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1985 Grand Banks (Hull # 743)

Rockland, Maine


ESPERANCE is a very clean example of a rarely-listed New England Grand Banks 32, which shows very little signs of wear. Her interior is nearly original with Grand Banks beige upholstery, curtains, and interior brightwork. Her exterior teak shows well as she has covers for most of the varnished rails. Extras include a radar, autopilot, bow thruster, and windlass.


Basic Boat Info

Make: Grand Banks
Model: (Hull # 743)
Year: 1985
Condition: Used
Category: Power
Builder: American Marine,Ltd, Singapore
Designer: Kenneth Smith
Construction: Fiberglass


Length: 32 ft
Length Overall: 32 ft
Waterline Length: 30'9 ft
Beam: 11'6 ft
Max Draft: 3'9 ft
Displacement: 17,000 lb

Engines / Speed

Engines: 1
  • Make: Ford Lehman
  • Fuel: Diesel
  • Engine Power: 135hp


Heads Count: 1
Boat Class: Sports Fishing Boats, Trawlers


Annie Gray
Gray & Gray Yacht Brokers, Inc.


Gray & Gray Yachts
36 York Street
York, Maine, US, 03909



ESPERANCE is one of the finest examples of the venerable Grand Banks 32. She has been professionally upgraded by her current owner with such features as Garmin Chartplotter with radar and transom door. Her brightwork gleams with five coats of newly-applied varnish. Her interior is Grand-Banks-original in very good condition. Meticulous maintenance is evident throughout. She spent all but six months of her life on fresh-water Lake Michigan.



  • Hand laid up fiberglass hull.

  • White hull, boottop and bottom.

  • Teak decks over fiberglass (good condition).

  • Cetol teak rails and trim (5 coats; wooded and refinished 2021).

  • Canvas covers for most of the caprails.

  • Vetus bow thruster.



Fuel: 250 gallons.

Water: 110 gallons (needs tank replacement).

Holding: 30 gallons with macerator pump and y-valve.



The engine room and machinery space is located directly below the salon and easily accessed with three lift-up hatches. This clean and tidy space provides access to all systems and the fuel tanks. Features



  • 1985 Ford Lehman 135 hp diesel, 6 cylinder, FWC, with approximately 2520 hours on the hour meter.

  • Approximately 2,520 hours on hour meter.

  • Borg Warner 2.47:1 Velvet Drive transmission.

  • S/S shaft.

  • Water lift muffler.

  • Morse throttle control.

  • 2020 Spur cutters.

  • 4 bladed bronze prop.

  • Cruising speed: 7.5 knots @ 1700 RPM @ 1.5 gph.
  • Maximum speed: 8.5 knots @ 2200 RPM.



The electrical system on Esperance provides a trouble-free, reliable system when underway and at anchor. Features include:


  • 12V DC/110V AC systems.

  • Two 4D 12V batteries (new 2020) with battery condition indicator.

  • Entec generator with 745 hours (owner replacing water pump prior to sale).

  • Marine air conditioning and reverse cycle heat (sold AS IS); owner doesn’t use.

  • Sentry 40 amp battery charger.

  • Dockside cables.



Enter the salon from the hinged cockpit door and you will appreciate the fine condition of the teak parquet flooring and the teak trim and cabinetry. The salon design offers a comfortable salon aft with the galley forward to port and lower helm station forward to starboard. All salon windows open and have new screening (2020). The salon features include:


  • Convertible settee that pulls out to make a double berth.

  • Settee to starboard with dining table.

  • Table features built-in storage and folding leaves.

  • Storage under both settees.

  • Upper cabinet forward on port side separates galley.

  • Lower cabinet forward on starboard side with drawers.

  • Overhead lighting with brass reading lamps.

  • Teak overhead grab rail.

  • Trident brass clock and barometer.

  • USB charging ports and other 12 volt outlets.

  • All berth cushions are covered in Grand Banks beige and in very good condition.



Located forward to port, the galley offers comfortable work space and plenty of cabinetry for the on-board chef. Features include:


  • Technicold Rich Beers Marine Inc. 110V refrigerator/freezer.

  • Princess Seaward three burner propane stove and oven.

  • Overhead electric exhaust vent.

  • Microwave and toaster.

  • Stainless steel sink with hot and cold water.

  • Upper storage cabinet aft plus storage cabinet forward.




The forward stateroom is accessed down the companionway forward. Features include:


  • Teak door and hatch for complete privacy forward.

  • Forward V-berth with filler panel to create large double sleeping area.

  • Fitted sheets.

  • Large hanging locker to port and drawers under berth.

  • Overhead hatch plus sliding windows, all screened.

  • Overhead lights plus brass reading lights.



The head is located forward to starboard with easy access from the stateroom. Some of the features include:


  • Vanity with stainless steel sink fitted for hot and cold water.

  • Telephone-type shower.

  • Shower curtain on overhead stainless steel rail.

  • Overhead lighting.

  • Generous built-in storage.

  • Seawater head equipped with macerator and pump to 30 gal. storage tank.



Lower Helm:

The lower helm is situated forward to the starboard and features a built-in helm chair with storage underneath. Some of the features include:


  • 2019 Garmin MPXSV color GPS/plotter, depth sounder, GPS speed/direction indicator, and radar.

  • Autohelm ST 6000 autopilot.

  • 2002 Standard Horizon Intrepid VHF and older Standard Horizon VHF.

  • Datamarine Sandpiper depth, speed-log.

  • 5” Danforth compass.

  • Vizio TV with TV antenna.

  • Optimus AM/FM/Cassette stereo with Sony 12 CD changer.

  • Two speakers in salon and one in cockpit.

  • Bow thruster contro.l

  • Circuit breaker panel switches for all systems within easy reach of helm chair.

  • Furnace control and thermostat in aft salon with gauges for temperature, humidity and barometric pressure.

  • Windshield wipers on all three lower helm windscreens.


Upper Helm:

  • Datamarine speed and depth on flybridge.

  • Danforth compass.

  • Separate stereo with speakers on flybridge.

  • Has WiFi, can use IPad with Garmin below to get GPS (IPad not included)..



The classic Grand Banks 32 sedan has a spacious flybridge with seating for four adults. Features in this are include:


  • Teak decking and varnished teak trim.

  • Varnished teak ladder.

  • Stainless steel rails surround entire flybridge.

  • Maroon bimini with boot that covers cockpit controls and vinyl seating areas.

  • Canvas that covers the sides and aft areas.

  • Fore and aft seating to port and starboard with storage.

  • Forward helm with windshield.

  • Full helm station with engine controls and electronics as noted previously.

  • Large storage built-in under helm station.



  • Lofrans Royal "manual" windlass.
  • S/S bow pulpit with rails and anchor platform and roller.

  • 22 lb. Plow anchor with 50’ chain and 150’ rode.

  • Additional 22 lb. Danforth anchor.

  • Maroon rail covers.

  • Two Hamilton Marine folding Pompanette-type chairs for cockpit.

  • Ensign and staff and bow flag staff.

  • Flares, electric horn.

  • Electric and manual bilge pumps.

  • Seaward propane/solenoid shut-off.

  • Textaline covers for salon windows.

  • Custom teak cockpit Igloo with drain port.

  • Saltwater washdown in bow; fresh water washdown in cockpit (sold AS IS).

  • Spreader lights on mast.

  • Hot and cold cockpit shower (no water).

  • New screens for sliding salon windows (2020).

  • 3 windshield wipers.

  • Rod holder.

  • Life jackets, handheld spotlight.

  • 2 LPG tanks with Coast Guard fittings.

  • Navigation lights.

  • Fenders, docklines.

  • Teak side nameboards.

  • Grand Banks beige curtains.

  • Bilge blower.

  • Trident brass clock.

  • Fitted sheets forward.

  • Domestic alcohol non-pressurized two burner stove.

  • 2 LifeRings, one with throw rope.

  • 9’ Boston Whaler with oars, year unknown and 2.2 hp Honda 4-stroke outboard.

  • 8’6” Avon roll-up inflatable with oars and insertable hard floor, year unknown.

  • Fire extinguishers.

  • Complete file of manufacturers’ manuals for original and aftermarket systems and equipment.



The following is a partial list of upgrades and maintenance addressed in the past three years:


  • All systems inspected and serviced twice annually (Spring and Fall) by professional marina staff.

  • Gunnel and top rail on main deck wooded and five coats of Cetol applied (2021).

  • Transom door added (2021).

  • Bottom scrubbed and new bottom paint applied (2019 and 2021).

  • New stationary spur cutters on prop (2020).

  • Sanded and repainted all exterior window frames (2020).

  • Replaced all cabin window screening (2020).

  • New engine raw water impeller (2019).

  • Fuel filled and stabilized (Fall 2020).

  • One of four VHF antennas replaced (2019).

  • Portside deck fuel port resealed and minor corrosion on fuel tank repaired and pressure tested (2019).


COMMENTS: ESPERANCE is a very clean example of a rarely-listed New England Grand Banks 32, which shows very little signs of wear. Her interior is nearly original with Grand Banks beige upholstery, curtains, and interior brightwork. Her exterior teak shows well as she has covers for most of the varnished rails. Extras include a radar, autopilot, bow thruster, and windlass.


Potential purchasers should assume that items on the vessel at the time of viewing, but not specifically listed on this specification sheet, are not included with the sale of the yacht. These specifications are believed to be correct but cannot be guaranteed. Specifications are provided for information purposes. Data was obtained from sources believed reliable but is not guaranteed by owner or brokers. Buyer assumes responsibility to verify all speeds, consumptions, capacities and other measurements contained herein and otherwise provided, and agrees to instruct his surveyor to confirm such details prior to purchase. Vessel subject to sale, price and inventory changes, and withdrawal from market without notice.


Mechanical Disclaimer: Engine and generator hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meter. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise, and major overhauls as well as ALL other representations noted on the listing.





Additional Contact Information

Annie Gray is a longstanding YBAA member, offering 47 years of experience in assisting clients in the purchase or sale of high quality yachts of distinction.

Please call Annie at 207-363-7997 or on her cell at 603-498-3450.

Disclaimer This calculator is intended solely for general informational purposes, and to provide a rough estimate based on the information you provide. You should not base your decision on this estimate alone.