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1978 Grand Banks 42

$99,900

Used

Boat in Brunswick US

builtBuilt in 1978
Year the boat was built
model

42

Boat model
engine

2 Engines (2x Ford Lehman)

Engine type and count
length

42 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
A Great Loop veteran, La Principessa ("The Princess") is a classic 1978 Grand Banks 42 Classic that has been extensively upgraded and shows like a much newer vessel. Known for her timeless lines, efficient twin Ford Lehman diesels, and warm teak interior, she combines traditional craftsmanship with modern cruising systems-making her a perfect choice for extended cruising or full-time liveaboard life. Aluminum Fuel Tanks! Lovingly maintained by experienced owners, La Principessa has recently completed the Great Loop, performing flawlessly throughout her journey while averaging under 3,000 gallons of diesel for the entire trip. Major recent updates include new teak decks, aluminum fuel tanks, poly water tanks, a lithium battery bank with Xantrex inverter, and a 2010 Onan 6kW generator. With her proven reliability, thoughtful upgrades, and extensive service records (including ship's log and oil samples), she's truly turnkey and ready for her next adventure. Highlights: Aluminum fuel tanks and new poly water tanks Both Salon Doors re-constructed from solid teak in 2022 2010 Onan 6kW generator (approx. 2,500 hours) 400AH lithium house battery bank with 3000W Xantrex inverter $30,000 teak deck replacement (main & side decks) 2 new ACs 2024 Bottom paint, compound, buff & wax - March 2024 Starboard transmission rebuilt (2019) Staysail included 9' Dyer Dhow tender with Sailing rig and Honda outboard included History of oil samples and ship's log available Great Loop Veteran - completed entire Loop efficiently and trouble-free Located in Savannah, Georgia, La Principessa presents in good condition and represents an outstanding opportunity for anyone looking for a proven, well-equipped trawler capable of coastal cruising, the Great Loop, or comfortable liveaboard life. Yachting Select is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Great Loop Yacht Sales. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel
Nominal Length
42ft
Length Overall
42ft
Beam
13.58ft
Max Draft
4ft
Cabins
2
Fresh Water Tanks
196gal
Fuel Tanks
600gal
Hull Material
fiberglass
Engine 1
Engine Make
Ford Lehman
Engine Model
2715E
Total Power
120hp
Engine Hours
6478
Engine Type
inboard
Fuel Type
diesel
Engine 2
Engine Make
Ford Lehman
Engine Model
2715E
Total Power
120hp
Engine Hours
6478
Engine Type
inboard
Fuel Type
diesel
Overview

A Great Loop veteran, La Principessa (“The Princess”) is a classic 1978 Grand Banks 42 Classic that has been extensively upgraded and shows like a much newer vessel. Known for her timeless lines, efficient twin Ford Lehman diesels, and warm teak interior, she combines traditional craftsmanship with modern cruising systems—making her a perfect choice for extended cruising or full-time liveaboard life. Aluminum Fuel Tanks!


Lovingly maintained by experienced owners, La Principessa has recently completed the Great Loop, performing flawlessly throughout her journey while averaging under 3,000 gallons of diesel for the entire trip. Major recent updates include new teak decks, aluminum fuel tanks, poly water tanks, a lithium battery bank with Xantrex inverter, and a 2010 Onan 6kW generator. With her proven reliability, thoughtful upgrades, and extensive service records (including ship’s log and oil samples), she’s truly turnkey and ready for her next adventure.


Highlights:

Aluminum fuel tanks and new poly water tanks

Both Salon Doors re-constructed from solid teak in 2022

2010 Onan 6kW generator (approx. 2,500 hours)

400AH lithium house battery bank with 3000W Xantrex inverter

$30,000 teak deck replacement (main & side decks)

2 new ACs 2024

Bottom paint, compound, buff & wax – March 2024

Starboard transmission rebuilt (2019)

Staysail included

9’ Dyer Dhow tender with Sailing rig and Honda outboard included

History of oil samples and ship’s log available


Great Loop Veteran – completed entire Loop efficiently and trouble-free


Located in Savannah, Georgia, La Principessa presents in good condition and represents an outstanding opportunity for anyone looking for a proven, well-equipped trawler capable of coastal cruising, the Great Loop, or comfortable liveaboard life.


Yachting Select is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Great Loop Yacht Sales. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel

Price History

DateEventPrice
5/1/26Initial price$99,900

Contact Panacea Yacht Group

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from Panacea Yacht Group at the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1978 Grand Banks 42. 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 Other 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
$632.60/mo
$
$
%
Principal Loan Amount$ 84,915
Total Payment$151,824.87

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1978 Grand Banks 42. 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 Other 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
$632.60/mo
$
$
%
Principal Loan Amount$ 84,915
Total Payment$151,824.87

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Location
Nominal Length
Draft
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

608 Green Ave
Brielle, NJ 08730

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Contact Panacea Yacht Group about 1978 Grand Banks 42

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from Panacea Yacht Group at the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

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