2003 Grand Banks 54 Eastbay SX
$749,000
Boat in Anacortes, WA 98221 US
54 Eastbay SX
2 Engines (2x Caterpillar)
54 feet
Diesel
Fiberglass/Reinforced
LOADED AND UPDATED FOR AN AMAZING CRUISING EXPERIENCE!
The 54' Grand Banks Eastbay SX demonstrates the excellence in quality and craftsmanship the Grand Banks brand is renown for while exuding the classic styling designed by Raymond Hunt & Associates, making this vessel one of the most highly regarded downeast express yachts available.
Her elegant and timeless aesthetic is equally matched with her supreme performance thanks to her deep-V hull design, low center of gravity and twin Caterpillar 800hp diesel engines; this model delivers a smooth, stable ride in a variety of conditions. Her generous walk-around decks allow boaters of any skill or mobility level to access fore and aft with ease and comfort, making this model perfect for cruising around the Puget Sound or all the way up through the Inside Passage.
The SX (Sedan Express) layout is prized for its single-level living, offering a bright and open salon with 360-degree views, seamlessly connected to the cockpit through a sliding door-perfect for entertaining or extended cruising. Below deck, you'll find a spacious two-stateroom configuration, with rich teak joinery, a fully equipped galley, and elegant, handcrafted finishes throughout.
Undoubtedly the manufacturer and design of this vessel make her a standout on the water, but where she truly exceeds beyond all the others is in the massive upgrades and updates her current owners have bestowed upon her in the past three years:
- RECENT UPGRADES INCLUDE:
- Completely new bottom from the gelcoat up with a 3-layer epoxy barrier coat (performed at Nordlund Shipyard in 2024)
- Recently added Webasto diesel furnace
- Freedom tender lift added in 2023
- 12' Gala rigid bottom inflatable with 40hp Suzuki outboard motor
- Customized helm station with Garmin 22" touch screen display with Garmin suite autopilot, radar, plotter, AIS display, depth, tank, wind and battery data with cell phone control; Garmin AIS transmitter/receiver; two (2) Garmin information readouts above helm installed in 2024, Garmin fuel and water gauges in 2025, and Garmin GPS MAP OX 733
- ICOM MC-510 radio with AIS and remote handset installed in 2023
- Custom electrical panel re-wired in 2024; the upgraded electrical system will allow for charging of all batteries; it will also allow from the house batteries the use of 220v/110v/24v/12v equipment (no need to be plugged into the shore power or run the generator!)
- All new canvas, tender cover, eyebrow, transom cover and cockpit cover in 2025
- Kayak chocks installed on foredeck in 2025
- Fireboy system installed in 2023
- New Dometic MasterFlush marine toilets
- Engine block heaters in 2023
ADDITIONAL HIGHLIGHTS INCLUDE:
- Twin Caterpillar 800hp Diesel engines with 1550 hours
- Sidepower bow thruster with remote
- Westerbeke 12.5kw diesel generator
- Victron MultiPlus 24v / 3000 watt inverter / charger, 70A-50A UL with GX Touch 50 Display (gives an instant overview of your system and easily allow you to adjust settings...this is pretty awesome)
- SmartSolar MPPT Charge Controller 100V/30A (two) (this charges the house batteries)
- 12 Fullriver 6V 224AhGC2 Sealed Lead Acid AGM batteries (x12 = 1344-amp hours!)
- Kobelt single engine controls / synchronizing switch (combines throttle and transmission controls into single lever operation - makes for easy maneuvering)
- Air conditioning / heat pump system with digital thermostats (four units)
- Reverso oil change system for mains and generator
- Port and Starboard midship boarding gates for easier accessibility
- Splendide washer / dryer
This vessel is exceptionally equipped for cruising in all types of waters and locations and we are excited to get you aboard. She is located in a dry moorage marine just minutes from our office in Anacortes, WA and we are ready to get you aboard today!
The engine room of this model reflects the builder’s dedication to quality engineering and serviceability, offering a clean, well-lit, and intelligently laid-out space that serious cruisers and mechanics alike will appreciate.
Accessed via a hydraulically assisted hatch in the cockpit sole or through a secondary entry in the lazarette, the engine room provides standing headroom and excellent maneuverability around the twin diesel 800hp Caterpillar engines, delivering powerful yet efficient performance. Every component, from the engines to the generator, fuel filters, and electrical panels, is easily reachable, making routine maintenance and inspections straightforward.
Sound insulation, high-quality hose and wiring looms, and neatly routed plumbing lines reflect the meticulous attention to detail Grand Banks is known for. Ample lighting and ventilation, including forced-air blowers, help keep the space safe, cool, and dry.
Whether underway or at the dock, the engine room aboard the 54 Eastbay SX provides peace of mind with its robust construction, thoughtful layout, and ease of service — hallmarks of a yacht built for serious cruising.
- Twin 800hp Caterpillar 3406E with 1550 hours
- ZF 350A transmissions
- Kobelt single engine controls / synchronizing switch (combines throttle and transmission controls into single lever operation - makes for easy maneuvering)
- Sidepower bow thruster with joystick control
- Four (4) 16,000 BTU air conditioning / heat units with digital thermostats
The electrical systems on this vessel are certainly something to talk about: in 2024 the electrical panel had a custom re-wire to allow for charging of all batteries from the house batteries the use of 220v/110v/24v/12v equipment (no need to be plugged into the shore power or run the generator!)
- 110 / 220-volt AC ship's system: shore power, generator, inverter
- 110 / 220-volt DC AC electrical panel with selector switches
- 24-vold DC ship's system
- 12-volt DC ship's system
- 24-volt, 60amp alternator on engines
- SmartSolar MPPT Charge Controller 100v / 30A for solar charging of house batteries
- Victron MultiPlus 24V / 3000 watt inverter / charger, 70A-50A UL with GX Touch 50 display panels and system monitoring
- Twelve (12) Fullriver 6v 224Ah GC2 sealed lead acid AGM batteries (x12 = 1344-am hours)
- 24-volt back up 50-amp battery charger
- 12-volt back up 50-amp battery charger
- Generator remote start & gauges in the engine room, salon and helm
- Generator gas / water separator exhaust - quiet underwater discharge
- Cablemaster with 75" shore power cord system
- 50' 50-amp electrical cord, 25' 50-amp electrical cord
- All electrical adapters to mate boat with all dock power sources
- 110 volt AC fluorescent engine room lights (three)
- 24 volt DC LED engine room lights
- Fireboy system (2023)
Perhaps the highlight of this vessel is this generous space which blends style, comfort and functionality—this cockpit is designed for any activity you can imagine, from entertaining to relaxation and, of course, recreation. Elegantly finished in rich teak decking, this open-air space invites guests to unwind with built-in seating, a varnished teak table, and easy access to the salon through wide sliding doors. Integrated storage lockers keep gear neatly stowed, while wide side decks and transom door access to the swim platform add versatility and flow. Whether hosting sunset cocktails or prepping for a day on the water, the cockpit offers a refined yet practical gathering space that embodies the Eastbay’s timeless craftsmanship.
- Spacious teak decking
- Two (2) daft facing bench seats
- Wide transom door for easy access to the integrated swim platform, great for boarding or water/recreational activities
- Hot and cold cockpit shower
- Optional shade structure offers sun and weather protection
- Smooth transition into the salon via wide sliding glass doors for seamless indoor-outdoor living
- Courtesy lighting enhances nighttime visibility and ambiance
- Large, lockable hatches: twin cockpit hatches provide easy access to lazarette
- Excellent lazarette stowage ideal for fenders, lines, deck gear and spare parts
- Access to systems such as steering gear, water tanks and generator
The Owner's Stateroom aboard the Grand Banks 54 Eastbay SX is a spacious retreat that blends traditional craftsmanship with modern luxury. Located forward, this beautifully appointed suite offers a quiet, private space ideal for extended cruising or liveaboard comfort.
At the center is a walkaround queen-sized berth with a plush mattress and custom cabinetry flanking both sides. Rich teak joinery, handcrafted wood accents, and soft LED lighting create a warm, welcoming ambiance that reflects the yacht’s classic Grand Banks heritage. Generous storage abounds, with full-length hanging lockers, built-in drawers, and thoughtfully integrated shelving to accommodate extended stays aboard.
Hull-side windows with opening ports invite natural light and sea breezes while maintaining a sense of privacy. The en suite Owner's Head is just steps away, featuring premium fixtures, a separate shower, Dometic freshwater toilet and fine finishes for a truly elevated onboard experience.
Comfortable, elegant, and expertly designed, the master stateroom on the 54 Eastbay SX delivers a true home-away-from-home feeling — perfectly suited for discerning cruisers who value both style and substance.
- Located forward
- Centerline Queen berth with custom mattress and built-in drawers beneath
- Generous storage: includes two (2) lighted cedar-lined hanging lockers, drawers and overhead cabinetry for long tern stowage
- Floor storage for large items (i.e. suitcases)
- Private en suite head w/ direct access to Dometic marine toilet, sink with vanity and separate shower stall
- Overhead deck hatch with Ocean-Air screens and shades
- Opening port and starboard ports with screens and curtains
- Dorade ventilation
- Heat and air-conditioning control
- Overhead lighting
- Swingarm reading lamps
- Foot lighting
- Custom teak framed mirror
Located en suite to the full-beam Owner's Stateroom, this private space features elegant teak cabinetry, a solid-surface countertop with an under-mounted sink, and high-end fixtures that echo the yacht’s timeless aesthetic.
A generously sized, separate shower stall is enclosed with a glass door, offering stand-up height and excellent ventilation. Thoughtfully designed storage includes mirrored medicine cabinets and under-sink compartments, ensuring ample space for personal items and toiletries. A Dometic freshwater MasterFlush marine toilet and Tankatch monitor panel are outfitted in this space. Premium finishes, non-slip flooring, and practical touches like towel bars and grab handles round out the space, creating a head that feels more like a boutique hotel than a traditional marine facility.
Perfectly appointed and exceptionally crafted, the master head on the 54 Eastbay SX provides a serene, private retreat — combining everyday convenience with the unmistakable elegance of Grand Banks.
- Private ensuite access: dedicated exclusively to the Owner's Stateroom for ultimate privacy and ease of use
- Dometic freshwater MasterFlush marine toilet
- TankWatch monitoring panel
- Large separate shower stall featuring teak accents and a built-in seat for a spa-like experience
- Solid-surface countertop with integrated sink
- Mirrored vanity with stowage
- Opening port with screen and shade
The Guest Stateroom aboard this vessel offers a warm and comfortable retreat, thoughtfully designed for versatility and style. Outfitted with two generously sized twin berths with custom mattresses, this space is perfect for family or guests, featuring rich teak cabinetry, custom bedding, and ample storage throughout. A large hanging locker, bedside storage, and opening portlights ensure comfort and functionality, while the timeless wood finishes and soft ambient lighting create a cozy, nautical ambiance. Ideal for extended cruising or weekend getaways, this stateroom reflects the Eastbay’s signature craftsmanship and attention to detail.
- Two single berths, with custom height and custom mattresses
- Custom drawer stowage
- Lighted cedar-lined hanging locker
- Overhead deck hatch with Ocean-Air screens and sunshades
- Opening port with screen and curtains
- Overhead lightng
- Reading lamps
- Heat control
With true teak touches and featuring solid-surface countertops, this space offers a refined yet durable environment. A separate enclosed shower with a glass door provides added comfort and convenience, while premium fixtures, abundant lighting, and ventilation ensure a fresh and pleasant atmosphere. Accessible from the guest stateroom and companionway, it serves both guests and day use with ease. Thoughtfully laid out and beautifully appointed, the Guest Head exemplifies the Eastbay’s commitment to comfort and craftsmanship.
- Located midship, to starboard; across companionway from Guest Stateroom
- Access from Guest Stateroom or Companionway
- Dometic freshwater MasterFlush marine toilet
- TankWatch monitoring panel
- Large separate shower stall with teak accents
- Solid-surface countertop with molded sink
- Mirrored vanity with stowage
- Opening port with screen and shade
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 |
|---|---|---|
| 3/31/26 | Initial price | $749,000 |
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Contact BananaBelt Boats & Yachts about 2003 Grand Banks 54 Eastbay SX
2919 V Avenue, Anacortes, WA, 98221
Contact BananaBelt Boats & Yachts
2919 V Avenue, Anacortes, WA, 98221




















































