2003 Grand Banks 43 Eastbay HX Boat in Eliot, ME 03903 US
43 Eastbay HX
2 Engines (2x Caterpillar)
43 feet
Diesel
Fiberglass/Reinforced
2003 Grand Banks 43 Eastbay HX Twin Caterpillar 3126 w/1350 hrs
Onan 9KW diesel generator w/ 1820hrs
Extensive 2022 Upgrades done at Hinkley Yard in Portsmouth, RI
***More Photos to come***
The 2003 Grand Banks 43 Eastbay HX blends timeless Downeast styling, quality construction, and capable performance in a versatile express cruiser. With a spacious, thoughtfully arranged interior, comfortable accommodations, and twin Caterpillar 3126 diesel engines rated at 450 horsepower each, the Eastbay 43 HX is well suited to coastal cruising, entertaining, and extended weekends aboard.
This example has benefited from substantial improvements completed primarily in 2022 at Hinckley in Portsmouth, Rhode Island. The work included a comprehensive electronics upgrade featuring Garmin navigation, open-array radar, AIS, and SiriusXM weather; refreshed interior and exterior woodwork; new upholstery throughout; significant galley improvements; and updates to the vessel's lighting, air-conditioning components, entertainment system, and cockpit seating.
Additional equipment includes a Side-Power electric bow thruster, Onan 9 kW generator, Xantrex inverter/charger, and Freedom Lift with carbon-fiber arms. The vessel is also offered with an AB ALX inflatable tender powered by a 20-hp Yamaha outboard, reported to have fewer than 25 hours of use.
Major Upgrades & Improvements
2022 Hinckley Refit - Portsmouth, Rhode Island
The owner invested in a wide range of cosmetic, functional, and electronic improvements to enhance the vessel's usability, comfort, and presentation.
Navigation & Electronics
- Garmin GPSMap 8616XSV chartplotter.
- Second Garmin GPSMap chartplotter, model to be confirmed.
- Garmin GMR 424 xHD2 open-array radar and pedestal.
- Airmar B60, 20-degree depth transducer.
- Garmin AIS 800 black-box AIS transceiver.
- Icom M424G VHF radio.
- Garmin GXM 54 SiriusXM weather receiver.
- Siren Pro 3 remote vessel-monitoring system.
Interior & Exterior Improvements
- Refinished interior and exterior woodwork.
- New upholstery and piping throughout, including dinette cushions, starboard seating, port settee cushions, and the aft-facing seat.
- Short mast sanded, prepared, primed, and repainted.
- Forward deck repainted with non-skid paint.
- Horn relocated from the forward deck to the cabin top.
- Plastic windows replaced with proper Eisenglass enclosure panels.
- New dimmable lighting installed throughout.
Galley Improvements
- New two-drawer refrigerator installed.
- New countertop installed.
- Range replaced.
- Dry-storage area reworked.
- Freezer box added.
Climate Control & Entertainment
- Air-conditioning motor and ducting replaced.
- Fusion Apollo Series MS-ERX400 stereo system installed, with control access in the cabin, galley, and stern.
Cockpit & Deck Equipment
- Stern-seat canopy installed.
- Stern bench seating fabricated and installed.
- New stern-seat cushions fabricated and installed.
- Life ring installed.
- Shore-power cord replaced.
Additional Equipment
- Carbon-fiber arms installed on the Freedom Lift.
- AB ALX inflatable tender acquired with a 20-hp Yamaha outboard, reported to have fewer than 25 hours of use.
Accommodations & Interior
The Eastbay's interior offers a practical layout for comfortable cruising, with a forward master stateroom, additional mid-cabin berths, and an L-shaped dinette.
- Master stateroom: Forward stateroom.
- Mid-cabin: Upper and lower Pullman-style berths to port.
- Dinette: L-shaped dinette in the mid-cabin.
- Cabin sole: Teak and holly.
- Headliner: White vinyl with teak batten trim, noted in excellent condition in the 2020 survey.
Galley & Appliances
The galley is located below to port at the companionway, with additional refrigeration in the pilothouse. The galley was updated during the 2022 refit with a new refrigerator, countertop, range, reworked storage, and an added freezer box.
Equipment documented in the survey includes:
- Norcold 12/120-volt refrigerator.
- Norcold 12/120-volt pilothouse refrigerator.
- Princess 120-volt range, subsequently replaced according to the owner.
- Sharp 120-volt microwave/convection oven.
- Additional freezer box installed during the refit.
Engines & Propulsion
Power is provided by twin Caterpillar 3126 diesel engines, rated at 450 horsepower each, coupled to conventional shaft drives.
- Engines: Twin Caterpillar 3126 diesel inboards.
- Rated horsepower: 450 hp per engine.
- Engine hours: Approximately 400 hours since major engine overhaul.
- Transmissions: Twin Disc.
- Reduction ratio: 2.04:1.
- Propulsion: Conventional shaft drive.
- Shaft seals: Dripless shaft seals.
Fuel System
- Diesel fuel.
- Approximately 450-gallon fuel capacity.
- Aluminum fuel tanks.
Generator & Electrical Systems
The vessel is equipped for extended time aboard with an auxiliary diesel generator, inverter/charger, and a 12-volt DC battery system.
- Generator: Onan diesel generator.
- Generator output: 9 kW.
- Model: MDKAL 5558880,
- Inverter/charger: Xantrex.
- Electrical system: 12-volt DC.
- Main batteries: Four Group 8D batteries.
- Generator battery: One separate battery
- Battery banks: Three.
Air Conditioning & Climate Control
- Three Marine Air air-conditioning units
- Air-conditioning motor and ducting replaced during the subsequent refit; specific unit and scope to be confirmed.
Fresh Water & Sanitation
- Approximately 110-gallon fresh-water capacity.
- One fresh-water tank; aluminum construction noted but not confirmed.
- VacuFlush marine toilet system.
Helm, Deck & Handling Equipment
- Hydraulic steering.
- Maxwell windlass.
- Side-Power 12-volt electric bow thruster.
- Ritchie compass.
- Bennett trim tabs.
- Freedom Lift fitted with carbon-fiber arms.
- Stern bench seating and canopy.
Annual Maintenance & Ownership History
The owner reports carrying out routine seasonal decommissioning and winterization each year at Safe Harbor Kittery Point or Hinckley, including:
- Engine and generator decommissioning.
- Fresh-water system winterization.
- Electrical system decommissioning.
- Inverter inspections.
- Bilge-pump cleaning.
The bottom has reportedly been fully painted twice, with an additional "smile" coat applied on one occasion.
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
| Date | Event | Price |
|---|---|---|
| 10/10/26 | Initial price | $399,999 |
2003 Grand Banks 43 Eastbay HX Video Tours
Overview from around the web 2003 Grand Banks 43 Eastbay HX
The 2003 Grand Banks 43 Eastbay HX has garnered much appreciation from its owners, who often highlight several key aspects of this classic vessel
Customers frequently praise its exceptional craftsmanship and timeless design, which reflect the enduring quality that Grand Banks is known for. Many users commend the spacious and well-appointed interior, noting the thoughtful layout that allows for comfortable living and entertaining. The large windows offer an abundance of natural light and provide stunning views of the surrounding waters. Performance is another strong point; owners report that the Eastbay HX is a reliable and smooth performer, making it ideal for both leisurely cruising and longer passages. The powerful engines ensure that the boat can handle rough seas with confidence while maintaining fuel efficiency. Additionally, the attention to detail in the woodwork and finishings is well-regarded, showcasing the traditional boating aesthetic that many find appealing. Customers appreciate the combination of luxury and functionality, making it a perfect choice for both seasoned boaters and those new to yachting. With its robust construction, elegant design, and reliable performance, the 2003 Grand Banks 43 Eastbay HX remains a beloved choice among boating enthusiasts, earning high marks for both quality and value in the market.
The Biggest Pros and Cons
Pros
Classic Design: The 2003 Grand Banks 43 Eastbay HX boasts a timeless aesthetic that combines traditional craftsmanship with a modern cruising profile. Its beautiful lines and refined finishes are sure to turn heads.
Build Quality: Known for their exceptional construction, Grand Banks vessels are built to last. The use of high-quality materials and attention to detail ensures durability and longevity, making it a reliable choice for long-term ownership.
Maneuverability: The 43 Eastbay HX features a semi-displacement hull that provides excellent handling and stability, allowing for smooth cruising in various conditions. It’s also relatively easy to navigate in tight spaces.
Fuel Efficiency: Powered by twin diesel engines, this model offers impressive fuel efficiency for its size. Long-distance cruising becomes more economical, making it suitable for both weekend getaways and extended voyages.
Comfortable Interior: The thoughtfully designed interior space provides a warm and inviting atmosphere with plenty of room for entertaining or relaxing. The layout includes a well-equipped galley, comfortable salon, and cozy staterooms.
Versatile Deck Space: Large cockpit and spacious flybridge areas allow for a variety of outdoor activities. Whether you want to fish, sunbathe, or enjoy alfresco dining, the deck offers flexibility for leisure pursuits.
Cons
Price Point: Grand Banks boats tend to come with a higher price tag due to their premium build and reputation. This could be a consideration for buyers on a tighter budget.
Storage Limitations: While adequately sized for cruising, some users note that storage space can be limited compared to larger vessels, which might require creative organization for longer trips.
Maintenance Costs: As a quality vessel, the upkeep and maintenance of the Grand Banks may involve higher costs, especially with the care required to maintain its aesthetics and mechanical systems.
Speed: While the semi-displacement hull provides efficient cruising, it may not satisfy those looking for high-speed performance. The boat is designed for comfort over speed, which can be a downside for some.
Not Ideal for Shallow Waters: The design may limit access to shallower marinas or areas suited for smaller boats, potentially restricting some cruising options.
Age Considerations: As a 2003 model, buyers should be mindful of the vessel's age. While many are well-maintained, it's important to assess the condition and any upgrades that may be necessary.
Made For
The 2003 Grand Banks 43 Eastbay HX is an exceptional choice for discerning boaters who value craftsmanship, performance, and luxury on the water. This vessel is ideal for seasoned enthusiasts looking for a reliable and elegant option for coastal cruising or longer voyages. Perfect for families or couples, the Eastbay HX offers spacious accommodations and thoughtful amenities, ensuring comfort during extended trips. It appeals to those who appreciate classic styling combined with modern functionality. With its powerful yet efficient engine, this boat is suitable for both leisure and adventure, capable of gracefully navigating both calm waters and challenging conditions. The Grand Banks 43 Eastbay HX is especially attractive to those who cherish quality time spent with loved ones, whether enjoying sunsets at anchor or exploring new destinations together. This boat embodies the spirit of adventure and the joy of life on the water, making it a remarkable choice for anyone looking to elevate their boating experience.
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2003 Grand Banks 43 Eastbay HX | ||||||
|---|---|---|---|---|---|---|
| Price | $399,999 | $475,000 | $300,000 | $255,000 | $209,500 | $209,500 |
| Location | Eliot | Southport | Belfast | Rockland | Harpswell | Naples |
| Nominal Length | 43' | 43' | 52' | 42' | 40' | 40' |
| Engine Make | Caterpillar | Cummins | Caterpillar | Cummins | Caterpillar | - |
| Total Engine Power | 450 hp | 480 hp | 420 hp | 315 hp | 375 hp | - |
| Days on Market | 22 | 394 | 1754 | 228 | 112 | 104 |
| Get in touch |
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Boat Location
Contact Smith Yacht Sales about 2003 Grand Banks 43 Eastbay HX
24 Shipyard Dr, Suite 204, Hingham, MA, 02043





























