1992 Grand Banks 42 Classic Boat in Newport, RI 02840 US

$275,000

Used
builtBuilt in 1992
Year the boat was built
model

42 Classic

Boat model
engine

2 Engines (Catepillar, Caterpillar)

Engine type and count
length

42 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
42ft
Length Overall
42.58ft
Length at Waterline
40.75ft
Beam
14.08ft
Max Bridge Clearance
22ft
Max Draft
4.17ft
Drive Up Draft
4.17ft
Cabin Headroom
6.33ft
Dry Weight
34000lb
Cruising Speed
9kn
Max Speed
15kn
Range
500nmi
Cabins
2
Heads
2
Fresh Water Tanks
130gal
Fuel Tanks
300gal
Holding Tanks
50gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
displacement
Engine 1
Engine Make
Catepillar
Engine Model
3116 TA 6.6L
Total Power
300hp
Engine Hours
3000
Engine Type
inboard
Fuel Type
diesel
Engine Year
1992
Drive Type
direct
Propeller Type
4-blade
Propeller Material
bronze
Engine 2
Engine Make
Caterpillar
Engine Model
3116 TA 6.6L
Total Power
300hp
Engine Hours
3000
Engine Type
inboard
Fuel Type
diesel
Engine Year
1992
Drive Type
direct
Propeller Type
4-blade
Propeller Material
bronze
Davits
✓
Fin Stabilizer
✓
CONSTRUCTION, HULL & DECK:

Hull No. 1217 built by American Marine Ltd. at its Singapore facility.  The 42’ Classic is constructed with a hand-laid fiberglass hull using alternating layers of FRP woven roving and mat. The underbody incorporates an integral full-length keel, with internal structure provided by FRP stringers formed around closed-cell foam and bonded to the hull. The keel extends below the propellers and running gear. The deckhouse and flybridge are FRP construction, with teak decking installed over the deck structures. 

Hull: Pure White Awlgrip

Bootstripe: Navy Blue (Painted, 2026)

Decks: Teak with black caulk lines (Updated Decks by TDS)

Bottom: Green Anti-Fouling

  • Teak decks replaced by Teak Decking Systems, including rebuilding support structures in the rear quarter areas (2014). Flybridge deck was replaced with the same system (2015)

  • S/S mooring cleats with S/S bulwark hawse pipes and chafe plates

  • S/S stanchion bases with varnished teak cap rails

  • Exterior varnish stripped and refinished with two coats applied annually 

  • (3) boarding gate entrances on deck rails with locking mechanisms and catches

  • S/S Grand Banks plaques at boarding gates

  • Teak swim platform

  • S/S swim ladder with teak steps - removable

  • Varnished teak flagstaff with US ensign and S/S transom staff socket

  • Varnished teak name and hailport boards

  • Teak-trimmed transom shower compartment with hot and cold Brocon mixing taps - S/S shower head and hose

  • S/S aft scupper grates

  • S/S transom light 

  • (2) sets of Hubbell 50A shore power and TV inlets - transom and foredeck

  • Glendinning 75’ shore power cablemaster (NEW, 2023)

  • Solid teak grates in aft lazarettes 

  • (6) Navy docklines 

  • Fenders in MainePoint fleece socks

  • Aft companionway with varnished opening doors and sliding overhead hatch (Rebuilt, 2024)

  • Teak tender chocks on S/S arms - coachroof 

  • Teak OB motor skeg protection plate

  • Aluminum mast and boom on tabernacle fitting (Painted, 2026)

  • S/S wired standing rigging with bronze turnbuckles

  • Ship's bell on mast 

  • Lewmar 30ST winch serving the mast and boom via Harken cars and Spinlock line clutches with new halyards

  • Custom tie-downs spliced with Camcleat Trapeze adjusters

  • Custom varnished teak boat hook with dedicated storage

  • Full-sized walkaround teak side decks with additional sets of midship deck drains added for improved drainage

  • LoFrans Tigress windlass with Ideal foot switches and helm control

  • Double S/S anchor rollers

  • CQR 45lb anchor with all galvanized chain 

  • Fortress FX23 G30 galvanized chain and nylon rode

  • Foredeck washdown spigot

  • Foredeck storage box with S/S protection rail

  • S/S foredeck handrails 

  • Single deck hatch

  • S/S burgee socket with varnished staff on bow pulpit

  • Canvas: Aft companionway entrance cover, Large window and windshield covers

FLYBRIDGE:
  • Teak footsteps

  • Teak flybridge deck

  • Solid S/S handrail pulpits lead to the flybridge deck

  • (2) fixed teak-topped storage boxes to port and starboard

  • Fore and aft companionway settee seating with white upholstered cushions and backrests

  • Storage compartments in settee centers and beneath 

  • Molded fiberglass helm console with varnished teak trim

  • Hinged clear chart surface at portside helm

  • USCG lifering with bracket (NEW)

  • (2) Flexible solar panels lay flat on flybridge deck 

  • Movable teak chair with navy cushions

  • Canvas: Aft flybridge dodger sides, full helm cover, quick setup/ takedown Bimini with covering storage boot, and attachable sunshade for the aft flybridge deck

FLYBRIDGE HELM:
  • Sliding door storage under helm console

  • Custom varnished teak centerline instrument panel

  • Traditional Grand Banks varnished teak wheel with S/S outer rim 

  • VDO gauges

  • Lexan warning light panel with windlass control 

  • Naiad Dynamics Multisea II roll stabilizer control

  • Glenndening dual-lever electronic throttle control (NEW, 2024)

  • Glenndening ProPilot Joystick (NEW, 2024)

  • Lewmar variable speed bow thruster control (NEW, 2024)

  • Raymarine Axiom Pro 12” MFD, chartplotter, radar and AIS  (NEW, 2024)

  • Raymarine Quantum 2 18” radar dome on mast - no decals (NEW, 2024)

  • Simrad VHF with DSC (NEW, 2024)

  • Simrad AP25 autopilot

  • Raymarine MN100-2 Wind TackTick

  • DataMarine Corinthan II depth and speed

  • Danforth Constellation compass

  • (2) Shakespeare 53303 Galaxy antennas 

  • Starlink on dedicated S/S post (NEW, 2024)

INTERIOR:

AFT MASTER STATEROOM:

  • Full-beam aft master stateroom 

  • Centerline island double berth 

  • Fitted sheets and bedspreads

  • Fixed nightstands with lamps

  • Teak cabinetry and joinery

  • Drawer built-ins to port and starboard

  • Reading lights at berth

  • Large opening glass windows with curtains (Tracks reworked, 2025)

  • 120V outlets

  • Aft deck access via ladder (not pictured)

  • Teak parquet sole

AFT HEAD & SHOWER:

  • Private head with separate shower stall

  • VacuFlush head with tank gauge 

  • Toilet paper holder

  • Drawer storage 

  • Cabinet storage 

  • Vanity with sink and mirror 

  • S/S shower mixing taps and hose

  • Curtain on rod enclosure

  • Wet storage 

  • Teak grate floor in shower

MAIN SALON: 

  • L-shaped settee to starboard 

  • Cabinets beneath settees

  • Entertainment console 

  • Bar console with opening top, liquor bottle and drawer storage 

  • Raritan Icerette ice maker (NEW, 2025)

  • Fixed shorter settee to port

  • Midship access door with step

  • Hinged leaf table with movable chair

  • Grand Banks S/S light fixtures

  • Hunter Douglas shades throughout boat 

  • Cove lighting under blinds (NEW, 2024)

  • White Ultra Leather upholstery 

  • Area rugs

  • Teak parquet sole 

  • Overhead handrails

  • Glass windows on sliding tracks (Tracks reworked, 2025)

GALLEY: 

  • Linear galley to starboard 

  • Large S/S single basin sink with high neck faucet

  • Galley outlet 

  • Pull drawer and cabinet storage

  • Dry good and pan storage

  • Half-length mirror 

  • Princess gimbal-mounted propane stove with oven

  • Overhead ventilation 

  • Panasonic S/S SD372S inverter microwave

  • 12V SeaFrost refrigeration with Teddington temperature gauge (2022)

LOWER HELM:

  • Helm access door with step

  • Storage beneath helm tops

  • Grand Banks traditional varnished teak wheel

  • Perko rotary switches 

  • Acrylic distribution and selection panels (NEW, 2023)

  • VDO gauges

  • Windshield wiper control

  • Boat Leveler Co. trim tab control

  • Danforth constellation compass 

  • Fireboy suppression system indicator 

  • Smart bilge monitor 

  • Naiad roll stabilizer control sensitivity panel with alarms 

  • DataMarine International Offshore LCD depth with alarm - overhead

  • DataMarine Navigator speed log 3200 - overhead

  • Fischer Panda digital generator controls (NEW, 2023)

  • Lewmar variable speed bow thruster control (NEW, 2024) 

  • ICOM M120 VHF

  • Simrad AP autopilot - overhead

  • Raymarine Axiom Pro 9” MFD, chartplotter, radar and AIS (NEW, 2024)

FORWARD GUESTROOM:

  • V-berth arrangement with filler cushion 

  • Teak hull side planking and joinery

  • Teak parquet sole

  • Built-in drawer and cabinet storage beneath berths 

  • Teak storage shelves along port and starboard hull sides

  • Full-width teak storage shelf forward

  • Hanging locker

  • Opening hatch with screen 

  • Dual 12V fans

  • Reading lights

  • Private access to forward head

FORWARD HEAD:

  • VacuFlush toilet

  • Molded vanity with sink 

  • Large vanity mirror

  • Handheld shower with wall-mounted slide bar

  • Teak shower floor grate

  • Sliding window for light and ventilation 

  • S/S shower curtain track

  • 120V outlet

  • Sanitation hoses and associated plumbing recently replaced

ELECTRICAL & PLUMBING SYSTEMS:
  • 12V DC and 110/120V AC electrical systems

  • Polarity indication 

  • 50 AMP Glendinning 75’ shore power cord reel system 

  • House and engine start batteries (ALL NEW, 2026)

  • Victron Energy Multiplus II 3000W inverter (NEW, 2024)

  • True Charge 40+ battery charger (NEW, 2024)

  • Victron Energy GX touch screen monitor - lower helm

  • Solar controller with (2) flex panels on flybridge

  • Galvanic isolator

  • Everbilt propane tank with gauge for stove 

  • Raritan 20-gallon 1700 series hot water heater

  • AquaPure 3MFF101 water filter

  • (3) MarineAir reverse-cycle air conditioning/ heat units

  • VacuFlush head system with new hoses and pipe (2026)

  • Macerator/ overboard discharge pump

  • Freshwater pumps

MECHANICAL:
  • Twin (2) Caterpillar 300 HP 3116 TA 6.6L diesel engines with 3,000 original hours

  • Twin Disc 2:47:1 reduction gears

  • 2” S/S shafts with conventional packed stuffing boxes (Repacked, 2023)

  • (2) 28 x 27 four-blade bronze propellers

  • Fischer Panda 9KW generator with 230 hours in soundshield - digital controls (NEW, 2023)

  • Trim tabs removed; Boat Leveler Co. controls remain on upper and lower helms

  • Blowers with ventilation on housetop sides

  • Fireboy 1301 suppression system

  • Reverso oil change system

  • Racor 900 turbine filters

  • Groco A26 100 bronze strainers

  • Outlet in machinery space

  • Siren Marine engine room temperature sensor

TANKS & ECONOMY:
  • Tank Tender monitoring gauges 

  • (2) 300-gallon aluminum diesel tanks (Replaced before 2010)

  • Grand Banks fuel manifold supply and return for mains and generator 

  • (2) 130-gallon painted aluminum water tanks (NEW, 2024)

  • (1) 50-gallon waste holding tank serving both heads

  • Cruise: Approx. 10 knots @1,800 RPM burning 8-10 GPH combined

TENDER & OUTBOARD MOTOR
  • 2015 Zodiac 10’ Cadet RIB: PVC tubes, Deep-V FRP hull, external fuel tank

  • 2023 Yamaha 9.9 HP outboard motor with tiller

  • Custom tie-downs spliced with Camcleat Trapeze adjusters

EXCLUSIONS:
  • Any tools, clothing, gear, artwork, or other personal items seen aboard or depicted in photographs are at the Seller’s discretion.

Price History

DateEventPrice
9/23/26Initial price$275,000

Videos from Northstar Yacht Sales, LLC on this 1992 Grand Banks 42 Classic

Contact Northstar Yacht Sales, LLC

1 Lagoon Rd, Portsmouth, RI, 02871

Overview from around the web 1992 Grand Banks 42 Classic

The Grand Banks 42 Classic, a timeless vessel from 1992, receives high praise from its owners

Customers often highlight its exceptional craftsmanship and robust build quality, which are hallmarks of the Grand Banks reputation. Many appreciate the spacious interior layout that features a comfortable salon and well-designed galley, perfect for entertaining or relaxing with family and friends. Owners frequently mention the vessel's seaworthiness and stability, making it a reliable choice for coastal cruising and longer journeys. The easy maneuverability and responsive handling are noted, especially when docking in tight spaces. Additionally, the fuel efficiency of the twin diesel engines is a common point of appreciation, as it allows for extended cruising without the need for frequent refueling. Many customers also emphasize the classic aesthetic of the Grand Banks 42, which combines elegance with practicality. The rich wood finishes and traditional lines add to its charm, making it a desirable option for those who appreciate classic yachts. Overall, feedback from owners reflects a strong satisfaction with the Grand Banks 42 Classic as a versatile and enjoyable cruising yacht.

Made For

The 1992 Grand Banks 42 Classic is an ideal vessel for seasoned boaters and those seeking a timeless cruising experience. Its sturdy construction and classic design make it perfect for individuals or families who appreciate a blend of luxury, comfort, and classic style on the water. This classic trawler appeals to those who enjoy long-distance cruising and leisurely voyages, thanks to its efficient diesel engines and exceptional fuel economy. It’s also well-suited for those who value outdoor living, with spacious decks and a welcoming flybridge, providing the perfect setting for gatherings with family and friends. With its comfortable accommodations and practical layout, the Grand Banks 42 Classic is perfect for weekend getaways or extended journeys, catering to owners who want to embrace the freedom of life on the water. Whether you’re an experienced sailor or new to boating, this boat offers a seamless blend of performance and elegance, making it a cherished choice for any maritime enthusiast.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1992 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.
$
$
510152025
%
Principal Loan Amount$233,750
Total Payment$417,936.32
Monthly payment
$1,741.40/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1992 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.
$
$
510152025
%
Principal Loan Amount$233,750
Total Payment$417,936.32
Monthly payment
$1,741.40/mo

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Draft4'-----
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Days on Market213418351542
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Address

1 Lagoon Rd
Portsmouth, RI 02871

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