1998 Grand Banks 38 Eastbay EX

$220,000

Used

Boat in Salem, MA 01970 US

builtBuilt in 1998
Year the boat was built
model

38 Eastbay EX

Boat model
engine

2 Engines (2x Caterpillar)

Engine type and count
length

38 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Length Overall
38ft
Length at Waterline
37.5ft
Beam
13.17ft
Max Draft
3.33ft
Deadrise At Transom
18deg
Fresh Water Tanks
95gal
Fuel Tanks
344gal
Holding Tanks
18gal
Hull Material
fiberglass
Engine 1
Engine Make
Caterpillar
Engine Model
3208 TA
Total Power
435hp
Engine Hours
2350
Engine Type
inboard
Fuel Type
diesel
Drive Type
direct
Engine 2
Engine Make
Caterpillar
Engine Model
3208 TA
Total Power
435hp
Engine Hours
2350
Engine Type
inboard
Fuel Type
diesel
Drive Type
direct
Summary
Grand Banks 38
Below Deck Accommodations

Forward is the master stateroom with V-berth and filler piece, all covered in navy quilted Sunbrella. Teak drawers are underneath each berth, teak lockers outboard of each berth and a teak bureau with mirror all provide spacious storage. An overhead hatch and twin ports with screens provide ample ventilation. Twin reading lamps and overhead lighting have been converted to LEDs. A full length teak door separates the master stateroom from the main salon.


The private enclosed head aft of the stateroom, is equipped with a Vacuflush electric fresh water toilet with night switch and macerator equipped holding tank. The head also includes Corian counter top with molded sink, hot and cold pressure water, hot and cold shower with wrap around curtain, three large cupboards for ample storage, towel racks, opening port with screen and curtain, and a teak-framed full length mirror.


Opposite the head is a louvered door hanging locker with a 24" Samsung HDTV and DVD player on the shelf above.

Next aft is the main salon which features a U-shaped settee covered in navy Ultraleather to starboard, with teak dining/coffee table lowering to convert the settee to a double berth for extra guests.  


Additional storage includes two lockers, plus a bookcase above the settee, as well as lockers under the full length of the settee. A Kenwood AM/FM/CD/iPod player is mounted in-wall forward of the bookshelf/lockers. Speakers are installed in the main salon and cockpit with remote at the helm. All lighting in the main salon has been converted to LED, including reading lamps and overhead lights.


Opposite the settee and to port is the galley which comes equipped with a stainless steel sink, single lever faucet, hot and cold pressure water and Corian counter top. Outboard is the Princess three-burner electric stove top with built-in microwave underneath.


The stove top is covered by a hinged Corian counter piece with ventilation provided by a high capacity extraction blower. Aft is a built in Coolmatic refrigerator/freezer with heavy duty Grand Banks teak door and located beneath the counter.There is a deep locker in the port aft corner of the counter and another deep locker in forward part of counter. The galley offers ample counter and storage space.


Varnished teak cabinetry is throughout and the cabin sole is varnished teak parquet.

Galley
  • U-Shaped Galley
  • Stainless Steel Sink
  • Single Lever Faucet
  • Hot & Cold Pressure Water
  • Princess Three Burner Electric Stove Top
  • Samsung Microwave Oven
  • Coolmatic Refrigerator/Freezer 
  • Deep Storage Locker Aft in Galley Counter 
  • Second Deep Storage Locker Forward in Galley Counter
  • Opening Stainless Steel Port w/Screen & Curtain
  • Ample Counter & Storage Space


Helm Deck and Cockpit

The helm deck is fitted with a custom L-shaped settee just aft of the teak chart box. The settee incorporates a rotating co-pilot seat to allow the co-pilot to be facing forward or inline to the table. The unique elevated settee has been designed to provide 360 degree visibility for the co-pilot and guests. It also incorporates extensive storage below accessed by 4 locker doors.


An adjustable, custom high-gloss varnished teak table with folding leaves supports 6 guests for dinner.

The helm deck is covered by a custom heavy duty fiberglass & aluminum hardtop which provides 8 feet of deck clearance and built-in LED lighting. The Strataglass enclosure is designed to maximize fresh air flow with opening side curtains and zip out or roll up heavy weight vinyl aft curtains. The companionway aft has both a vinyl and screen enclosure.

The Stidd helm seat is electric and adjustable. Single lever electronic throttle/engine synchronizer controls are by Glendinning. 


Access to the engine compartment is provided by a hydraulic lifted hatch. All major engine systems and oil & fuel filters are centralized for easy access. Engine/generator maintenance is also facilitated by the electric oil change system.

Two steps down and aft is the very roomy cockpit with cushioned aft-facing bench seat and a custom teak pedestal table. The table expands for larger parties and can be removed easily with the quick-release deck plate. Seating has been reupholstered with new covers.


The cockpit is equipped with hot/cold water and built in shower. To starboard, the 50' 220V shore power cable is stored below decks and is electronically delivered by a Glendinning Cable Master system. To port are Humbolt TV/Tel connectors. Aft, to starboard, is the transom door leading to the teak swim platform and ladder. Multiple large lazarettes provide deep storage compartments.

Hull and Deck
  • White Fiberglass Hull, Cabin Sides
  • Beige Awlgripped Fore Deck, Side Decks, Cockpit
  • Blue Bottom Paint
  • Pantograph Heavy Duty Windshield Wipers (Self Parking w/Separate Controls)
  • Teak Helm Deck
  • Custom Hard Top w/Heavy Duty Aluminum Framing
  • Heavy Duty Deck Hardware - 316 Grade S/S Through-bolted
  • Stainless Steel Handrails & Grab Rails
  • Built-in LED Lighting
  • Twin Hatches in Hard Top
  • (3) Overhead Hatches w/Screens
  • (6) S/S Opening Ports w/Screens
  • Full Enclosure: Strataglass Opening Side & Aft Curtains, Clear Plastic & Screen Companionway Enclosure
  • Stidd Electric Adjustable Helm Seat (Reupholstered)
  • Custom L-Settee w/ Rotating Co-Pilot Seat & Storage Below
  • Custom Arrigoni Varnished Teak Helm Deck Table w/ Folding Leaves (Seats 6)
  • Bow Pulpit w/ Roller
  • Maxwell Electric Windlass w/3 Controls
  • 55 lb Manson Anchor
  • 30' Chain, 300' 8 Plaint Rode
  • 35 lb Delta anchor
  • 25' Chain & 250' Rode
  • Bennett Hydraulic Trim Tabs w/Indicator Retractor
  • Teak Swim Platform
  • Swim Ladder
  • (6) Docklines
  • (4) Fenders 
  • (6) Life Preservers 
  • Throw Ring 
  • (2) Fire Extinguishers
  • Fire Boy Engine Room Fire Extinguishing System
  • Flare Kit 
  • Horn 
  • Varnished Flagstaff & Ensign
  • Burgee Staff
  • Spur Line Cutters


Electronics
  • Raymarine Axiom Display
  • Garmin GPSMap 8612xsv Display
  • Garmin Fantom 24" radar dome
  • Raymarine Color Tridata Display (Speed/Depth/Temperature)
  • Vesper Cortex V1 VHF/AIS
  • Dedicated Antennas: Shakespeare Galaxy, TV, AIS, VHS, WIFI w/ New Antenna Mast
  • Ritchie Compass
  • ACR RCL-1000 Search Light
  • Kenwood Stereo w/ AM/FM Tuner, MP3 Auxiliary Audio Connections/Amplifier, Bluetooth
  • Speakers - Cabin (2), Cockpit (2)
  •  24" Flat Screen LED-LCD TV w/DVD Player & Audio/Visual Inputs & Cable TV Inlet


Mechanical, Electrical and Plumbing
  • Twin Caterpillar 3208TA 435hp Diesels
  • 2000 hour service completed
  • Glendinning Engine Synchronizer
  • Glendinning Single Lever Electronic Throttle Controls
  • Floscan Gauges
  • Northern Lights 5kW Generator in Sound Shield
  • Fireboy Engine Room Fire Supression System
  • (3) Automatic Bilge Pumps (Total 6,000 GPH)
  • Vernalif 6" Exhaust Mufflers
  • 11 Gallon Hot Water Heater
  • Water Level Indicator Gauge
  • Sealand Vacuflush Electric Head
  • Dockside Water Inlet
  • Cockpit Freshwater Recessed Shower (Hot & Cold)
  • Glendinning Cablemaster Retractable 50 amp 50' Power Cable
  • Maxwell Electric Anchor Windlass w/ Remote Switches, Helm & Forward
  • (1) Shore Power Adapter
  • Victron Multiplus 3000 inverter/charger
  • (3) Lifeline AGM Batteries (2) 8D, (1) 4D
  • Dockside Power w/ Galvanic Isolator & 50 amp Service
  • Marineair 16,000 BTU Airconditioning
  • Carbon Monoxide Monitor
  • Accessory Outlets, Both 110V Duplex (4) & (2) 12V
  • Lighting - All Cabin/Deck/Engine Room/Running Lights Upgraded to LED
  • Cockpit Lights - White LED
  • Helmdeck Lights - Blue/White LED


Disclaimer

East Coast Yacht Sales offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Photos courtesy of Essex Yacht Sales.

Price History

DateEventPrice
4/28/25Initial price$220,000

Overview from around the web 1998 Grand Banks 38 Eastbay EX

Customers praise the 1998 Grand Banks 38 Eastbay EX for its classic styling combined with reliable performance

Many highlight the spacious and comfortable interior, ideal for extended cruising, as well as the quality craftsmanship typical of Grand Banks vessels. Owners appreciate the sturdy construction and the boat’s seaworthiness, making it well-suited for both coastal and offshore adventures. The efficient layout and ample storage are frequently mentioned, along with the ease of handling and smooth ride. Overall, the 1998 Grand Banks 38 Eastbay EX is valued for its timeless design, durability, and versatility on the water.

The Biggest Pros and Cons

The 1998 Grand Banks 38 Eastbay EX is a classic trawler-style yacht known for its solid construction and comfortable cruising capabilities. Here are some pros and cons to consider:

Pros

Sturdy Build: Known for its robust fiberglass hull and traditional design, the Grand Banks 38 offers excellent seaworthiness and durability.

Spacious Interior: The layout provides comfortable living spaces, including a well-appointed salon, galley, and sleeping quarters suitable for extended cruising.

Efficient Diesel Engine: Equipped with reliable diesel engines that offer good fuel efficiency and range, making it ideal for long-distance voyages.

Classic Aesthetics: Timeless teak wood finishes and classic styling appeal to enthusiasts of traditional yachts.

Good Visibility: The elevated pilothouse design provides excellent visibility for safe navigation.

Proven Design: The Eastbay EX series is known for combining traditional trawler features with modern performance enhancements.

Cons

Age-Related Maintenance: Being a 1998 model, some systems and components may require updates or repairs due to age.

Fuel Consumption: While efficient for its class, the vessel's displacement hull and engine size can lead to higher fuel costs compared to smaller or more modern boats.

Interior Layout: Some may find the interior layout less modern or spacious compared to newer models, potentially requiring customization.

Performance: Not designed for high speeds; optimal cruising speed is moderate, favoring comfort over speed.

Limited Deck Space: The design prioritizes interior comfort, which can result in less open deck area for outdoor activities.

Made For

The 1998 Grand Banks 38 Eastbay EX is ideal for boating enthusiasts seeking a classic, reliable cruiser that combines timeless style with practical performance. Perfect for those who appreciate spacious accommodations, solid construction, and comfortable cruising, this boat suits small families, couples, or solo adventurers looking to enjoy coastal cruising, weekend getaways, or extended trips on the water. Its design and features cater to individuals who value quality craftsmanship and ease of handling in a versatile and elegant package.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Grand Banks 38 Eastbay EX. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Express Cruiser cost in today's market, or how much does a Grand Banks cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$2,496.94/mo
$
$
Loan amount$ 220,000
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Grand Banks 38 Eastbay EX. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Express Cruiser cost in today's market, or how much does a Grand Banks cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$2,496.94/mo
$
$
Loan amount$ 220,000
OR
%

Contact East Coast Yacht Sales

17 Ashland Avenue, Manchester, MA, 01944

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Address

17 Ashland Avenue
Manchester, MA 01944
Other Information about East Coast Yacht Sales

East Coast Yacht Sales is a high quality dealership and brokerage firm with a charismatic team of experienced yacht consultants, service technicians, and support staff who all have a passion for people, boats, and the water. Dealers for Axopar, Targa, Sirena, Boston BoatWorks, & J Boats.

With almost 40 years in the business, East Coast Yacht Sales has grown to eight offices throughout the northeast. You can find ECYS in the same Yarmouth, ME flagship location that was its birthplace, in addition to: Camden and Belfast, ME, Manchester, MA, Newport, RI, Mystic, CT, Long Island, NY, Atlantic Highlands, NJ and Annapolis, MD.

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