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The Loon series has mostly been replaced by the Camden, Dirigo, Vapor and Heron lines, so the 138 is no longer made. However, the Loon 111 is still being produced.

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Q: Is the Old Town Loon 138 Kayak still in production?
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Old Town currently produces the Dirigo line of recreational kayaks. The Dirigo 106 is 10ft 6in long. It's a great kayak because it is relatively versatile with a rigid design and a large and small dry cargo hatch. This makes it good for things like mild rapids, recreational paddling, and even 1-3 day excursions. They sell for around $750 normally, but I believe Gander Mountain is currently selling them for around $450 because they are downsizing their kayak/canoe selection.