• Slide: The Image of 2001 Grand Banks Eastbay 38 HX yacht cruising on a sunny lake with lush green shoreline. - 1The Image of 2001 Grand Banks Eastbay 38 HX yacht cruising on a sunny lake with lush green shoreline. - 1
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  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX yacht docked at marina, showcasing sleek deck design. - 13The Image of 2001 Grand Banks Eastbay 38 HX yacht docked at marina, showcasing sleek deck design. - 13
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  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX docked, featuring spacious deck and American flag. - 17The Image of 2001 Grand Banks Eastbay 38 HX docked, featuring spacious deck and American flag. - 17
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  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX docked with American flag, rear view. - 19The Image of 2001 Grand Banks Eastbay 38 HX docked with American flag, rear view. - 19
  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX yacht with spacious deck and elegant interior. - 20The Image of 2001 Grand Banks Eastbay 38 HX yacht with spacious deck and elegant interior. - 20
  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX yacht with spacious deck and elegant seating area. - 21The Image of 2001 Grand Banks Eastbay 38 HX yacht with spacious deck and elegant seating area. - 21
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  • Slide: The Image of Open storage compartment on 2001 Grand Banks Eastbay 38 HX boat deck with yellow hose. - 23The Image of Open storage compartment on 2001 Grand Banks Eastbay 38 HX boat deck with yellow hose. - 23
  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX yacht interior with seating, table, and helm chair. - 24The Image of 2001 Grand Banks Eastbay 38 HX yacht interior with seating, table, and helm chair. - 24
  • Slide: The Image of 2001 Grand Banks Eastbay 38 HX helm with wood accents and navigation displays. - 25The Image of 2001 Grand Banks Eastbay 38 HX helm with wood accents and navigation displays. - 25
  • Slide: The Image of Interior of 2001 Grand Banks Eastbay 38 HX yacht with navigation equipment and wooden accents. - 26The Image of Interior of 2001 Grand Banks Eastbay 38 HX yacht with navigation equipment and wooden accents. - 26
  • Slide: The Image of Helm of 2001 Grand Banks Eastbay 38 HX with navigation screens and controls. - 27The Image of Helm of 2001 Grand Banks Eastbay 38 HX with navigation screens and controls. - 27
  • Slide: The Image of Navigation system on 2001 Grand Banks Eastbay 38 HX yacht dashboard. - 28The Image of Navigation system on 2001 Grand Banks Eastbay 38 HX yacht dashboard. - 28
  • Slide: The Image of Wooden navigation chart box on 2001 Grand Banks Eastbay 38 HX boat. - 29The Image of Wooden navigation chart box on 2001 Grand Banks Eastbay 38 HX boat. - 29
  • Slide: The Image of Interior view of 2001 Grand Banks Eastbay 38 HX, showcasing wooden finish and marina background. - 30The Image of Interior view of 2001 Grand Banks Eastbay 38 HX, showcasing wooden finish and marina background. - 30
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  • Slide: The Image of Interior of 2001 Grand Banks Eastbay 38 HX with cozy seating and wooden table. - 32The Image of Interior of 2001 Grand Banks Eastbay 38 HX with cozy seating and wooden table. - 32
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  • Slide: The Image of Luxurious 2001 Grand Banks Eastbay 38 HX yacht kitchen with wood cabinetry and modern appliances. - 36The Image of Luxurious 2001 Grand Banks Eastbay 38 HX yacht kitchen with wood cabinetry and modern appliances. - 36
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  • Slide: The Image of Luxurious wooden galley interior of 2001 Grand Banks Eastbay 38 HX yacht. - 39The Image of Luxurious wooden galley interior of 2001 Grand Banks Eastbay 38 HX yacht. - 39
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  • Slide: The Image of Engine room of 2001 Grand Banks Eastbay 38 HX with Caterpillar engines and ladder access. - 45The Image of Engine room of 2001 Grand Banks Eastbay 38 HX with Caterpillar engines and ladder access. - 45
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2001 Grand Banks Eastbay 38 HX

$265,000

Used

Boat in Stamford, CT 06901 US

builtBuilt in 2001
Year the boat was built
model

Eastbay 38 HX

Boat model
engine

2 Engines (2x Caterpillar)

Engine type and count
length

38 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material

Rare offering - 2001 Eastbay 38 HX Hardtop with extensive upgrades, all of the right options and under 1300 hrs on her twin Cat 3208 435 hp engines!


Engines serviced August 2025 by Boatworks/Wilson Cove including starboard aftercooler, port side water pump.

The robust design work of C. Raymond Hunt and the timeless build quality of Grand Banks are evident in every corner of this boat. She has been lovingly maintained with a long list of upgrades including:

  • All helmdeck varnish stripped and re-applied, Spring 2024

  • New shafts and props, 2022

  • New Simard 12" plotter added in 2022 to existing 2020 plotter (total of two) and radar

  • New extended teak swim platform, Spring 2023

  • New upholstery inside/out and new helm seat, 2021

Don't delay on this excellent opportunity - contact the listing broker to arrange a showing today!

Accommodations:

Warm expansive teak interior highlighted by exceptional joinery work and teak & holly sole. Stainless steel opening ports and large overhead hatches. Sleeps 2 in forward V-berth stateroom and 2 guests on a convertible dinette for a total of 4 berths. U-shaped galley with stove, oven, built-in microwave and refrigerator/freezer. Large head w/shower sump, medicine cabinet, storage cabinets and Vacu-flush waste system.

Other interior features:

  • All interior upholstery new in 2022

  • Air conditioning and reverse cycle heat via generator or shore power

  • Rich teak and dovetail maple drawers, storage cabinets and wall coverings

  • Cedar lined, lighted hanging locker

Nominal Length
38ft
Length Overall
38ft
Length at Waterline
34.42ft
Beam
13.25ft
Max Draft
3.33ft
Drive Up Draft
3.33ft
Displacement
28500lb
Dry Weight
25000lb
Cruising Speed
23kn
Max Speed
28kn
Cabins
1
Heads
1
Fresh Water Tanks
90gal
Fuel Tanks
365gal
Hull Material
fiberglass
Engine 1
Engine Make
Caterpillar
Engine Model
3208 TA
Total Power
435hp
Engine Hours
1295
Engine Type
inboard
Fuel Type
diesel
Engine Year
2001
Drive Type
direct
Engine 2
Engine Make
Caterpillar
Engine Model
3208 TA
Total Power
435hp
Engine Hours
1295
Engine Type
inboard
Fuel Type
diesel
Engine Year
2001
Drive Type
direct
Galley

  • Excellent pantry storage and cabinet space.

  • Princess LPG 3 burner stove w/oven

  • Seaward solenoid control gas shut-off

  • Norcold refrigerator/freezer w/Grand Banks locking teak door

  • Built-in microwave oven

  • In counter deep freezer

  • Twin polished stainless-steel sinks

  • Dry storage in sole lockers

Head

  • Wet head with shower sump

  • Vacu-flush system w/tank watch

  • Macerator

Helm and Aft Cockpit

  • All helmdeck teak professionally sanded and re-varnished, October 2024

  • All helmdeck & cockpit upholstery new in 2022

  • Elegant helm layout with excellent visibility and comfort

  • All weather capability with Eisenglass aft enclosure (2017)

  • New Lebroc helm seat 2022

  • Windshield wiper/washers- port, center & starboard

  • Guest remote control search light

  • L shaped helm level seating w/teak grate table

  • Helm level air conditioning & heat

  • Chart table & storage

  • Center windshield and side windows open for ventilation

  • Two overhead hatches for additional ventilation

  • Spacious aft cockpit with bench seat, three opening lazarettes

  • New extended swim platform in teak (2022) 

  • hot/cold swim shower 

Electronics

  • 2022 Simrad 12” MFD’s (two) with radar

  • Robertson AP-22 Autopilot with newer ram

  • Standard Horizon Matrix VHF radio with hailer

  • Ritchie Power Damp Plus flush mount compass

  • Fusion Stereo with Bose speakers (new in 2021)

Deck & Hull

  • Flag Blue Awlgrip hull with varnished teak toe rail

  • Stainless Steel Pulpit w/Rollers & anchor washdown

  • CQR Plow anchor w/ electric windlass

  • Large port & starboard bow storage lockers

  • Spreader lights (new in 2022)

  • Aft facing cockpit seating

  • Hot & cold transom shower

  • Rod holders

  • New extended teak swim platform w/ladder (2023)

  • Transom door

  • Flag Blue Awlgrip painted hull

Engines and Mechanical

  • Twin inboard 435 HP Caterpillar 3208 TA with 1295 hours each

  • 23 kt cruise, 28 kt WOT

  • Glendenning engine synchronizer

  • Bennett trim tabs

  • VDO instrumentation w/rudder position indicator

  • New shafts and props, 2022

  • PSS dripless shaft seals

  • Westerbeke generator - 721 hours

  • 2 zone MarineAir air conditioning & heat 

  • New hot water heater (2020)

  • Hynautic steering system

  • New freshwater pump 2024

  • Maxwell electric windlass w/foot and helm controls

Electrical

  • Two 8D house batteries, (new in 2022) & 1 generator battery (2019)

  • Westerbeke generator (721 hrs)

  • ProTech 4 50-amp charger/converter

  • 50-amp shore power cord

Safety & Misc.

Docklines, Fenders, USCG Safety Package, etc.

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
10/26/25Price decreased$265,000(-3.6%)
8/26/25Initial price$275,000

2001 Grand Banks Eastbay 38 HX Video Tours

Overview from around the web 2001 Grand Banks Eastbay 38 HX

Customers praise the 2001 Grand Banks Eastbay 38 HX for its classic craftsmanship, spacious and comfortable interior, and reliable performance

Many highlight its solid build quality and seaworthiness, making it ideal for both coastal cruising and longer voyages. Owners appreciate the well-designed pilothouse layout, which offers excellent visibility and protection from the elements. The boat’s efficient use of space and ample storage are often noted, along with its smooth handling and fuel efficiency. Overall, customers value the blend of traditional style and modern functionality that the Eastbay 38 HX delivers.

The Biggest Pros and Cons

The 2001 Grand Banks Eastbay 38 HX is a well-regarded classic trawler known for its blend of traditional craftsmanship and modern performance. Here are some pros and cons to consider:

Pros

Timeless Design: The Eastbay 38 HX features classic styling with teak wood interiors and a solid fiberglass hull, offering both aesthetic appeal and durability.

Comfortable Layout: Spacious accommodations for its size, including a full galley, comfortable salon, and private staterooms, making it ideal for extended cruising.

Efficient Performance: Equipped with reliable twin diesel engines, it offers good fuel efficiency and a cruising speed that balances economy and speed.

Seaworthiness: Known for its stable and safe ride, the hull design handles various sea conditions well, providing confidence for offshore passages.

Well-Equipped Helm: The HX model includes an updated helm station with modern navigation and engine controls, enhancing ease of handling.

Strong Community and Support: Grand Banks has a loyal owner base and good availability of parts and service expertise.

Cons

Maintenance Intensive: The extensive use of teak wood requires regular upkeep to maintain its appearance and prevent deterioration.

Older Electronics: Depending on prior upgrades, some models may have outdated navigation and onboard systems that need modernization.

Limited Headroom: While comfortable, headroom in some interior spaces can be somewhat restrictive for taller individuals.

Fuel Consumption: Although efficient for its size, twin engines will consume more fuel compared to single-engine trawlers, impacting operating costs.

Docking and Maneuverability: The boat’s size and twin-engine setup may require some experience for tight docking situations, especially in crowded marinas.

Made For

The 2001 Grand Banks Eastbay 38 HX is ideal for boating enthusiasts who seek a classic blend of traditional craftsmanship and modern performance. It’s perfect for those who appreciate a comfortable, seaworthy cruiser with timeless styling, suitable for coastal cruising, weekend getaways, and extended voyages. This boat appeals to experienced sailors and motor yacht lovers looking for a reliable and elegant vessel that offers spacious accommodations and excellent handling in various sea conditions.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Grand Banks Eastbay 38 HX. 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
$3,007.67/mo
$
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Loan amount$ 265,000
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Grand Banks Eastbay 38 HX. 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
$3,007.67/mo
$
$
Loan amount$ 265,000
OR
%

Contact Flagship Yacht Sales

500 Rushmore Ave, Mamaroneck, NY, 10543

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Address

500 Rushmore Ave
Mamaroneck, NY 10543

Boat Location

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Contact Flagship Yacht Sales about 2001 Grand Banks Eastbay 38 HX

500 Rushmore Ave, Mamaroneck, NY, 10543

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from Flagship 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.

Contact Flagship Yacht Sales

500 Rushmore Ave, Mamaroneck, NY, 10543

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