This boat has been sold but check out these similar boats nearby

1983 Grand Banks 42 ClassicSold

$99,900

Used
We will let you know when another 1983 Grand Banks 42 Classic is available in Little River, SC

Boat in Little River, SC 29566 US

builtBuilt in 1983
Year the boat was built
model

42 Classic

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
Length Overall
42ft
Beam
13.42ft
Max Draft
4ft
Dry Weight
37400lb
Cabins
2
Heads
2
Fresh Water Tanks
265gal
Fuel Tanks
600gal
Hull Material
fiberglass
Engine 1
Engine Make
Ford Lehman
Total Power
135hp
Fuel Type
diesel
Engine Year
1983
Drive Type
direct
Engine 2
Engine Make
Ford Lehman
Total Power
135hp
Fuel Type
diesel
Engine Year
1983
Drive Type
direct
Summary
Compass Rose is a Classic '42 Grand Banks that is ideal for coastal cruising, with wide decks for getting around the boat. She has two staterooms and two heads with a spacious salon that offers great visibility and is great for entertaining. She has plenty of room for family and friends, and the spl
Manufacturer Provided Description

The Grand Banks 42 Classic has been decades in the making. The original Ken Smith design has been amended and updated with the practical input of her owners. The experience gained since the laying of the first GB 42 keel in 1966 is reflected in each one commissioned today. Her practical layout, sturdy fiberglass construction, deep water design, and long range capability all add up to a complete cruising boat. The Grand Banks semi-displacement hull design, with a fine entry forward, hard chines aft, and a full keel has been proven on waters around the world. Single or twin diesel power will deliver economy at hull speed and provide higher cruising speeds when larger than the standard engines are chosen. Many power options are available. The flybridge is easily accessible from the main deck and offers excellent 360-degree visibility when underway or maneuvering dockside. A pair of back-to-back double seats provide generous seating for eight with watertight storage beneath the seats. The bridge console has full instrumentation with handy storage for large items below. The steering wheel is handcrafted teak. The standard electric windlass, mounted on a dual roller anchor platform protected by a stainless rail, helps make the anchoring process as simple as possible. The location of the shore power inlets, at the bow and stern, makes power connections possible without boat position being a problem. The foredeck storage locker is great for lines and the large lazarette aft provides convenient storage for a variety of cruising gear. The focal point of the Grand Banks 42 Classic is the deckhouse. The spacious main saloon measures 14-feet, 8-inches by 10-feet, 4-inches and combines the activities hub, entertainment center, and main living area. Forward is the fully equipped galley to port and the complete helm station to starboard. The companion-way forward leads to the guest stateroom with V-berths and a roomy head with its own shower. The galley is complete with a range - oven, refrigerator, stainless steel sink, cutting boards, and excellent storage in several cabinets. The helm area features a full width overhead electronics locker and a flip up storage compartment for manuals and navigational tools. Just aft of the starboard door is the dry-bar cabinet. Looking aft in the saloon, you can see the long L-shaped settee with a teak yacht table. The aft stateroom displays beautiful teak joinery. Parquet soles, built-in furniture and cabinets and hand-crafted moldings are blended with modern fabrics to create the traditional yacht look. This stateroom features a double berth to starboard and a single berth to port being standard. A large, flat chart drawer is standard in each layout. The private owners head has a separate stall shower and good storage for towels in several cabinets. The engine room in the 42 Classic is special. With working space outboard of and between both engines there is plenty of installation space for essential gear. The standard 8-KW generator comes with a sound shield for quiet operation. The exterior of the hull and deckhouse on the GB 42 is smooth gel-coated fiberglass. Teak decking is laid over the fiberglass on the main deck and flybridge. The bulwarks surrounding the wide main deck are capped with a sturdy teak safety rail providing safe movement from bow to stern for those on board. The Grand Banks 42: In production since the 60s. She cruises economically at 9 knots, yet 17 knots is typical with optional engines. The Classic offers two staterooms, separated by the main saloon and galley. 

Disclaimer

The company 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.

Price History

DateEventPrice
9/5/25Price decreased$99,900(-4.9%)
7/8/25Initial price$105,000

Overview from around the web 1983 Grand Banks 42 Classic

Customers praise the 1983 Grand Banks 42 Classic for its timeless design and solid craftsmanship

Many highlight its spacious and comfortable interior, ideal for extended cruising and liveaboard lifestyles. Owners appreciate the boat's sturdy construction and reliable performance, often noting the smooth handling and seaworthiness in various conditions. The classic teak woodwork and traditional styling receive consistent admiration, contributing to the vessel's enduring appeal. Overall, the 1983 Grand Banks 42 Classic is celebrated for blending classic elegance with practical functionality on the water.

The Biggest Pros and Cons

The 1983 Grand Banks 42 Classic is a renowned trawler-style yacht celebrated for its timeless design and solid construction. Here are some key pros and cons to consider:

Pros

Classic Aesthetic: The Grand Banks 42 Classic features elegant, traditional lines and a teak interior that exudes warmth and craftsmanship.

Solid Build Quality: Known for its sturdy fiberglass hull and robust construction, this vessel is built to handle a variety of sea conditions with confidence.

Spacious Layout: The 42 Classic offers ample living space, including comfortable cabins, a well-equipped galley, and a roomy salon, ideal for extended cruising.

Fuel Efficiency: With its efficient semi-displacement hull and reliable diesel engines, the boat offers economical cruising speeds.

Good Storage: Generous storage compartments make it convenient for long voyages and liveaboard situations.

Proven Design: The Grand Banks brand has a strong reputation, and this model has a loyal following among cruising enthusiasts.

Cons

Older Systems: Being a 1983 model, some onboard systems such as electrical wiring, plumbing, and electronics may be outdated and require upgrades or maintenance.

Maintenance Intensive: The extensive use of teak and traditional materials means regular upkeep is necessary to preserve the boat’s appearance and integrity.

Limited Performance: While stable and comfortable, the 42 Classic is not designed for high speeds and may feel slow compared to modern yachts.

Draft Considerations: Its deeper draft can limit access to shallow anchorages and some coastal areas.

Space Efficiency: Although spacious, the layout reflects design standards of the early 1980s, which may not maximize interior volume as efficiently as newer models.

Made For

The 1983 Grand Banks 42 Classic is ideal for discerning boaters who appreciate timeless craftsmanship, spacious comfort, and reliable performance. It’s perfect for those seeking a classic motor yacht that combines elegant traditional styling with practical features for extended cruising, coastal exploration, or comfortable liveaboard living. Whether you’re an experienced sailor or a couple looking for a luxurious getaway on the water, this vessel offers a blend of classic charm and dependable functionality.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1983 Grand Banks 42 Classic. 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 Trawler 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
$1,133.84/mo
$
$
Loan amount$ 99,900
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1983 Grand Banks 42 Classic. 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 Trawler 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
$1,133.84/mo
$
$
Loan amount$ 99,900
OR
%

Contact Intracoastal Yacht Sales

720 Hwy 17, Suite 203, Little River, SC, 29566

Be the first to know when similar boats hit the market

Get notified when new boats become available

Meet the Broker

Address

720 Hwy 17
Suite 203
Little River, SC 29566
Other Information about Intracoastal Yacht Sales

Intracoastal Yacht Sales is a full service yacht dealer. We offer support, even after the sale, with our one-on-one training that is tailored to your specific vessel. These tailored training courses give you a personalized experience that surpasses the average captain's license classes.

Boat Location

Be the First to Know

Get notified when new boats become available.