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2005 Grand Banks 49 Eastbay SX

$645,000

Used

Boat in Virginia Beach, VA US

builtBuilt in 2005
Year the boat was built
model

49 Eastbay SX

Boat model
engine

1 Engine (2xCAT)

Engine type and count
length

49 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
While all of the Grand Banks Eastbay 49's have always been highly sought after and popular, "1 Freedom 1" is an ESPECIALLY FINE example of the more rare Salon Express (SX) model with the factory hard-back salon enclosure vs the soft-back canvas enclosure found on the Hardtop Express (HX) model. This feature provides for a "true salon" which is finished to a much higher degree than that of the soft-back models (which are more exposed to the elements), and the space can be locked for added security and comfort.

"1 Freedom 1" has been lovingly owned and kept in tip-top form. Some of her more key features include:

-Hull painted with Awl Grip, "San Mateo Wheat"

-Low-hours (1750) on her CAT C-12 705hp diesel engines with Twin Disk MGX 5114 A Gears

-Onan 13.5KW diesel generator with 1,425 hours

-Bow Thruster added April 2023

-Hydraulic TNT swim platform (re-built 2022) with new dingy cradle (2023)

-New Garmin Electronics (2024)

-Cockpit teak decking

-Electric grill and ice maker in cockpit (both new 2020)

-Unique layout with larger than standard Master Stateroom and Office

-Poseidon pleated shades in Salon, all windows, windshield, and aft door (2020)

Scroll down for much more!
Nominal Length
49ft
Length Overall
47.75ft
Beam
16ft
Max Draft
4.17ft
Dry Weight
48000lb
Cruising Speed
25kn
Max Speed
30kn
Fresh Water Tanks
176gal
Fuel Tanks
835gal
Holding Tanks
80gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
2xCAT
Engine Model
C-12's @ 705hp ea
Engine Type
inboard
Fuel Type
diesel
Drive Type
direct
Additional Units Included
  • 2014 Walker Bay
Recent Upgrades
The below items have also been performed:
-Dometic fresh water pump replaced
-Fuel transfer pump replaced
-Battery Charger replaced
-1,000 hour engine service performed
2017-2023 Upgrades
Current and prvious Owners have performed the following, which is a testament to the care that "1 Freedom 1" has received:
-Extra large Garmin screen installed
-Garmin Sounders: Standard plus side scan (2018)
-Garmin Full Array Radar
-Infrared Engine Room Camera (2018)
-Salon AV Equipment (26" TV, Bose center speaker, Blu-Ray DVD Player) (2018)
-Fusion MS-UD755 Stereo and speakers 
-KVH TV3 Satellite Dish and Receiver 
-New AC/Heat Pump Units, Compressors, and Digital Controls (FOUR)  (2017-2019)
-New Splendide Combo washer/dryer (2017)
-New Stainless Steel Sub-Zero galley refrigerator (2021)
-New Stainless Steel Sub-Zero galley freezer Drawer Unit (2021)
-Rebuilt both Vacuflush heads (2017)
-New Whale shower sump pump (2017)
-Added dockside water inlet (2017)
-New cockpit U-Line icemaker (2020)
-New cockpit Kenyon electric grill (2020)
-Refinished exterior teak brightwork (2025)
-Rebuilt hydraulic TNT swim platform dingy lift (2022)
-New dungy (2024)
-Added cockpit fresh water washdown (2022)
-New Interior carpet. soft goods, reupholstery, cushions, pillows, bedspreads, shams etc. (2020)
-New Poseidon pleated shades in Salon: all windows, windshield, aft door (2022)
-Replaced Computank water and fuel sensors
-New Galley Delta Faucet set with pull-out sprayer (2021)
-New Grohe faucets in heads (Two) (2020)
-New AC strainer assemblies and thru-hulls (2020)
-New AC pumps (Two) (2019)
-Added water-line shut-offs and drains for icemaker. bow washdown, cockpit shower, and fresh water washdown in transom (2017)
-Shaft Spurs (line cutters) added (2017)
-ICOM 506 VHF (2017)
-Replaced all bilge pumps (2017)
-Replaced all Batteries (House plus 8D Batteries) (2022)
-Replaced both transmission solenoids (2017 port, 2022 starboard)
-Rebuilt Salon high/low table (2023)
-New Bow Thruster (May 2023)
-New dingy cradle installation on hydraulic teak swim platform (May 2023)












Vessel Walkthrough
 The Salon Express version of the 49 Eastbay offers a comfortable air conditioned or heated salon/helm area. A large L-Settee is to port. It's forward length has been aligned with the port bench seat that raises and lowers via electric actuator (recently serviced). When in the lowered position, the bench seat becomes part of the settee and converts to a sectional. The bench seat backrest swings forward to allow comfortable seating in the down/sectional position. When raised, the bench seat is at same level as STIDD helm seat opposite on starboard. A custom teak entertainment center with electronic pop-up flatscreen TV and bar is to starboard with a small stainless steel sink aft of the helm.

The galley is down 4 steps, is a large U-shape and has plenty of counter space and cabinet storage. Opposite the galley is an office with desk, chair and storage cabinets. A large teak cabinet forward has louvered doors and covers a combination washer/dryer.

Down the companionway is a guest stateroom on port with twin berths and guest/day head across the hall on stbd. The master stateroom is forward with a true island queen berth. This stateroom has been enlarged and offers a very nice vanity/make-up area with a stool that swings out for comfort. Aft is a very large hanging locker on the aft bulkhead. Again, this rare layout gives the master stateroom considerably more room than the typical layout found on her sisterships.  One of the many features that really set "1 Freedom 1" apart!

The master head is to starboard. The guest and master head share a large stall shower with doors going into each head from the shower. There is a shower curtain that covers each teak door when in use so the wood stays dry.

All in all a very livable layout for any type of cruising!!  Beautifully done!!
Notes
The Grand Banks Eastbay 49' is arguably the finest and one of the most beautiful yachts to come from the boards of C. Raymond Hunt and Associates. Her design has defined the modern downeast cruiser, with most other builders trying to emulate the yacht since her introduction. Graceful sheer and moderate bow flare are reminiscent of Maine lobster boats, while her modified deep-V hull with computer designed lifting strakes are at the forefront of modern underbody design. Her twin 705 hp Caterpillar C12s engines (only 1750 original hours) provide ample, reliable power and speed, and she cruises easily at 25 knots. The interior accommodations are well designed and provide a bright and airy ambiance. The galley like other living spaces is efficient with ample storage and top of the line appliances. Flawless joinery and elegant upholstery throughout have been refreshed and well maintained, and the vessel is professionally cleaned and managed. "1 Freedom 1" is modern, fast, dry, stable, and beautifully detailed, as one would expect in a Grand Banks yacht. This boat is in turn-key condition and will readily appeal to a discerning yachtsman. If you wish to cruise in luxury and turn heads in every harbor, "1 Freedom 1" should be at the top of your list!
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
1/27/26Initial price$645,000

Videos from Bluewater Yacht Sales on this 2005 Grand Banks 49 Eastbay SX

2005 Grand Banks 49 Eastbay SX Video Tours

Contact Bluewater Yacht Sales

One Marina Road, Hampton, VA, 23669

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Overview from around the web 2005 Grand Banks 49 Eastbay SX

Customers praise the 2005 Grand Banks 49 Eastbay SX for its classic craftsmanship and timeless design, highlighting its spacious and comfortable interior that’s ideal for extended cruising

Many appreciate the solid build quality and reliable performance of its twin diesel engines, noting the boat’s excellent seakeeping abilities in various conditions. Owners often mention the thoughtful layout, combining traditional style with modern amenities, making it perfect for both family outings and longer voyages. The large flybridge and well-equipped helm receive positive remarks for providing great visibility and ease of handling. Overall, the 2005 Grand Banks 49 Eastbay SX is celebrated for blending elegance, durability, and practical functionality.

The Biggest Pros and Cons

The 2005 Grand Banks 49 Eastbay SX is a well-regarded trawler-style yacht that combines classic design with modern amenities. Here are some of the key pros and cons of this model:

Pros

Classic Elegant Design: The 49 Eastbay SX features timeless Grand Banks styling with a beautiful semi-displacement hull, offering smooth and comfortable cruising.

Spacious Interior: The layout includes multiple cabins and ample living space, making it ideal for extended cruising or liveaboard comfort.

Quality Construction: Known for solid build quality with high-grade materials and craftsmanship, ensuring durability and longevity.

Efficient Performance: Powered by reliable diesel engines, it offers respectable cruising speeds with good fuel efficiency for its size.

Well-Equipped Helm: The flybridge helm station provides excellent visibility and easy handling, plus comprehensive navigation and control systems.

Versatile Layout: The combination of a spacious cockpit and flybridge allows for both socializing and practical fishing or docking operations.

Good Storage: Ample storage throughout the boat supports long trips and provisioning.

Cons

Maintenance Costs: As a luxury yacht with complex systems, ongoing maintenance and upkeep can be relatively high.

Draft Limitations: With a moderate draft, it may be restricted in very shallow waters or certain cruising grounds.

Age Considerations: Being a 2005 model, some systems and equipment may require updating or replacement depending on prior maintenance.

Fuel Consumption: While efficient for its class, fuel usage is higher compared to smaller or more modern displacement vessels.

Limited Top Speed: Designed primarily for comfortable cruising rather than speed, it may not satisfy those seeking faster performance.

Made For

The 2005 Grand Banks 49 Eastbay SX is ideal for boating enthusiasts seeking a luxurious and comfortable cruiser that combines classic style with modern performance. It's perfect for those who enjoy extended cruising with family and friends, offering spacious accommodations, reliable seaworthiness, and elegant design. Whether you're planning coastal adventures or weekend getaways, this yacht suits owners who appreciate quality craftsmanship and timeless appeal.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 Grand Banks 49 Eastbay SX. 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 Downeast 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
$4,084.38/mo
$
$
%
Principal Loan Amount$ 548,250
Total Payment$980,250.64

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 Grand Banks 49 Eastbay SX. 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 Downeast 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
$4,084.38/mo
$
$
%
Principal Loan Amount$ 548,250
Total Payment$980,250.64

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Address

One Marina Road
Hampton, VA 23669

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Contact Bluewater Yacht Sales about 2005 Grand Banks 49 Eastbay SX

One Marina Road, Hampton, VA, 23669

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from Bluewater Yacht Sales 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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