Two Navy helicopters were sent to search from the Peleliu at about 5 a.m. Sunday. One of them found the boat, lowered a hoist and pulled the man in.
The Coast Guard plane had two crews working shifts on the HC-130 so one could rest at Wake Island while the other searched.
The men's names weren't immediately released and their voyage's purpose was not immediately clear.
Chandler said that while remote, the location of the boat was not especially surprising.
"People sail pretty often pretty far out of reach," he said. "I don't think that it's that unusual."