Yacht Overview

  • Yacht Details 38' Grand Banks 2002
  • Location Islamorada, FL
  • Engines Yanmar
  • Days on MarketInquire
  • Last UpdatedJan 24, 2020
  • Asking Price$269,000
Price Watch

Sending your Message. Please wait . . .

Have a question about this yacht?

Tea Time Yacht Description


Owned by a life long yachtsman for the past 15 years, this is a one owner boat, kept on elevator lift since new and covered with a full hull and deck cover.   The motors are rinsed with fresh water after every use and she has been Captain maintained when owners are not in town who runs all electronics and starts the engines and generator regularly.


The Port Engine was rebuilt at a cost of $60,000 because it broker a rod so it is practically new.

"Tea Time" is perfect for the Bahamas, or any other island hopping with her 3'4" draft and 25 knot cruise.

Show more


  • Make Yanmar
  • Model
  • Fuel Diesel
  • Hours 50
  • Type
  • Drive Type


  • Cruising Speed: 23.46 kn
  • Beam: 13' 2''
  • Hull Material: Fiberglass
  • Max Draft: 3' 4''
  • Fuel Tank: 1 x 366|gallon
  • Fresh Water: 1 x 95|gallon
  • Single Berths: 2
  • Cabins: 1
  • Heads: 1


Down below, the quality and tradition of Grand Banks is clearly evident. To port is a well equipped galley complete with a three-burner stove and oven, a large stainless steel sink and the same customized heavy duty refrigerator icebox that has become such a popular feature on the Grand Banks cruisers. With an abundance of storage cabinets and counter space, one can create a gourmet meal as easily as a light snack. A built-in exhaust fan and overhead hatch add to the open, fresh-air atmosphere of the galley. Adjacent to the galley is a dining/saloon area featuring a beautifully crafted teak table surrounded on three sides by a comfortable settee. The table can be lowered to create a double berth for overnight guests. Built-in teak bookcases, storage compartments and special lighting fixtures provide a warm and cozy yachting environment. There is also room for installing a stereo system as well as a TV and VCR. A large head with a wrap-around shower is accessed through a sliding teak door. Featuring a large, molded sink and vanity with storage compartments, the head is bright and well ventilated with its own opening port. The forward stateroom can be built either in the traditional V-berth style or with an optional double island bed. With either layout, the stateroom provides comfort and privacy for the cruising couple. The berths are surrounded by storage compartments, and there is additional storage below the bunk arrangements and in the hanging locker.

Design And Construction

Merging the timeless tradition of Grand Banks's craftsmanship with the legendary Ray Hunt modified deep-V hull with a transom deadrise of 20 degrees, the Eastbay 38 Express is the ideal balance of style and performance. Powered by a variety of diesel options, top speeds of over 30 knots are achievable. Cruising speeds of 15-25 knots are both comfortable and economical. Estimated speed and fuel consumption tables are available to help you decide which engines best fit your cruising style. One's first impression is that of an extremely smooth, dry ride, even in a rough chop. With her short keel, she tracks very well in a variety of conditions and speeds. Maneuvering in tight spots is a breeze. Underway, the captain is in command of a thoughfully organized helm station that is located on a raised helm deck for superb, all-around visibility. A comprehensive set of guages and meters provides accurate monitoring of mechanical equipment. There is also plenty of room for installing a full array of navigational equipment including a VHF, GPS/Loran, Radar, Autopilot, Fishfinder and Chart Plotter as well as a Speedlog and Depthfinder. First time guests are always surprised at how quiet the Eastbay is. Sitting in the cockpit, one can easily have a conversation even at cruising speeds. This quiet ride is attributable to the overall quality of construction and special attention to sound reducing details in the engine room. Access to the engine room is through an electro-hydraulic assisted hatch conveniently located on the helm deck. Below, the captain will find a well organized layout providing ample room on both sides of each engine for easy maintenance and service. There is plenty of room fo the installation of a generator, air conditioning equipment, an inverter and more. All wiring is harnessed and well labeled. Large bronze seacocks and double hose clamps throughout reflect the overall attention Grand Banks has paid to long term dependability and safety


On deck, the Eastbay shows its cruising heritage. The varnished toerail highlights her traditional lines. Wide, non-skid side decks and sturdy stainless steel grabrails provide a sense of security when going forward to handle lines or the anchor. Safety at sea continues to be a part of the Grand Banks tradition. A stainless steel windshield frame supports the bimini top and the optional mast provides an ideal place to mount antennas and radar. A full stainless steel radar arch is also available as an option.


  • Garmin 7612xsv GPS
  • Simrad AP22 Auto Pilot
  • Bennett Trim Tabs
  • Side Power Bow Thruster
  • Furuno RD-30
  • Furuno Nav Net Radar
  • ICOM IC-M502 VHF Radio with Horizon Remote VHF Mic
  • Maxell Windlass Control
  • Electronic Shifters
  • Trace Inverter
  • Rudder Indicator
  • Hynautic Marine Steering Systems
  • Horn Kahlenberg
  • Compass Ritchie
  • Speakers Clarion
  • Engine Instruments Gauge
  • Rudder Angle Sender
  • Rudder Angle Gauge
  • Windows w/Wipers Exalto


Denison Yacht Sales offers the details of this yacht in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of this boat for sale. A yacht buyer should instruct his yacht broker, or his boat surveyors, to investigate such details as the buyer desires validated. This yacht for sale is offered subject to prior sale, price change, or withdrawal without notice. Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by Export Yacht Sales.


Call Call
Call Email