The Fairways 38 was designed by David Freeman (Wyatt and Freeman) of Fisher Motorsailer fame. When I got in the business in 1999, we sold a Fairways 38 to a couple from Oregon who still (I think) own her today. They had the boat taken to the East Coast and spent several years cruising up and down the coast from Maine to Florida. Years later they told me that everywhere they went, people would come up to them and want to know all the details about the boat.
We had another one in our charter fleet in Friday Harbor as well but it was sold in 2000 and I haven't seen it since.
There used to be a third Fairways 38 kept at Shipyard Cove in Friday Harbor but I haven't seen it in several years so I don't know if it is still there or not.
A few years ago (2010, I think), we listed the Fairways 38 that the Oregon couple owned but it was the middle of the recession and the boat did not sell. They removed it from the market and took it back to Portland. The OP somehow found that expired listing on boats.com and contacted me this past weekend.
As previously posted, the pilothouse was very small and somewhat cramped. It was really not a pilothouse but more a raised steering station with a narrow bench seat where 2 could rather uncomfortably sit behind the helm. Salon and galley were also quite small. They did manage to get 2 staterooms in the boat but I always thought that odd as the rest of the boat wasn't large enough to comfortably accommodate more than 2 people. The master was either a v-berth or island queen and the guest was a pullman double.
It was a hard chined, semi-displacement hull, powered by twin Sabre Lehmans. The Fairways 38 cruised ~8-8.5kts and would do 10, but only going over a waterfall.
In 2000, I went over to Lymington, England to meet with David Freeman about a new trawler,
Freeward 42 which had just been launched. We then flew to the Isle of Man where the boat was and did sea trials in 12 foot seas and 25 knot winds. The boat was a great design, handling the conditions extremely well. It had twin Deutz engines that were very smooth and quiet. We were going to be the US importer (boats to be built in Sri Lanka), but sadly David died not long after and the project never got off the ground.