1988 Grand Banks

42 Classic

$198,000 or
$1,802/month
Based on 20% down over 144 months
For Sale 1988 Grand Banks 42 Classic
For Sale 1988 Grand Banks 42 Classic
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Description

LOCATION: Lake Union, WA

1988 Grand Banks 42 Classic "Ottelia" CLEAN TITLE ENGINE HOURS: ~7,150 HOURS ENGINES: Twin Ford Lehman SP135 Diesels (2 x 135 HP) GENERATOR HOURS: ~5,250 HOURS (Westerbeke 8 kW) HULL MATERIAL: Fiberglass with Cork Decking

FEATURES AND UPGRADES

Massive Electrical Overhaul (2024):

House Battery Bank: 800AH Lithium Iron Phosphate (LiFePO4) EG4 Batteries with internal BMS and fire suppression.

Solar: 875 Watts (5 New Panels, 2024) with Victron MPPT Charge Controllers.

Inverter/Management: Victron MultiPlus 3000VA Inverter/Charger, Victron Cerbo GX with Touch 50 Display, and Victron AC to DC charge controller.

Galley & Interior:

Cooktop: New 2025 Dual-Fuel Cooktop (Induction and Propane).

Refrigeration: 2 Stainless Steel Refrigerator Drawers (New 2024) and an Ultra-Efficient Top-Loading Freezer (3 cu. ft.).

Appliances: Toshiba Microwave/Convection/Air Fryer Oven (New 2025) and a Washing Machine hidden behind a teak door.

Accommodations: Master Cabin with Walk-In Shower and Split Berths (Full/Extra-Long Twin); Forward Guest Cabin with V-Berth.

Navigation & Electronics:

Garmin Suite: GPSMAP 1243xsv Chartplotter and Garmin Phantom Radar (New 2022).

Autopilot: Autohelm Raymarine ST6000+ (Upper and Lower Helms).

Helm: Custom Safety Monitoring System, Standard Horizon VHF, Danforth Compass.

Deck & Exterior:

Decks: New Cork Decks (Seacork) installed in 2023 (Teak removed, screw holes filled, gelcoat applied)—superior insulation and nonskid.

Anchoring: New Rocna 55lb Anchor with 300' Chain, Lofrens Tigres Windlass.

Amenities: Stainless Steel Magma Grill, Teak Swim Platform with New Stainless Steel Ladder (2024), Flybridge Bimini.

Mechanical & Systems:

Water Makers: 2x Village Marine Tec Units (25 gph and 3 gph).

Climate: 2 Marine Air Reverse Cycle Heat/AC Units.

Sanitation: Vacuflush Master Head, New 2024 Dometic MasterFlush Forward Head.

Fuel: Extra 90-Gallon Aluminum Fuel Tank with Transfer Pump.

CONDITION "Ottelia" is a standout example of the legendary Grand Banks 42 Classic, benefitting from covered moorage on Lake Union and an extensive list of modern upgrades. She has been recently surveyed and is ready for extended cruising immediately. The exterior maintenance is highlighted by a major 2023 refit replacing the old teak decks with premium Seacork decking. Mechanically, the dependable Ford Lehman SP135s are well-maintained, supported by a custom monitoring system and Reverso oil changer. The most impressive update is the massive 800AH Lithium battery bank and solar array, allowing for true off-grid comfort with modern appliances like induction cooking and refrigeration running seamlessly.

HERE IS YOUR CHANCE TO OWN A MODERNIZED, TURN-KEY GRAND BANKS 42 CLASSIC WITH INDUSTRY-LEADING OFF-GRID CAPABILITIES!

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Specifications

Stock #
4762 B
Hours
7,148
Location
Lake Union, WA, United States
Engine
Lehman SP135
Exterior
White

Testimonials

GREAT people.

Great people to deal with. Sold them my 73 Mercedes and it was a very smooth transaction. Very quick payment. I buy And sell many cars each year and will definitely be looking Nick up to buy in the future. 

Brad Zeman image

I bought a 73 Jaguar E-Type from them, amazing car. 

They are such a easy people to make a business with! I bought a 73 Jaguar E-Type from them, amazing car. Thanks guys!

Howard Cooper  image

1966 Pontiac GTO 

This seller has a huge & impressive inventory. Nick showed me the vehicle I bought and I found he's not your typical car salesman. He's very knowledgeable and was a pleasure to deal with. The day I picked up my car I got a glimpse of where they detail and service their vehicles. I saw the time and effort they put into their inventory. I don't normally leave reviews; but, I was so pleased with my experience I felt I needed to.

James Bates image

 If there was 10 stars I'd give them a 10. 

I've dealt with many people & have quite a few cars. Dealing with Vintage from start to the end of the deal was excellent.  The communication is great. They have such a great selection of cars there and everything about them is so professional. I even mentioned they have a VW Microbus that if they fix a little they can get double the $$$ but they don't do that & they have some gems. I love the place & I totally trust them with any deal.

A. Z.  image