Used

1992 Grand Banks 42 Classic

"LIZZIE"

$275,000 USD
Newport, RI, US

Key Specifications

Length42'
Beam14.08'
Draft4.17'
LWL40.75'
Bridge Clearance22'
Year1992
CategoryTrawlers, Downeast, Express Cruiser
TypePower
Hull MaterialFiberglass
Fuel Typediesel
Cruise Speed9 kts
Max Speed17 kts
Range575.39 nm
Hull IDGNDD1217G192

Weight & Displacement

Dry Weight34,000 lbs

Accommodation

Cabins2
Heads2

Tankage

Fuel Capacity300 gal
Water Capacity130 gal
Holding Tank50 gal

Description

The Grand Banks 42’ Classic has long been a benchmark for traditional cruising yachts, known for her timeless profile, practical layout, and comfortable accommodations. With two staterooms, two heads, upper and lower helm stations, full walk-around decks, and a full-beam aft master, the 42 Classic remains equally well suited for extended cruising or simply enjoying comfortable time aboard. 

LIZZIE’S owner has maintained and upgraded the boat with an open-checkbook approach and the expectation of long-term use, investing extensively in her systems, equipment, cosmetics, and upkeep. Many of the recent improvements were undertaken with no intention of selling, with equal attention given to her mechanical systems and overall appearance. 

Highlights Include:

  • Seasonally used in New England with heated indoor off-season storage under current ownership 

  • Full beam aft master with centerline island berth

  • Updated teak decks, Naiad stabilizers, and a new 10KW Fischer Panda genset

  • Twin CAT 300 HP 3116TA diesels with 2,900 original hours, controlled by Glendinning electronic throttles with ProPilot Joystick

  • Complete Raymarine electronics suite at upper and lower helms (2024)

Showings available by appointment. Please see details below for full specifications, or contact the listing broker for further information.

CONSTRUCTION, HULL & DECK

CONSTRUCTION, HULL & DECK:

Hull No. 1217 built by American Marine Ltd. at its Singapore facility.  The 42’ Classic is constructed with a hand-laid fiberglass hull using alternating layers of FRP woven roving and mat. The underbody incorporates an integral full-length keel, with internal structure provided by FRP stringers formed around closed-cell foam and bonded to the hull. The keel extends below the propellers and running gear. The deckhouse and flybridge are FRP construction, with teak decking installed over the deck structures. 

Hull: Pure White Awlgrip

Bootstripe: Navy Blue (Painted, 2026)

Decks: Teak with black caulk lines (NEW DECKS, 2017)

Bottom: Green Anti-Fouling

  • S/S mooring cleats with S/S bulwark hawse pipes and chafe plates

  • S/S stanchion bases with varnished teak cap rails

  • Exterior varnish stripped and refinished with two coats applied annually 

  • (3) boarding gate entrances on deck rails with locking mechanisms and catches

  • S/S Grand Banks plaques at boarding gates

  • Teak swim platform

  • S/S swim ladder with teak steps - removable

  • Varnished teak flagstaff with US ensign and S/S transom staff socket

  • Varnished teak name and hailport boards

  • Teak-trimmed transom shower compartment with hot and cold Brocon mixing taps - S/S shower head and hose

  • S/S aft scupper grates

  • S/S transom light 

  • (2) sets of Hubbell 50A shore power and TV inlets - transom and foredeck

  • Glendinning 75’ shore power cablemaster (NEW, 2023)

  • Solid teak grates in aft lazarettes 

  • (6) Navy docklines 

  • Fenders in MainePoint fleece socks

  • Aft companionway with varnished opening doors and sliding overhead hatch (Rebuilt, 2024)

  • Teak tender chocks on S/S arms - coachroof 

  • Teak OB motor skeg protection plate

  • Aluminum mast and boom on tabernacle fitting (Painted, 2026)

  • S/S wired standing rigging with bronze turnbuckles

  • Ship's bell on mast 

  • Lewmar 30ST winch serving the mast and boom via Harken cars and Spinlock line clutches with new halyards

  • Custom tie-downs spliced with Camcleat Trapeze adjusters

  • Custom varnished teak boat hook with dedicated storage

  • Full-sized walkaround teak side decks with additional sets of midship deck drains added for improved drainage

  • LoFrans Tigress windlass with Ideal foot switches and helm control

  • Double S/S anchor rollers

  • CQR 45lb anchor with all galvanized chain 

  • Fortress FX23 G30 galvanized chain and nylon rode

  • Foredeck washdown spigot

  • Foredeck storage box with S/S protection rail

  • S/S foredeck handrails 

  • Single deck hatch

  • S/S burgee socket with varnished staff on bow pulpit

  • Canvas: Aft companionway entrance cover, Large window and windshield covers

FLYBRIDGE

  • Teak footsteps

  • Teak flybridge deck

  • Solid S/S handrail pulpits lead to the flybridge deck

  • (2) fixed teak-topped storage boxes to port and starboard

  • Fore and aft companionway settee seating with white upholstered cushions and backrests

  • Storage compartments in settee centers and beneath 

  • Molded fiberglass helm console with varnished teak trim

  • Hinged clear chart surface at portside helm

  • USCG lifering with bracket (NEW)

  • (2) Flexible solar panels lay flat on flybridge deck 

  • Movable teak chair with navy cushions

  • Canvas: Aft flybridge dodger sides, full helm cover, quick setup/ takedown Bimini with covering storage boot, and attachable sunshade for the aft flybridge deck

FLYBRIDGE HELM

  • Sliding door storage under helm console

  • Custom varnished teak centerline instrument panel

  • Traditional Grand Banks varnished teak wheel with S/S outer rim 

  • Boat Leveler Co. trim tab controls

  • VDO gauges

  • Lexan warning light panel with windlass control 

  • Naiad Dynamics Multisea II roll stabilizer control

  • Glenndening dual-lever electronic throttle control (NEW, 2024)

  • Glenndening ProPilot Joystick (NEW, 2024)

  • Lewmar variable speed bow thruster control (NEW, 2024)

  • Raymarine Axiom Pro 12” MFD, chartplotter, radar and AIS  (NEW, 2024)

  • Raymarine Quantum 2 18” radar dome on mast - no decals (NEW, 2024)

  • Simrad VHFwith DSC (NEW, 2024)

  • Simrad AP25 autopilot

  • Raymarine MN100-2 Wind TackTick

  • DataMarine Corinthan II depth and speed

  • Danforth Constellation compass

  • (2) Shakespeare 53303 Galaxy antennas 

  • Glomex TV antenna

  • Starlink Mini on dedicated S/S post (NEW, 2024)

INTERIOR

AFT MASTER STATEROOM:

  • Full-beam aft master stateroom 

  • Centerline island double berth 

  • Fitted sheets and bedspreads

  • Fixed nightstands with lamps

  • Teak cabinetry and joinery

  • Drawer built-ins to port and starboard

  • Reading lights at berth

  • Large opening glass windows with curtains (Tracks reworked, 2025)

  • 120V outlets

  • Aft deck access via ladder (not pictured)

  • Teak parquet sole

AFT HEAD & SHOWER:

  • Private head with separate shower stall

  • VacuFlush head with tank gauge 

  • Toilet paper holder

  • Drawer storage 

  • Cabinet storage 

  • Vanity with sink and mirror 

  • S/S shower mixing taps and hose

  • Curtain on rod enclosure

  • Wet storage 

  • Teak grate floor in shower

MAIN SALON: 

  • L-shaped settee to starboard 

  • Cabinets beneath settees

  • Entertainment console 

  • Bar console with opening top, liquor bottle and drawer storage 

  • Raritan Icerette ice maker (NEW, 2025)

  • Fixed shorter settee to port

  • Midship access door with step

  • Hinged leaf table with movable chair

  • Grand Banks S/S light fixtures

  • Hunter Douglas shades throughout boat 

  • Cove lighting under blinds (NEW, 2024)

  • White Ultra Leather upholstery 

  • Area rugs

  • Teak parquet sole 

  • Overhead handrails

  • Glass windows on sliding tracks (Tracks reworked, 2025)

GALLEY: 

  • Linear galley to starboard 

  • Large S/S single basin sink with high neck faucet

  • Galley outlet 

  • Pull drawer and cabinet storage

  • Dry good and pan storage

  • Half-length mirror 

  • Princess gimbal-mounted propane stove with oven

  • Overhead ventilation 

  • Panasonic S/S SD372S inverter microwave

  • 12V SeaFrost refrigeration with Teddington temperature gauge (2022)

LOWER HELM:

  • Helm access door with step

  • Storage beneath helm tops

  • Grand Banks traditional varnished teak wheel

  • Perko rotary switches 

  • Acrylic distribution and selection panels (NEW, 2023)

  • VDO gauges

  • Windshield wiper control

  • Boat Leveler Co. trim tab control

  • Danforth constellation compass 

  • Fireboy suppression system indicator 

  • Smart bilge monitor 

  • Naiad roll stabilizer control sensitivity panel with alarms 

  • DataMarine International Offshore LCD depth with alarm - overhead

  • DataMarine Navigator speed log 3200 - overhead

  • Fischer Panda digital generator controls (NEW, 2023)

  • Lewmar variable speed bow thruster control (NEW, 2024) 

  • ICOM M120 VHF

  • Simrad AP autopilot - overhead

  • Raymarine Axiom Pro 9” MFD, chartplotter, radar and AIS (NEW, 2024)

FORWARD GUESTROOM:

  • V-berth arrangement with filler cushion 

  • Teak hull side planking and joinery

  • Teak parquet sole

  • Built-in drawer and cabinet storage beneath berths 

  • Teak storage shelves along port and starboard hull sides

  • Full-width teak storage shelf forward

  • Hanging locker

  • Opening hatch with screen 

  • Dual 12V fans

  • Reading lights

  • Private access to forward head

FORWARD HEAD:

  • VacuFlush toilet

  • Molded vanity with sink 

  • Large vanity mirror

  • Handheld shower with wall-mounted slide bar

  • Teak shower floor grate

  • Sliding window for light and ventilation 

  • S/S shower curtain track

  • 120V outlet

  • Sanitation hoses and associated plumbing recently replaced

ELECTRICAL & PLUMBING SYSTEMS

  • 12V DC and 110/120V AC electrical systems

  • Polarity indication 

  • 50 AMP Glendinning 75’ shore power cord reel system 

  • House and engine start batteries (ALL NEW, 2026)

  • Victron Energy Multiplus II 3000W inverter (NEW, 2024)

  • True Charge 40+ battery charger (NEW, 2024)

  • Victron Energy GX touch screen monitor - lower helm

  • Solar controller with (2) flex panels on flybridge

  • Galvanic isolator

  • Everbilt propane tank with gauge for stove 

  • Raritan 20-gallon 1700 series hot water heater

  • AquaPure 3MFF101 water filter

  • (3) MarineAir reverse-cycle air conditioning/ heat units

  • VacuFlush head system with new hoses and pipe (2026)

  • Macerator/ overboard discharge pump

  • Freshwater pumps

MECHANICAL

  • Twin (2) Caterpillar 300 HP 3116 TA 6.6L diesel engines with 2,900 original hours

  • Twin Disc 2:47:1 reduction gears

  • 2” S/S shafts with conventional packed stuffing boxes (Repacked, 2023)

  • (2) 28 x 27 four-blade bronze propellers

  • Fischer Panda 10KW generator with 230 hours in soundshield - digital controls (NEW, 2023)

  • Instatrim trim tabs 

  • Blowers with ventilation on housetop sides

  • Fireboy 1301 suppression system

  • Reverso oil change system

  • Racor 900 turbine filters

  • Groco A26 100 bronze strainers

  • Outlet in machinery space

  • Siren Marine engine room temperature sensor

TANKS & ECONOMY

  • Tank Tender monitoring gauges 

  • (2) 300-gallon aluminum diesel tanks (Replaced before 2010)

  • Grand Banks fuel manifold supply and return for mains and generator 

  • (2) 130-gallon painted aluminum water tanks (NEW, 2024)

  • (1)50-gallon waste holding tank serving both heads

  • Cruise: Approx. 10 knots @1,800 RPM burning 8-10 GPH combined 

EXCLUSIONS

  • Zodiac dinghy and Yamaha outboard motor pictured do not convey with the yacht's sale.

  • Any tools, clothing, gear, artwork, or other personal items seen aboard or depicted in photographs are at the Seller’s discretion. 

Engines

Catepillar 3116 TA 6.6L
Inboard
Power300 HP
Fueldiesel
Year1992
Hours2,900
DriveDirect
LocationPort
Caterpillar 3116 TA 6.6L
Inboard
Power300 HP
Fueldiesel
Year1992
Hours2,900
DriveDirect
LocationStarboard

Contact Broker

Chris Carney, CPYB
Yacht Broker