. Instead she made a set of cushions to be used for racing and the crew. The white cushions are her original ones but the other set conveys as well. Diver was just down and cleaned her bottom and said she is looking good.

• The boat is frequently praised for its ability to hold its own in serious racing while providing a comfortable, spacious environment for family outings or live-aboard cruising. 

Key Features and Performance

• Design: Designed by Farr Yacht Design, the 40.7 was built for both IRC and IMS racing, often achieving remarkable success, including winning the 2003 Sydney-Hobart race.
• Performance: It features a high sail area/displacement ratio (21.01), making it fast in light to medium airs.
• Handling: The boat has a fin keel and a single spade rudder, offering good pointing ability and a balanced helm.
• Deck Layout: It has a versatile cockpit with removable locker seats for racing and a large wheel.

Interior and Comfort

• Layout: A standard 3-cabin layout features a V-berth forward, a saloon with settee berths, an L-shaped galley, and a generous aft cabin layout. Lanikai has 4 cabins with 2 double aft cabins having the ability to sleep 8
• Comfort: Designed to be a comfortable cruiser, it includes hot water, a full galley, and a 30 HP Volvo diesel engine. With plenty of portlights, overhead hatchs, light fabrics and counters
• Her faux teak sole is easy to maintain and clean. This is an interior that both a family or a large crew would enjoy being aboard.
• Popularity: Known as a great value, the 40.7 remains popular as an affordable, competitive, and "do-anything" sailboat.

Nice L-shaped galley to port of the companionway. For a Racer/cruiser she is nicely equipped with storage outboard and under the counters and plenty of counter space for food prep.

• Double stainless steel sinks with pressure water
• Sink cutting board top/cover
• Deep under counter Frigoboat refrigeration
• ENO Propane 2 burner stove with oven
• Corian counter tops

• Aluminum spar stepped on the keel
• Wire stainless steel standing rigging
• Fractional Sloop
• Traveler in front of the helm
• Hard vang
• 8 Cam cleats on cabin top
• All lines led aft to the cockpit

Lanikai Sail Inventory and condition -

• UK #1 Heavy - very good
• UK Helsey #1 Heavy - good
• North Sails #1 - good

Brand Unknown #1 - ok

• UK #2 - very good
• UK #3 - very good
• Cowes Isle of Wight #4 - good
• Northsails 2.2oz storm spinnaker - good
• UK 0.7 spinnaker - good
• Northsails Norlite 60 spinnaker - good
• Mainsail - very good

Winches;

• Lewmar #50 Self-tailing primary winches
• Lewmar #40 self-tailing secondary winches

• Raymarine Radar dome with Pathfinder RL70 display
• Raymarine Multiview on mast - Wind, Depth, Heading
• Raymarine RC530 chartplotter
• Raymarine Tridata ST60 - depth, speed, temp
• Raymarine Autopilot
• Raymarine wind speed and direction
• Pedestal compass
• Icom VHF IC-M402
• VDO Stereo
• Pioneer speakers

• Stainless steel bow and aft quarter stern pulpits
• Gates port and starboard and at the transom
• Stanchions with double stainless steel wire life lines
• Very large destroyer helm wheel
• Teak inlay on the cockpit seats
• Sugar scoop transom with teak inlay
• Stainless steel handrails
• Teak toe rail
• Reaching strut
• Dock lines

• Volvo Penta diesel inboard engine
• House and engine batteries
• Navigation lights
• Mooring light
• Steaming light
• Deck light
• Cabin lights
• Instrument light
• 12V dc outlet
• Water pump
• bilge pump
• Refrigeration
• Battery monitor

The company 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.