2003 Grand Banks 46 Europa Boat in Nantucket, MA 02554 US
Built in 2003
46 Europa
2 Engines (2x Caterpillar)
46 feet
Diesel
Fiberglass/Reinforced
The Grand Banks 46 Europa "ALTA" is a timeless and legendary yacht designed by one of the worlds leading builders. She has been meticulously cared for, constantly updated by her fastidious owners and maintained by the finest yards in New England. Her appearance is deceiving presenting far newer than her vintage would imply, and is in truly Bristol condition. Capable for North-South and a proven Bahama cruiser, she is the envy of every harbor!
The Grand Banks 46 Europa is a premier long-range cruising yacht that combines the traditional heritage of the trawler with the exceptional weather protection and utility of the Europa design. A signature feature of the Europa is its extended flybridge overhang, which completely shelters the aft cockpit and wide side decks from sun and rain.
High bulwarks and substantial teak cap rails extend the length of the vessel, providing secure passage to the foredeck, even in challenging conditions. The distinctive plumb bow and semi-displacement hull incorporate a long keel for excellent directional stability, while hard chines help deflect spray and enhance the ride. Even greater stability is realized by Wesmar Fin stabilizers which greatly reduce roll in a seaway.
The flybridge offers a second helm station along with generous additional seating, all benefiting from the commanding, high-visibility vantage point characteristic of the GB Heritage Series.
The single-level main deck seamlessly connects the expansive salon with the covered aft cockpit through sliding, wood-framed glass doors, creating a spacious indoor-outdoor living environment. Large panoramic windows surround the salon, filling the interior with natural light and providing excellent visibility in all directions.
Inside, the yacht showcases Grand Banks' renowned craftsmanship, with rich handcrafted teak joinery, fine cabinetry, and teak-and-holly sole throughout. The two-stateroom, two-head layout features a forward master stateroom, an amidships guest stateroom with twin berths to port, two full heads, and a convenient galley-up arrangement integrated into the main salon and lower helm station.
The engine room provides approximately five feet of standing headroom and is exceptionally well-lit and ventilated, offering excellent access to the twin Caterpillar diesel engines and mechanical systems. Exceptional in this yacht is the AquaDrive system which reduces vibration, enhances life of the transmissions and tolerates less than perfect engine alignment. Driven by Stainless Steel shafts and propellors with maneuvering enhanced with bow and stern thrusters, she is a simple reliable yacht easily managed.
Designed for economical long-range cruising at 9 knots burning 7 gph, peppy cruise at 14 knots, and top speed approaching 20 knots when needed. The Grand Banks 46 Europa delivers an impressive combination of efficiency, comfort, seaworthiness, and traditional Grand Banks styling.
Few yachts of this vintage reflect the exceptional condition and thoughtful care to be experienced aboard "ALTA". Plan your inspection today as she will not last!
Notable features & upgrades:
- Garmin electronics update
- FB Stidd helm chair (2025)
- Starlink w/ VPN (2024)
- Solar Panels flexible 400 watts on Bimini (2024)
- 2022 Inmar 320 Tender w/ 20hp Suzuki (new 2024)
- Dinghy Davit Brower Systems 12V DC on FB
- CAT engine displays updated to color Digital (2025)
- Bow and stern thrusters
- Wesmar hydraulic fin stabilizer system
- Canvas with new strataglass
- Service up to date
- Victron Inverter (2024)
- New AGM batteries
- Watermaker Sea Water Pro 12 gph (2024)
- Dive compressor Mantus Dive w/ 2 tanks (2024)
- 2 cabin, 2 head layout (two full showers)
- Canvas covers for the toe rail and transom to preserve the varnish
- Salon curtains replaced with blinds
- Carpet new throughout interior
- Props and shafts removed, sent for service and re-installed
- Transom varnish stripped and refinished
- Bottom shell blast, Epoxy barrier coat, Antifouling (2024)
- Service records available
- Dometic 12v DC large Freezer in Lazarette
- Large salon windows provide abundant light, refreshing ventilation, and a breathtaking 360-degree view
- Lovely teak and holly soles
- Elegant satin-finished teak interior
- Comfortable salon seating
- Flexible use hi/lo teak table with fold-out hinged leaves
- Entertainment center with attractive roll-away doors
- Bar with U-line ice maker
- Convenient helm door to the starboard covered deck
- Desirable salon-level galley with U-shaped Corian countertops, extensive storage, large c generous deep freezer, and a three-burner Force 10 propane range (2016)
- Numerous opening ports and hatches
- Luxurious master stateroom with island berth, cedar-lined hanging locker, dresser, desk/ vanity, and ensuite head
- Comfortable guest cabin with two-single berths, cedar-line hanging locker, and numerous drawers
- Master and guest heads feature Corian vanities, Vacuflush systems, and separate shower stalls
- Easy-access Splendide washer/ dryer (2019) in custom guest head cabinet
- New salon blinds (2021)
- New LED cove lighting (2018)
- Garmin 7616 chart plotter/ GPS/ radar (lower helm, 2016)
- 2 Garmin Marine Instrument Displays (lower helm, 2016)
- ICOM M-604 VHF with Command Microphone (lower helm)
- Inter-Phase forward looking depth sounder (lower helm)
- Simrad AP-20 autopilot with control heads (lower and upper helms)
- Garmin 7612 chart plotter/ GPS/ radar in NavPod (upper helm, 2016)
- ICOM M424G VHF (upper helm, 2021)
- Command Microphone for ICOM M-604 (upper helm)
- Garmin 4kW xHD2 high definition 4’ open-array radar (2016)
- Garmin AIS600 (2016)
- Garmin Wind masthead transducer (2022)
- Garmin Depth Sounder
- Garmin Cameras (aft facing and engine room)
- Airmar Depth/Temp transducer
- 2 Fusion stereo systems (Salon/ Cockpit, Flybridge, 2016 and 2021)
- Garmin GPS 24xd heading sensor (2021)
- ACR remote control searchlight with controls at each station
- Compass at each station
- Kahlenberg air horn
12V DC SERVICE
- Distribution panel with breakers
- Volt & Amp meters
- Batteries 8D AGM house/inverter (3)
- Batteries 8D AGMs thruster batteries (3)
- Batteries Group 27 lead acid generator start battery
- Alternators 110 amp (2)
110V AC SERVICE
- Generator Westerbeke 12.5KW
- Inverter Mastervolt/Victron 3000 watt Inverter/Charger
- 50A Shore power connections bow and stern
- 50' 50A Shore Power Cord
- Pro Mariner 50A battery charger
- Caterpillar 3126B, FWC 450 HP diesels - Port hrs. 3697, Starboard hrs. 3594
- Engines normally cruise operated at 50% load
- 1000 hr. service After Coolers replaced (2019)
- ZF 2.5:1 Reduction Gears (1 new 2019)
- 28x29" 4 bladed propellers on 2" shafts
- Spurs line cutters (2026)
- Panish dual lever engine controls
- 4 color Caterpillar MPDs (Marine Power Displays) 2013, Updated Software (2019)
- Turbo's rebuilt (2019)
- Aquadrive couplings (absorbs vibration and reduce noise)
- Racor fuel filters
- Fireboy engine room fire suppression
- Duramax dripless shaft seals
- VDO fuel gauges
- VDO water tank gauges
- Reverso oil change system for engines, gears, generator
- 12 Volt engine room lighting
- 110 Volt engine room lighting
- Wesmar Stabilizer system, 24v DC
- Wesmar 12v DC Bow Thruster 13.5 HP (2009)
- Side Power 12v DC Stern Thruster (2014)
- White exterior gelcoat hull and deck
- Solid FRP hull with molded plank lines
- Spray and rub rails with stainless steel inserts
- Navy boot stripe
- Hybrid multi-season bottom paint
- Stainless steel hand and bow rails
- Varnished cap rails, brow and transom overlay
- 9/16" teak deck overlay
- Stainless steel cleats and chocks
- Lofrans Tigress Anchor windlass
- Anchor 73lb Rocna with 200' chain
- Anchor Fortress FX37 Back-up
- Fresh water wash down forward
- H&C transom shower
- Teak swim platform
- Fold down swim ladder
- Brower Systems 1000lb electric davit
- 2022 Inmar 320 Tender w/ 20hp Suzuki (new 2024)
- Dinghy Davit Brower Systems 12V DC on FB
- Washer/Dryer (New 2019)
- Bimini top
- 3/4 Strata glass enclosure (2022)
- Textilene window covers
- Covers for bench and table on flybridge
- Helm cover
- Covers for teak toe rails and transom
- Bedding for both cabins
- Carpets in salon
- PFD, 1Type I and Type II (12)
- 4 Fire extinguishers (4)
- Life Ring
- Braided docklines
- Fenders w/ poly covers (3)
- Aluminum mast
- Courtesy lights
- Varnished teak burgee and ensign staffs
- Fusion stereos with blue tooth and sub woofers, speakers in salon/aft deck & bridge (2016 & 2021)
- Weems and Plath clock, barometer, tide clock
- Weems and Plath brass oil lamp
- Reverse Cycle Air Conditioning Units (2 16KBTUs 1 12K BTU)
- Tankwatch holding tank monitoring systems (2)
- Macerator pumps (2)
- Electric bilge pumps (3)
- Manual bilge pump
- Hot water heater, 20 gallon
- Nature Pure drinking water system in galley
Personal Belongings, framed Lighthouse artwork, Loose galley and other items, tools. Any items seen aboard but not specifically mentioned in the listing should be considered excluded.
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 |
|---|---|---|
| 9/2/26 | Initial price | $675,000 |
2003 Grand Banks 46 Europa Video Tours
Overview from around the web 2003 Grand Banks 46 Europa
The 2003 Grand Banks 46 Europa has garnered positive feedback from boat owners, highlighting its classic design, exceptional build quality, and comfortable living spaces
Many users appreciate the spacious flybridge and well-thought-out interior layout, which offers ample room for relaxing and entertaining. Customers often praise the boat's performance, noting its efficient cruising speed and stability on the water, making it ideal for both short trips and extended voyages. The love for the timeless aesthetics and rich craftsmanship is evident, with many referring to it as a true "yacht" experience. Maintenance is another common topic, with many owners reporting that the materials and systems used in the Grand Banks 46 Europa stand the test of time, requiring less frequent upkeep compared to other vessels in its class. Overall, customers express a strong sense of satisfaction with their investment in this classic yacht, appreciating its blend of luxury, performance, and durability.
The Biggest Pros and Cons
Pros
Timeless Design: The Grand Banks 46 Europa boasts a classic, elegant design that has stood the test of time. Its handsome lines and traditional looks are always in demand among boating enthusiasts.
Exceptional Build Quality: Renowned for their solid construction, Grand Banks yachts are built using high-quality materials, providing durability and longevity. The 2003 model continues this legacy with robust craftsmanship.
Spacious Interior: The layout of the 46 Europa is highly functional, with a spacious salon and ample cabin areas. Natural light floods the interior through large windows, creating a welcoming atmosphere.
Comfortable and Versatile Cockpit: The cockpit design offers easy access to the water and provides a great space for entertaining, dining, or simply relaxing while enjoying the surroundings.
Efficient Performance: Powered by twin diesel engines, the 2003 46 Europa delivers excellent fuel efficiency and a smooth ride, making it suitable for extended cruising.
Good Storage Options: Ample storage spaces throughout the vessel make it ideal for extended journeys, allowing you to bring along all necessary equipment and provisions.
Stability: With a solid hull design and a deeper V, the Grand Banks 46 offers stability in varied sea conditions, providing a comfortable cruising experience.
Cons
Price Point: Grand Banks boats are considered premium vessels, which may make them less accessible for some buyers compared to other brands in the same size category.
Maintenance Cost: The high-quality materials and systems that make these yachts exceptional also come with associated costs for maintenance and repairs, which could be higher than those for more mass-produced vessels.
Limited Speed: While the 46 Europa provides excellent efficiency and comfort, it may not be the fastest option on the water, which could be a consideration for those seeking speed.
Older Technology: As a 2003 model, some technological features may be outdated compared to newer vessels, potentially requiring upgrades for modern navigation and entertainment systems.
Draft Limitations: With a deeper draft than some other cruising boats, accessing shallower waters or marinas may be more challenging in the Grand Banks 46 Europa.
Weight: The sturdy construction contributes to a heavier build, which might affect maneuverability in certain conditions, especially for less experienced sailors.
Made For
The 2003 Grand Banks 46 Europa is ideally suited for a variety of boating enthusiasts, including seasoned cruisers, aspiring liveaboards, and families looking to explore far-off shores in comfort. This model is a perfect choice for those who appreciate classic craftsmanship paired with modern amenities. Couples seeking a romantic getaway will find the spacious interior and comfortable staterooms perfect for relaxation, while families will appreciate the ample living space and the safe, stable design that ensures a pleasant experience on the water. For the adventurer at heart, the Grand Banks 46 Europa provides the durability and reliability needed for extended cruising, whether it’s a weekend getaway or a longer expedition. The vessel's elegant lines and robust construction also appeal to those who value timeless design and superior performance. In essence, the 2003 Grand Banks 46 Europa caters to those who want to combine luxury with practicality, embodying a lifestyle of exploration, comfort, and sophistication on the water.
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 2003 Grand Banks 46 Europa | ||||||
|---|---|---|---|---|---|---|
| Price | $675,000 | $689,999 | $659,000 | $750,000 | $547,009 | $319,900 |
| Location | Nantucket | Quincy | Beverly | Hyannis | Quincy | Falmouth |
| Nominal Length | 46' | 42' | 50' | 47' | 38' | 48' |
| Engine Make | Caterpillar | Mercury | Cummins | Caterpillar | MERCURY | Cummins |
| Total Engine Power | 450 hp | 430 hp | 600 hp | 705 hp | 300 hp | 540 hp |
| Days on Market | 29 | 55 | 424 | 97 | 126 | 14 |
| Get in touch |
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Boat Location
Contact DiMillo's Yacht Sales - Old Lyme about 2003 Grand Banks 46 Europa
34 Neck Road, Old Lyme, CT, 06371
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