As noted above, most boaters assume a 20 year old 36 ft sailboat would sell for much, much less. I'm not familiar, but I'm guessing the racing community values these hunks of fiberglass. All of those on Yachtworld are offered in the same neighborhood (maybe just a tad lower). I can't say if they're worth it, but I'll bet the seller is tired of the unfamiliar dropping a load on them and offering half. I do know several racers who sail C&Cs.