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Home / Yacht Search / 1995 Grand Banks 38 Eastbay EX "BOOTLEGGER"-Repowered

1995 Grand Banks 38 Eastbay EX | "BOOTLEGGER"-Repowered

$359,000

location-icon Essex, CT

$359,000

Length Icon

LENGTH

38 ft

Beam Icon

BEAM

13 ft 2 in

Material Icon

MATERIAL

Fiberglass

Engine Icon

ENGINE

Caterpillar

Engine Type Icon

ENGINE TYPE:

Inboard

Engine Power Icon

ENGINE POWER

500 HP

CONTACT FORM

OVERVIEW

THIS VESSEL WAS REPOWERED IN 2025 w/ NEW CAT C7.1 500hp (1000hp total) Diesels w/ 2 year factory warranty 

Introducing the exquisite 1995 Grand Banks 38 Eastbay EX, a remarkable Downeast vessel that combines elegance with performance. With an overall length of 38 feet, this boat boasts a robust Deep Vee fiberglass hull, ensuring stability and a smooth ride on the water. Powered by twin 2025 Caterpillar C7.1 inboard engines (shafts & Props), each delivering an impressive 500 horsepower, this vessel is equipped for both leisure and adventure. With only 50 hours of use since the 2025 re-power, these engines promise reliability and efficiency with transferrable factor warranty through August 2027. Inside, the boat features a cozy cabin and a well-appointed head, providing comfort for overnight excursions. The thoughtful design and craftsmanship of the Grand Banks brand shine through, making "BOOTLEGGER" an ideal choice for those seeking a blend of luxury and functionality on the water. Experience the joy of cruising with this stunning vessel!

Properly designated as a 1995/2025 GB38 Eastbay EX inboard with straight shafts and props. "BOOTLEGGER" is unique in the market as approximately $300,000. was spent on an extensive re-power and re-fit spanning 2022 through 2025. The work was performed by one of New England's  leading yards resulting in a vintage high quality yacht built by one the worlds leading builders with modern state of the art machinery and drive train including full electronically managed shift and throttles with integral synchro, digital data display including fuel statistics, load and more. Replacement cost for a comparable new vessel would be well over one million dollars and likely be pod drives. "BOOTLEGGER" represents a fully equipped, smooth and fast downeast cruiser and island hopping yacht, built to the industries highest standards.

The benefit to the user vs. all other Eastbay 38's offered is a smoother quieter ride with superior speed, economy, extended range, reduced exhaust, and reliable operation. The entire boat will be more enjoyable especially on the helm deck and cockpit while underway with reduced vibration, sound levels and exhaust fumes. "BOOTLEGGER" is now likely the fastest and most fuel efficient Eastbay 38 in existence with transferrable CAT Engine Warranties in place through August 2027 with extended warranties available for purchase. 

New factory fresh robust CAT C7.1 500hp turbo charged aftercooled common rail engines were installed along with ZF gears and electronic shifters, CAT electronic display panels, new shafts and shaft logs, struts and props. All associated filters, exhaust components, engine wire harnesses, etc. are new. In the two years prior to the re-power the boat received new interior and exterior upholstery, upgraded charging and inverter unit, wiring and associated electrical components and batteries to bring her up to modern standards. Engines, gears and major components are under warranty as described by their manufacturer. 

SPECIFICATIONS

Yacht Type Downeast
Brand Grand Banks
Year 1995
Hull Fiberglass
Days Listed 1
Price $359,000
Length Overall 38 ft
Beam 13 ft 2 in
Engines 2

ADDITIONAL DETAILS

NOTABLE FEATURES

  • Twin / Factory new 2025 Caterpillar C7.1 500hp Turbo Charged Aftercooled Common Rail engines new 2025
  • CAT CMD8 Color Engine Touchscreen Displays (2) new 2025
  • ZF 785CE Cruise Command Electronic Controls new 2025
  • Exhaust runs, elbows, humps, hoses etc. new 2025
  • Dual Racor filters and associated hoses new 2025
  • Engine Room Paint, Insulation new 2025
  • ZF Gears new 2025
  • Shafts new 2025
  • Shaft Seals PSS new 2025
  • Struts Bronze new 2025
  • Props 4blase Nibral new 2025
  • Helm steering pump and block new 2025
  • Thru Hulls, Sea Cocks and Strainers updated and enlarged new 2025
  • Motor Mounts (8) custom fabricated new 2025
  • Batteries AGM (5) replaced new 2022
  • Electrical system reconfigured, install Victron Multi Plus Inverter /Charger new 2022
  • Water Heater new 2025
  • Trim Tabs Lenco electric actuators and control panel new 2025
  • Exterior Upholstery replaced new 2024
  • Interior Upholstery replaced (partial) new 2024
  • Custom memory foam mattresses and upholstery new 2024
  • Bootlegger logo towels and zippered canvas Mills shore bags new 2025
  • Simulated Teak transom new 2025

The legendary GB Eastbay 38 designed by C. Raymond Hunt Associates offers accommodations for up to four in a single stateroom layout with Vee berth forward cabin and convertible settee. The cabin offers very good natural light and ventilation with three hatches with screens and six ports with screens. This supplemented with reverse cycle air conditioning / heat. The settee is located in the starboard side of the Lower Salon area opposite the galley.

The Teak dining/coffee table also lowers to convert the settee to a double berth. A louvered door hanging locker is just forward with TV above. Additional storage is outboard in lockers and a book case. The galley is to port featuring a large single basin sink, Formica counter tops and excellent storage in several lockers and drawers. Outboard is a Princess 3 burner propane stove with oven, while aft and below counter height is a front loading refer box stainless steel lined with 12v Grunert system. The stateroom is forward featuring V-berth with filler, drawer storage underneath each berth, a bureau aft to starboard, and customized enlarged under deck lockers outboard. An overhead hatch and opening ports provide ample ventilation.

Aft of the stateroom to port is the Head equipped with an electric flush toilet plumbed via a Y-valve to the holding tank. The large vanity provides ample storage and is fitted with sink with hand shower faucet.

The Salon is three steps up from galley with the helm station to starboard. There are Pompanette helm & companion pedestal chairs forward with a bench seat for two aft which provides storage space and houses the propane locker. There is a teak chart locker with cover forward of the companion chair.

The cockpit lies two steps down to aft aft facing bench seat. Ample storage space for safety gear and docking equipment in the lazarettes aft. Easy access to the side decks with stainless safety railings.

  • ZF 785CE Cruise Command Electronic Controls w/ auto synchronization new 2025
  • CAT CMD8 Color Engine Touchscreen Displays (2) display fuel rate and load among other data new 2025
  • Helm switch panels and switches updated new 2025
  • SS Wheel w/ Elk Hide Wrap
  • Pompanette Pedestal Seat Upholstery new 2024
  • Raymarine E120W/Hybrid Touch color GPS/plotter
  • Raymarine radar
  • Autohelm TriData
  • Raypilot P70R autopilot
  • Kahlenburg air horn new 2005
  • Ritchie 5" magnetic compass in binnacle
  • Standard Horizon VHF
  • Windshield wipers - arms, motors and controls (3) new 2024
  • Windlass controls
  • Fireboy
  • Fusion marine Stereo with radio, CD & bluetooth

This boat was repowered with twin 2025 Caterpillar C7.1 500hp diesels turning 2" stainless steel shafts with 4 bladed propellers through ZF 286A 2.20:1 reduction gears marine transmissions.

  • T/ CAT C7.1 500hp diesels new 2025
  • ZF 286A 2.20:1 reduction gears new 2025
  • Engine sound insulation new 2025
  • Fuel Manifold re-piped new 2025
  • Hydraulic lift for engine hatch new 2026
  • Vacuflush Head, refurbished 2024
  • Macerator Pump
  • Water Heater Seaward 12 gallon
  • Bilge Pumps (3)
  • Manual bilge pump
  • 12,000 BTV Air Conditioning
  • Dual Racor Fuel Filters, oversized high flow model w/ vacuum gauges  new 2025
  • Drip pans under engines
  • Engine & generator raw water intakes oversized thru hulls, valves strainers w/external scoops new 2025
  • AC, Refrigeration raw water intakes oversized thru hulls, valves strainers new 2025
  • Engine room faucet, fresh water
  • Engine room sound insulation
  • Engine room lighting AC/DC new 2025
  • Exhaust system, sea-water cooled, with mufflers new 2025
  • Flexible couplings w/matching engine mounts new 2025
  • Fuel tank, aluminum
  • Propeller shafts, stainless steel new 2025
  • Propellers, nickel-aluminum-bronze new 2025
  • Rudders, bronze shafts, arms, tie rods serviced and lubed 2025
  • Seacocks on thru-hulls new 2025
  • Separating filters, fuel-water new 2025
  • Shaft logs with dripless shaft seals new 2025
  • Steering, hydraulic new 2025
  • Trim Tabs Lenco electric actuators and control panel new 2025
  • Water tank, aluminum

The boat is equipped with 12v DC and 220/110v AC service w/ 30 amp shore cord. The Northern Lights 5kw generator provides AC power off the dock and a Victron 3000 watt inverter handles lighter loads when off the dock. 

12 Volt DC System:

  • Distribution Panel with breakers
  • Volt & Amp meters
  • Engine alternators new 2025
  • Engine batteries Northstar 8D (2) new 2022
  • House batteries Odyssey high capacity AGM Slimline (2) new 2022
  • Bilge Pumps (3) new 2025
  • Engine room blowers
  • Engine room lights
  • Fresh water system, pressurized new 2025
  • Navigation lights
  • Cabin Brass reading lights
  • Cabin overhead lighting

120 Volt AC System

  • Victron 3000w Inverter w/ 120 amp charger new 2022
  • Battery Charger and maintainer new 2023
  • Distribution panel with breakers
  • Volt & Amp Meters
  • 50 amp shore power inlet
  • 50 amp 50' shore power cord
  • 110v AC Outlets
  • Water heater new 2025

The builder used a hand laid fiberglass hull with end grain Balsa coring from the chines to the rail and solid fiberglass bottom. The hull finish from the waterline up is Flag Blue AwlGrip with a White boot top and Gold cove stripe. The bottom is finished with ablative Green anti-fouling. 

  • AwlGrip Topsides "Flag Blue"
  • Simulated Vinyl Teak Transom "Maintenance Free" new 2025
  • Stainless steel anchor platform
  • Maxwell Nielsen electric anchor windlass for chain & rope, switches at bow & helm
  • ROCNA 55# oversized New Zealand Quick Set anchor new 2024 
  • Anchor Washdown - Fresh Water 
  • Anchor rode 150' 5/16" chain
  • Transom door
  • Transom shower, hot-cold
  • Flip down swim ladder
  • Aluminum hinged mast, painted white
  • 2 spreader lights
  • Teak deck in cockpit & Helm area
  • Bimini top with S/S frame Bimini Canvas new 2022
  • 5 Type II PFDs
  • Flare Kit
  • 4 fire extinguishers
  • Life ring with line
  • 4 fenders / 6 docklines
  • Air horn, Kahlenberg
  • Anchor chain locker, divided for rope & chain
  • Anodes, zinc
  • Ball valve on thru hulls above water line
  • Stainless Steel chocks and mooring cleats
  • Cover for companionway hatch
  • Deck fittings: diesel fuel/water and waste pump-out
  • Deck, side & fwd house top with painted moondust non-skid
  • Engine room hatch, hydraulic/electric
  • Engine room vents
  • Flagstaff holders, bow and stern
  • Flagstaffs, teak, bow and stern
  • Grab rails, stainless steel
  • Rubrail, heavy-duty vinyl with S.S. insert
  • Safety rails, stainless steel
  • Scuppers on bridge deck, S.S.
  • Seat/storage box, molded with cushions in cockpit
  • Skylight hatches with screens 
  • Swim platform, Teak, 13 slats
  • Toe rail, Teak varnished 
  • Trim tabs

Excluded from the offering are owner's personal belongings, loose galley and other items, tools. Items seen aboard or in photos not specifically stated in this listing inventory should be considered excluded.

We provide this yacht listing in good faith, and although we cannot guarantee its accuracy or the condition of the boat. Palm Beach Motor Yachts is pleased to assist you in the purchase of this vessel. This boat is centrally listed by DiMillo's Yacht Sales. She is subject to prior sale, price change, or withdrawal without notice and does not imply a direct representation of a specific yacht for sale.

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