[1][2][3][4] The design was built by Hunter Marine in the United States starting in 1997, but production ended in 2002.
It has a fractional sloop B&R rig, a slightly raked stem, a walk-through reverse transom with an integral swim platform and ladder, an internally mounted spade-type rudder controlled by a wheel and a fixed fin keel.
[1][4] The boat is fitted with a Japanese Yanmar diesel engine of 27 hp (20 kW).
[1][3][4] Standard factory equipment on the 340 included a 110% genoa, dual two-speed self-tailing winches, a stainless steel mainsheet arch, dorade vents, a marine VHF radio, knotmeter, depth sounder, stereo system, a hardwood cabin sole, private forward and aft cabins, a dinette table that converts to a double bunk, a fully enclosed head with a shower, a microwave oven, double stainless steel sink, two burner liquefied petroleum gas stove, icebox, kitchen dishes, anchor, four life jackets and an emergency tiller.
Optional equipment included a bimini, mast furling mainsail, autopilot, mainsheet traveller, refrigerator, air conditioning and a spinnaker and related hardware.