FYI Yachts · Yacht for Sale

2002 Grand Banks 46 Classic

47 ft · Seattle, WA

$475,000

FYI Yachts is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Oaksmith Yachts.

Grand Banks 46 Classic yacht cruising on blue water near a scenic shoreline, 2002 model.

Description

ARCTIC STAR — 2002 Grand Banks 46 Classic

Arctic Star is an exceptionally well-kept Grand Banks 46 Classic, the Ken Smith–designed two-stateroom trawler that defined Pacific Northwest cruising. Under her current ownership she has had roughly $220,000 in refinishing, upgrades and preventative maintenance, and a 2026 NAMS condition and valuation survey rated her in very good, above-average condition with no priority findings. The survey punch list has been worked through.

She is made for spending an entire summer aboard. Arctic Star has made the trip to Alaska several times, and everything a long season calls for is already here: two private staterooms with ensuite heads, a washer and dryer, a watermaker, diesel heat and air conditioning, stabilizers for the open-water stretches, and Starlink to stay connected from remote anchorages. She comes turnkey ready. Provision her and go.

She is powered by twin 420 HP Caterpillar 3126 diesels with Twin Disc transmissions and Aquadrive couplings, backed by a 12 kW Northern Lights generator. Naiad hydraulic fin stabilizers, a Sidepower bow thruster and Bennett trim tabs make her easy to run in any conditions. Navigation is a current Garmin suite: GPSMAP 8612xsv plus two 8616 displays, Fantom 24 radar, GHC20 autopilot, AIS and Icom VHF, with two new Starlink systems for connectivity anywhere, plus new handheld VHFs and a set of crew communication headsets.

Below, the classic Grand Banks layout gives two private staterooms, each with an ensuite head. The forward V-berth stateroom shares its head with a stall shower, washer and dryer. The aft stateroom has an island double berth, separate head and shower compartments, and a companionway to the cockpit. The raised salon has large windows, port and starboard side doors, a lower helm, an L-shaped lounge with drop-leaf table, buffet with icemaker, breakfast bar and entertainment center. The U-shaped galley carries a Force 10 stove, microwave, cold-plate refrigeration and new galley gear, with a teak guard panel at the galley steps. Comfort systems include a three-zone Webasto diesel hydronic furnace, new 110V King heaters in both staterooms, Marine Air reverse-cycle air conditioning with a new control panel, an FCI watermaker, dimmable interior lighting, and new interior and exterior cushions, canvas and blinds (2024).

The flying bridge has a forward helm with back-to-back seating and an aft L-shaped settee. The mast and crane have been refurbished. On deck: teak-overlay decks, a Lofrans Tigres windlass with a new, upsized 88 lb stainless Delta anchor and 300' of new chain, a genuine forged 66 lb Bruce spare (re-galvanized), and a Highfield SP330 tender with a Tohatsu 30 and a planing plate added for better performance. Two 10' Delta kayaks with racks are included.

Recent work includes extensive exterior varnish including the entry doors, window repairs, new starter batteries for mains, generator and thruster (December 2025), a new hot water tank, new icemaker and hoses, LED lighting, and main-engine, generator and stabilizer service. Safety gear includes a six-person Zodiac liferaft, EPIRB, Lifesling, and a Fireboy engine-room system with current fire extinguishers (March 2026).

Lying Seattle, Washington, at the Oaksmith Yachts docks on Portage Bay. USCG documented. LLC Owned.

Specifications

Overview

Asking Price
$475,000
Year
2002
Make
Grand Banks
Model
46 Classic
Condition
Used
Type
Cruisers, Motor Yachts, Aft Cabin
Hull Material
Fiberglass
Location
Seattle, WAApproximate area

Dimensions & Weight

LOA
47.08 ft (14.3 m)
Beam
14.75 ft (4.5 m)
Draft
4.42 ft (1.35 m)
Displacement
39,000 lb (17,690 kg)

Engines & Propulsion

Number of Engines
2
Total Power
840 hp
Total Hours
13,600 hrs
Fuel Type
Diesel
Drive Type
Direct
Engines
2× Caterpillar 3126 · 420 hp each · 6,800 hrs · 2002 · Inboard · Direct

Tankage

Fuel
600 gal (2,271 L) · 2 tanks
Fresh Water
290 gal (1,098 L) · 2 tanks

Accommodations

Cabins
2

Equipment & Systems

Windlass
Electric

Photos (35)

  • Salon — teak interior, new 2024 cushions
  • L-shaped settee, wraparound windows
  • Flybridge — helm and bench seating
  • Flybridge helm and electronics
  • 2002 Grand Banks 46 Classic yacht cruising on a scenic blue lake with lush shoreline.
  • Grand Banks 46 Classic yacht cruising on a scenic lake, 2002 model.
  • Grand Banks 46 Classic yacht cruising on blue water near a forested shoreline.
  • 2002 Grand Banks 46 Classic yacht cruising on a scenic blue lake with forested shoreline.
  • Grand Banks 46 Classic yacht, 2002 model, cruising on deep blue ocean waters.
  • Luxurious 2002 Grand Banks 46 Classic yacht interior with wooden finishes and blue-striped bedding.
  • Shower area in 2002 Grand Banks 46 Classic yacht with wooden trim and window.
  • Luxurious wooden bathroom interior on 2002 Grand Banks 46 Classic yacht.
  • Luxurious wooden bathroom interior on a 2002 Grand Banks 46 Classic yacht.
  • Luxurious 2002 Grand Banks 46 Classic yacht bedroom with wood accents and blue bedding.
  • Luxurious cabin interior of 2002 Grand Banks 46 Classic yacht with striped bedding.
  • Luxurious wooden interior of 2002 Grand Banks 46 Classic yacht kitchen.
  • Luxurious bathroom interior of 2002 Grand Banks 46 Classic yacht with wooden accents.
  • Laundry area with washer and dryer in 2002 Grand Banks 46 Classic yacht.
  • Shower area in 2002 Grand Banks 46 Classic yacht with wooden accents and modern fixtures.
  • Cozy cabin interior of 2002 Grand Banks 46 Classic yacht with starfish-themed bedding.
  • Interior of 2002 Grand Banks 46 Classic yacht with cozy twin and double beds.
  • Interior of 2002 Grand Banks 46 Classic yacht with cozy wooden cabin and bedding.
  • Grand Banks 46 Classic 2002 yacht helm with wooden finish and navigation equipment.
  • Luxurious interior of 2002 Grand Banks 46 Classic yacht with panoramic windows and elegant wood finish.
  • Interior of 2002 Grand Banks 46 Classic yacht, featuring wooden cabinetry and flooring.
  • Luxurious 2002 Grand Banks 46 Classic yacht interior with striped seating, cruising on open water.
  • Grand Banks 46 Classic yacht deck with seating, cruising on a sunny day, 2002 model.
  • Engine room of 2002 Grand Banks 46 Classic yacht, featuring dual engines and wooden flooring.
  • Engine room of 2002 Grand Banks 46 Classic yacht, showcasing detailed machinery and components.
  • Engine room of 2002 Grand Banks 46 Classic yacht, showcasing detailed machinery and components.
  • Engine room of 2002 Grand Banks 46 Classic yacht, showcasing dual engines and mechanical components.
  • Engine room of 2002 Grand Banks 46 Classic yacht, featuring complex machinery and wiring.
  • Electrical system of a 2002 Grand Banks 46 Classic yacht, showcasing wiring and components.
  • Engine room of 2002 Grand Banks 46 Classic yacht, showcasing machinery and equipment.

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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.