FYI Yachts · Yacht for Sale

1969 Grand Banks 42 Classic

42 ft · Oxnard, CA

$44,900

Listed by Peninsula Yacht Sales THIS BOAT IS SUBJECT TO AN EXCLUSIVE LISTING AGREEMENT WITH PENINSULA YACHT SALES (805) 984-8550 AND IS NOT OFFERED FOR SALE BY FYI YACHTS. FYI Yachts is merely providing this information in an effort to represent you as a buyer in the purchase of this vessel.

1969 Grand Banks 42 Classic yacht on calm blue water under clear sky.

Description

Seller forced to sell for health reasons. She has been loved and maintained to a very high standard with lots of extra features. This is a good one.

Stabilized Grand Banks 42's in this condition and price range are incredibly rare and difficult to replicate.

Quality, style, and seaworthiness never go out of fashion. This boat has been constantly upgraded and improved over the years and provides a bright future for her next owners. Inspect this boat and you'll understand why Grand Banks Yachts are the choice of knowledgable cruisers throughout the world.

  • Newer aluminum tanks
  • Stabilized
  • Bottom refastened
  • Fresh Bottom Paint

Specifications

Overview

Asking Price
$44,900
Year
1969
Make
Grand Banks
Model
42 Classic
Condition
Used
Type
Trawlers, Motor Yachts, Flybridge
Hull Material
Wood
Location
Oxnard, CAApproximate area

Dimensions & Weight

LOA
42 ft (12.8 m)
LWL
40.5 ft (12.3 m)
Beam
13.58 ft (4.14 m)
Draft
4.17 ft (1.27 m)
Dry Weight
34,000 lb (15,422 kg)

Engines & Propulsion

Number of Engines
2
Total Power
240 hp
Total Hours
5,000 hrs
Fuel Type
Diesel
Drive Type
Direct
Engines
2× Ford Lehman EconOPower 2715E 6.22L · 120 hp each · 2,500 hrs · Inboard · Direct

Tankage

Fuel
300 gal (1,136 L) · 2 tanks · Aluminum
Fresh Water
250 gal (946 L) · 1 tank
Holding
40 gal (151 L) · 1 tank · Plastic

Accommodations

Cabins
2
Heads
2

Full Details

Accommodations

Equipment List

Electronics
TV set - Sharp 22"
Autopilot - Simrad AP24
Plotter - Furuno GP 1850F
VHF - Icom IC M504
Depthsounder - Datamarine
Compass - Ritchie 5" Spherical
Radio - Bose
GPS - Furuno GP 1850F
Radar - Furuno 48 Mile
Log-speedometer - Signet

Inside Equipment
Hot water - Torrid 10 gal
Oven - Dickinson Mediterranean
Marine head - Sealand Vacuflush
Refrigerator - U-line CO2075FS
Deep freezer
Microwave oven - Sunbeam
Battery charger

Electrical Equipment
Inverter - Xantrex 25 2.5kw
Generator - Northern Lights 5kw
Shore power inlet

Outside Equipment/Extras
Electric windlass

Accommodations

The Grand Banks 42 Classic is regarded by many as the perfect "cruising lifestyle" boat and the semi displacement hull design and a full keel has been proven on waters around the world. The spacious salon provides a comfortable relaxation or entertainment area, with additional dining facilities around the teak yacht table (a Grand Banks trademark). There is a fully equipped galley to port and a complete helm station to starboard. Another known Grand Banks standard is the beautiful teak joinery which they are known for all over the world.

These customary features of quality and dependability combined with reliable electronics and equipment afford you a superior cruising ability without skimping on the comforts you expect from a Grand Banks.

The 'Classic' main salon is open and features a lower helm to starboard followed by a large L-settee and dining table. A straight galley is forward to port and is fully equipped with newer appliances, faucet and countertops. Forward is the 'guest' stateroom with a V-berth, hanging locker and private head with shower. Aft of the salon and down a few steps is the master stateroom with teak built-in hanging lockers and drawer storage. Opposite is a custom fabricated queen sized bed. The head has a Vacuflush toilet and tub with shower.

Galley

  • Sunbeam Microwave Oven
  • Dickinson Mediterranean propane stove & oven
  • U-Line refrigerator with ice maker option/ freezer section
  • Bar with Bottle/Glass Storage
  • Cruising Freezer under settee
  • Sharp LCD TV
  • Bose Stereo System
  • Stainless steel sink
  • Hot & cold pressure water
  • Drawers & cabinets

Deck & Hull

  • Naiad stabilizers
  • Lofrans Tigres electric windlass
  • CQR 45 with 250' 5/16" chain
  • Pipewelders MD -1500 dinghy davit
  • Avon 8 person liferaft
  • Carvel planked 1 1/8" Philippine mahogany hull with teak decks, handrails and cap rails.
  • Frames & beams 1 1/4 x 3" Yacal
  • Mast with spreader lights, radar bracket
  • Teak handrails with bronze stanchions
  • Custom stainless framed Bimini top with Sunbrella cover
  • Handrail, cap rail and window covers
  • Back-to-back Flybridge Seating
  • (3) Deck boxes with cushions on bridge

Electrical System

  • Northern Light 5.0 KW Generator
  • Xantrex 2500 Watt Inverter
  • Lewco Battery Charger
  • (7) 8-D Batteries

Electronics

  • Furuno GP 1850F GPS Chartplotter
  • Furuno 48 Mile Radar
  • Glenndinning engine synchronizer
  • ICOM M-504 VHF radio
  • Simrad AP24 auto-pilot with repeater
  • Northstar 941X GPS chart plotter
  • Icom Command mic on flybridge

Early Grand Banks History

The history of Grand Banks begins with Robert J. Newton, an itinerant engineer and a plant manager for a pineapple cannery, raising two sons on the shores of Oahu, Hawaii. Newton gave his sons John and Whit a great gift: the love of boatbuilding and the sea. As youngsters, the boys helped their dad build everything from small catamarans to 40 foot cruisers for the family's use.

In 1956 Robert and John decided to build boats for a living in Hong Kong, where Robert had established himself with soft drink franchises and a food and beverage distribution business. They started in a little rented space near the airport in the town of Kowloon with one hired hand and an order for a custom 34-foot sport fisherman cruiser. They finished it about six months later at a small profit. Whit Newton joined them almost immediately after that and they established American Marine Ltd., a Hong Kong corporation, with a sublease for $100 a year on 2 acres and 475 feet of waterfront on Junk Bay in the New Territories.

At first American Marine concentrated on custom boats; the Grand Banks we know today did not appear until five years later, when the company commissioned Ken Smith, a Connecticut naval architect. Smith designed the first true Grand Banks, a wooden 36 footer launched in 1963. In 1964, the company ceased building custom boats altogether and put all its energies behind the sturdy, economical cruiser into which Smith had designed all the comforts of home.

The boat the Newtons and Smith created was a relatively new type of production boat, and although its lines were inspired by workboats and its cruising speed was only eight knots, it had a 1100 mile range, exceptional living space for its length, and a price less than $30,000 for the single engine version delivered on the West Coast. Twin engines were an option. Since this was 20 to 50 percent less than similar cruisers built in the United States, The GB 36 was a hit, and American Marine expanded with similar models like the GB32, GB42, GB48, GB50, GB57, and GB62.

Then in 1967 American Marine launched a series of pilot house motor yachts equipped for cruising colder climates. Robert Dorris designed the Alaskan 45, 49, 53 & 55 and Arthur Defever designed the 46 Alaskan. The designs were very popular in the Pacific Northwest.

In 1968 with demand booming and the Kowloon yard bursting at the seams, American Marine signed a long-term lease with the Republic of Singapore on a 13 acre site with 1300 feet of waterfront property. The new facility which virtually doubled American Marine's capacity when it opened in 1969, allowed the company to meet the growing demand and eventually build the GB 32, GB 36, and GB 42 in fiberglass. The larger boats GB 48, GB50, GB 57, GB 62 including the Alaskans continued to be built of wood in Hong Kong.

This particular Forty-Two was Built by American Marine in Hong Kong in 1969 "Grand Plan" hull #83 was constructed of carvel planked Phillippine mahogany on Yacal frames. A total of 352 Forty-Twos were built of wood in Hong Kong from 1966 until 1973. To many the Grand Banks 42's all look alike however to many owners & GB enthusiast they're numbered works of art.

Ford Lehman 6D380

Lehman pioneered the marinization of engines as far back as 1932. By 1980 the Lehman Econ-O-Power trademark was recognized and respected by boat builders and owners throughout the world. For over 50 years, Lehman had been an organization of dedicated boatmen with a keen appreciation of the proper specification and operation of marine power. The compact design of Lehman Econ-O-Power diesels with special monobloc cast iron exhaust manifolds has shell type tubular heat exchangers and coolers for streamlined appearance and long lasting operation. The Lehman Econ-O-Power engine is built using a Ford engine as the "base" unit. Lehman manufactured and provided the "conversion" equipment... those parts that are needed to adapt the Ford engine to marine use. One of Lehmans' most popular diesels, this 380 cubic inch engine is conservatively rated at 120 horsepower at 2500 rpm. This model engine has a long history of thoroughbred performance, beginning in 1958 as the Ford Dagenham diesel. Also contributing to the popularity of this engine are the same high performance, high economy features which characterize all Lehman Power diesel marine engines.
The four cycle design, high compression ratio and overhead valves assure clean burning, odor free combustion. The resulting maximization of fuel economy and dependable performance have established this engine as a "pacesetter" among commercial operators, and a favorite of boaters.
Underlying its rugged performance is its rugged construction...a deep, rigid block. The crankshaft is equipped with large diameter crankpins and main bearings. Four hole injectors are fed by an efficient Simms piston-type fuel injection pump which is driven directly by camshaft gearing. This eliminates the exposed auxiliary drive shaft and couplings that were used in earlier models. Lehman diesel marine engines turn counter-clockwise (viewed from the stern of the boat facing forward). Borg-Warner transmissions offer positive acting, smooth dependable performance under varied loads.

  • Fresh-water cooled exhaust manifold with patented mono-block design allows lower overall engine height. Heavy, cast-iron construction for long life and dependability
  • 12 volt starting motor
  • 55 amp alternators with integral solid state voltage regulator and automatic oil pressure switch (for energizing or disconnecting the system on engine start-up or shut-down).
  • Gear driven raw water pump, constructed of bronze with ball bearings for dependability and longer service life. Rubber impeller for maximum water flow.
  • Flexible fuel supply line prevents fuel supply line from breaking
  • Spin-on, disposable-cartridge oil filter is easily accessible and easy to replace
  • Pressurized cooling system
  • Efficient fresh-water cooling through shell and tube-type, copper heat exchanger- with pencil zincs for corrosion resistance. Horizontally mounted to eliminate sediment build-up, with access covers for quick cleaning. No aluminum to rot or disintegrate.
  • Efficient oil cooling system
  • Flat-type oil sump
  • Secondary fuel filters
  • Racor water separators

Photos (98)

  • 1969 Grand Banks 42 Classic yacht on calm blue waters.
  • 1969 Grand Banks 42 Classic yacht docked at marina, featuring elegant design and spacious deck.
  • Side view of a 1969 Grand Banks 42 Classic yacht docked at a marina.
  • Interior of 1969 Grand Banks 42 Classic yacht with cozy seating and elegant decor.
  • Interior of 1969 Grand Banks 42 Classic yacht with wooden cabinetry and cozy seating area.
  • 1969 Grand Banks 42 Classic yacht interior with wooden helm and navigation equipment.
  • Interior of 1969 Grand Banks 42 Classic yacht with wooden cabinetry and kitchen appliances.
  • Interior of a 1969 Grand Banks 42 Classic yacht with cozy seating and wooden accents.
  • Interior of a 1969 Grand Banks 42 Classic yacht with cozy seating and wooden decor.
  • Interior of a 1969 Grand Banks 42 Classic yacht with wooden furnishings and cozy decor.
  • Interior of a 1969 Grand Banks 42 Classic yacht, featuring wood paneling and cozy seating.
  • Cozy cabin interior of 1969 Grand Banks 42 Classic with life rings and cushions.
  • Bathroom interior of 1969 Grand Banks 42 Classic yacht with wooden cabinetry and white fixtures.
  • Interior of 1969 Grand Banks 42 Classic with wooden cabinetry and nautical decor.
  • 1969 Grand Banks 42 Classic yacht bathroom with wooden cabinetry and sink.
  • Cozy cabin interior of 1969 Grand Banks 42 Classic with bed, wooden storage, and nautical decor.
  • Engine room of 1969 Grand Banks 42 Classic with fuel filter and gauge.
  • Engine of a 1969 Grand Banks 42 Classic boat, showcasing intricate mechanical details.
  • 1969 Grand Banks 42 Classic yacht docked at marina with sailboats in background.
  • Engine room of a 1969 Grand Banks 42 Classic boat, featuring dual engines and maintenance tools.
  • Electrical panel with oil discharge warning on a 1969 Grand Banks 42 Classic boat.
  • Engine room equipment on a 1969 Grand Banks 42 Classic boat, featuring gauges and hoses.
  • Engine room of a 1969 Grand Banks 42 Classic yacht with fuel system components.
  • Engine room of a 1969 Grand Banks 42 Classic boat, showing mechanical components and hoses.
  • Toolbox in front of a Grand Banks 42 Classic engine compartment, 1969 model.
  • 1969 Grand Banks 42 Classic yacht with covered equipment on deck, docked at a marina.
  • 1969 Grand Banks 42 Classic yacht docked at a marina, showcasing its timeless design.
  • Cozy cabin interior of 1969 Grand Banks 42 Classic with colorful bedding and wooden accents.
  • Cozy bedroom with colorful bedding on a 1969 Grand Banks 42 Classic boat.
  • 1969 Grand Banks 42 Classic yacht in dry dock, suspended by a marine travel lift.
  • Wooden hatch entrance to cabin on 1969 Grand Banks 42 Classic boat.
  • 1969 Grand Banks 42 Classic yacht cruising in a marina with two people on deck.
  • 1969 Grand Banks 42 Classic yacht on calm blue sea near rocky coastline.
  • Grand Banks 42 Classic yacht from 1969 on calm blue ocean waters.
  • Grand Banks 42 Classic 1969 yacht on calm sea, rear view with clear blue sky.
  • 1969 Grand Banks 42 Classic yacht illuminated at night in a marina.
  • 1969 Grand Banks 42 Classic yacht docked at marina during sunset.
  • Grand Banks 42 Classic yacht cruising near rocky coastline, clear blue sky and water.
  • 1969 Grand Banks 42 Classic yacht on calm blue sea under clear sky.
  • Grand Banks 42 Classic yacht near rocky coastline, 1969 model, on calm blue water.
  • Interior of 1969 Grand Banks 42 Classic yacht with wooden cabinetry and ocean view.
  • 1969 Grand Banks 42 Classic yacht on calm water under clear blue sky.
  • 1969 Grand Banks 42 Classic yacht on calm water, featuring a spacious deck and canopy.
  • Two people navigating a 1969 Grand Banks 42 Classic boat on calm waters.
  • 1969 Grand Banks 42 Classic yacht cruising with a small boat in tow on open sea.
  • Two people relaxing on a 1969 Grand Banks 42 Classic yacht at a marina.
  • Interior of 1969 Grand Banks 42 Classic with cozy dining area and wooden furnishings.
  • Interior of a 1969 Grand Banks 42 Classic yacht with wooden furnishings and fruit centerpiece.
  • Interior of 1969 Grand Banks 42 Classic yacht with cozy seating and wooden table.
  • 1969 Grand Banks 42 Classic – photo 51
  • 1969 Grand Banks 42 Classic – photo 52
  • 1969 Grand Banks 42 Classic – photo 53
  • 1969 Grand Banks 42 Classic – photo 54
  • 1969 Grand Banks 42 Classic – photo 55
  • 1969 Grand Banks 42 Classic – photo 56
  • 1969 Grand Banks 42 Classic – photo 57
  • 1969 Grand Banks 42 Classic – photo 58
  • 1969 Grand Banks 42 Classic – photo 59
  • 1969 Grand Banks 42 Classic – photo 60
  • 1969 Grand Banks 42 Classic – photo 61
  • 1969 Grand Banks 42 Classic – photo 62
  • 1969 Grand Banks 42 Classic – photo 63
  • 1969 Grand Banks 42 Classic – photo 64
  • 1969 Grand Banks 42 Classic – photo 65
  • 1969 Grand Banks 42 Classic – photo 66
  • 1969 Grand Banks 42 Classic – photo 67
  • 1969 Grand Banks 42 Classic – photo 68
  • 1969 Grand Banks 42 Classic – photo 69
  • 1969 Grand Banks 42 Classic – photo 70
  • 1969 Grand Banks 42 Classic – photo 71
  • 1969 Grand Banks 42 Classic – photo 72
  • 1969 Grand Banks 42 Classic – photo 73
  • 1969 Grand Banks 42 Classic – photo 74
  • 1969 Grand Banks 42 Classic – photo 75
  • 1969 Grand Banks 42 Classic – photo 76
  • 1969 Grand Banks 42 Classic – photo 77
  • 1969 Grand Banks 42 Classic – photo 78
  • 1969 Grand Banks 42 Classic – photo 79
  • 1969 Grand Banks 42 Classic – photo 80
  • 1969 Grand Banks 42 Classic – photo 81
  • 1969 Grand Banks 42 Classic – photo 82
  • 1969 Grand Banks 42 Classic – photo 83
  • 1969 Grand Banks 42 Classic – photo 84
  • 1969 Grand Banks 42 Classic – photo 85
  • 1969 Grand Banks 42 Classic – photo 86
  • 1969 Grand Banks 42 Classic – photo 87
  • 1969 Grand Banks 42 Classic – photo 88
  • 1969 Grand Banks 42 Classic – photo 89
  • 1969 Grand Banks 42 Classic – photo 90
  • 1969 Grand Banks 42 Classic – photo 91
  • 1969 Grand Banks 42 Classic yacht on dry dock, showcasing its red hull and classic design.
  • 1969 Grand Banks 42 Classic yacht on stands, showcasing red hull and white upper structure.
  • 1969 Grand Banks 42 Classic yacht on dry dock, showcasing its elegant design and red hull.
  • 1969 Grand Banks 42 Classic yacht on dry dock under cloudy sky.
  • Bottom view of a 1969 Grand Banks 42 Classic boat on dry dock, showing propeller and hull.
  • Grand Banks 42 Classic 1969 yacht on a Marine Travelift at a boatyard.
  • 1969 Grand Banks 42 Classic yacht on a boat lift under cloudy skies.

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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.