Grand Banks

42 Classic

$419,000 CAD

Vancouver, BC

Arctic Dream is a stunning example of the highly sought-after GB 42 Classic. This is an opportunity to own a Grand Banks 42 Classic that has all the right options, and throughout her life, has seen the best of care. She is a desirable yacht, having benefited from an intelligent original order list, careful local outfitting, and proper updating. Now with fresh brightwork, new flybridge canvas, a good suite of electronics, up-to-date service and maintenance, Arctic Dream definitely deserves your attention.  She is ready to cruise in any season.
Location Vancouver, BC
Condition Used
Category Motor Yachts
Overall Length 43' 3"
Year 1998
Hull Material Fiberglass
Hull Beam 14' 1"
Fuel Capacity 600 gallons
Engine Power 440 HP
Cabin Headroom 6' 4"
Displacement 34,000 pounds

Engine 1

Make & Model Cummins 6BT5.9-M
Type Inboard
Fuel diesel
Year 1998
Power 220 horsepower
Hours 6030
Propeller Type 3 Blade, Bronze
Transmission Direct

Engine 2

Make & Model Cummins 6BT5.9-M
Type Inboard
Fuel diesel
Year 1998
Power 220 horsepower
Hours 6030
Propeller Type 3 Blade, Bronze
Transmission Direct

The Grand Banks 42 Classic's timeless lines and strong reputation, demonstrated by resale value, makes it a smart investment in cruising. 

Arctic Dream is an elegant yacht, hand-built in the traditional method by skilled craftsmen, balancing rugged construction with fine finishing. The seaworthy hull form is proven, and as one gains experience on board, the feeling is built up; one of respect and security.

This design set the standard for almost four decades. It is intelligent, well-proportioned, and provides a fine sense of comfort, style and good sense. 

Peace of mind comes from smart equipment choices, access for maintenance, and tested installations yielding remarkable reliability. 

In production from 1966 to 2005, with over 1,550 hulls built, the Grand Banks 42 remains the most successful trawler design ever produced. The 42 Classic is a model often copied, but never duplicated. It is a magnificent example of how Grand Banks Yachts has blended thoughtful design, safe passage making, comfortable living and exquisite craftsmanship. 

Relax in comfortable spaces inside, with full views of the harbour when the weather is cool or when privacy is desired. Or in the open areas of the flybridge on warm days at cruise or at anchor. 

There are signature GB pieces throughout Arctic Dream, including the teak steering wheels, teak bar, the classic and functional yacht table, teak handrails, and teak parquet floors. 

Since new, Arctic Dream has had six owners. Each have provided the best care, kept on top of maintenance, and updated systems. She has been sheltered in a shed by her current owner since 2016. And when not in her shed, previous owners have kept her protected with the full winter Lohman cover.


Grand Banks' textbook tri-cabin layout provides a versatile separation of spaces between owners and guests; with the owners' cabin aft, the guest cabin forward, and the living space between. 

This classic layout is well-suited for a cruising couple, with ample room for guests.

Boarding port or starboard is an easy step up with foot holds and handles in just the right places. And from the stern, the wide swim platform, perfectly situated to get in and out of the tender, has teak steps up to the afterdeck. 

Enter the salon though side doors from the port or starboard side decks. The helm is forward to starboard, the bar behind that, the galley to port, the guest cabin forward, and the owners' cabin aft. 

There is liberal use of hand-selected teak throughout the interior, hand-built by some of the best craftsmen in the business. The finish is a soft, satin varnish.

The owners' aft cabin features a queen-size walk-around berth (80" x 60"). Starboard of the bed is the night table and storage lockers. To port is another night table vanity with bench, more storage drawers. Forward in the cabin, at the foot of the bed is a double hanging locker. 

There are overhead lights, reading lights, a companionway to the after deck, and opening windows with screens and custom curtains. 

The private ensuite head has a separate stall shower, quiet Vacuflush toilet, storage lockers, and opening port lights. 

The forward guest cabin is a large V-berth with hanging locker, drawers, overhead hatch, opening port lights, reading lights, and a private ensuite head with shower, quiet Vacuflush toilet, and storage lockers. 

  • new mattresses in both cabins (2018)

The salon is a favourite place to entertain, or to just sit and watch the world go by through expansive windows with 360 degree visibility. The large windows are sized and situated for all aboard, whether sitting our standing, to enjoy the ocean vistas. 

On the starboard side, there is an L-shaped settee with extra thick upholstery, storage under, and a proper teak Grand Banks yacht table with secret storage. Across and to port is a lounging settee and Sigmar diesel fireplace, and teak storage cabinet with TV. 

Tucked under the table are two GB chairs to draw up for entertaining a slightly larger crowd. 

There is the ubiquitous and necessary GB bar with fold out teak flap with Corian surface, and bottle and glass storage, all finished in hand rubbed teak. 

  • new salon upholstery (2020)
  • updated LED lighting
  • reading lights
  • both salon doors refinished 2021

The galley is to port, forward of the side deck door. There is plenty of work space for preparing meals, ample and efficient storage, and is handy to the salon and helm.

Plenty of windows and efficiently conceived storage and preparation space makes the L-shaped galley a delight to work in. 

  • Force 10 propane 3-burner stove and oven
  • GE Profile microwave / convection oven
  • 12VDC stainless steel lined fridge
  • 12VDC top and side load stainless steel lined freezer
  • deep double stainless steel sinks 
  • Corian counter tops
  • exhaust fan
  • propane solenoid
  • additional brass halogen task lighting over stove
  • large dry goods storage area under main salon settee for extended times aboard

Arctic Dream's helm has the highly desired bench seat option. Quick access to tend to fenders and lines through the starboard door immediately adjacent to the helm. 

All controls and instruments are neatly laid out and in easy reach, along with the AC and DC systems control panels. 

The helm is directly opposite the galley, just forward of the salon, and operator and guests can be nicely engaged with each other.


Steps up from the port side deck lead to the flybridge with superb outdoor living space. There is not only a complete helm station with all the appropriate navigation and instruments, but a spacious entertaining and lounging space with aft-facing seating under the bimini, as well as the optional L-settee with teak hi-lo table. 

  • new bimini on new 1-1/4” stainless steel tubing (2020)
  • new exterior flybridge cushions (2020)
Main Deck

Grand Banks are designed with active boating in mind. Their yachts have wide walk-around decks, with tall railings and a beefy gunnel, to ensure safety and confidence while moving around the boat, even during rough weather. 

For effortless boarding and line handling, there are gate openings port, starboard and aft. As noted, there are port and starboard doors from the side decks to the salon and lower helm, as well as a door from the master stateroom to the after deck. Movement throughout is unencumbered and flowing. 

The teak clad decks provide a superior nonskid surface, and Arctic Dream's are in excellent order. 

All the teak trim is in perfect condition, and all exterior brightwork has been sanded to bare wood, sealed, and built up with numerous fresh coats of varnish. Windows and frames show no signs of moisture ingress or leaking. 

  • exterior brightwork completed 2020 / 2021
  • teak decks sanded and re-caulked (2017 - 2019)
  • dual voltage Waeco Dometic CoolFreeze refrigerator / freezer located on flybridge 
  • Lofrans electric windlass with controls at upper and lower helms, and at foredeck 
  • 45 kg CQR anchor with 300' G4 5/16 HT chain
  • 300' 3/8" yellow poly shore line 
  • beefed up downrigger stanchions (2018)
  • three windshield wipers with washer 
  • saltwater wash down forward (switchable to fresh water with valve control in engine room) 
  • hot and cold water shower on aft deck
  • stainless steel swim ladder
  • deck locker on forward deck
  • hydraulic Seawise dinghy davit system
  • 2008 AB 10' aluminum RIB dinghy with console steering (refurbished 2018)
  • 20 HP Honda four stroke outboard
  • navy Sunbrella cover for handrails and cap rail
  • navy Sunbrella transom cover
  • mesh Sunblocker window covers
  • aluminum folding mast with radar scanner, deck lights
  • hoisting boom with winch and block and tackle
  • Lohman full winter cover 
  • hauled regularly, last bottom cleaning and paint was 2020
Electronics and Navigation

The helm station has the complete set of engine and navigation systems. She is designed with safety in mind, and her primary navigation and communications systems are duplicated for redundancy. Equipment is well laid out for ease of use with critical systems close at hand. The helm station has the optional helm seat, with room for two. 

  • Laptop running Nobeltec electronic charts 
  • Furuno 1832 radar and Furuno dome scanner 36 mile radar 
  • Furuno NavNet VX2 lower helm with slave on flybridge, colour plotter and sounder both helms 
  • Furuno GPS navigator at both lower and upper helms 
  • Comnav 1001 Autopilot wired to interface with laptop navigation 
  • two Ritchie compasses - one at each helm 
  • Comnav 1001 autopilot remote for upper helm 
  • Icom ICM-127 VHF, remote mic 
  • Standard Horizon GX2150 AIS with remote handset to lower helm with DSC 
  • Lowrance HDS 7 sounder on upper helm 
  • Lowrance X-85 sounder / fish finder lower helm 
  • 110V outlet on flybridge, wired for laptop 
  • Shakespeare Galaxy 5018 antennas with stainless steel mounts 
  • Stockburger ships clock and barometer
  • Jensen CD/AM/FM stereo with Energy speakers below, and waterproof Clarion speakers on flybridge
  • Floscan fuel flow meter adjusted to reflect combined consumption
Electrical System

The AC and DC systems service the vessel through circuit breaker panels, which are well-organised and properly labelled. Batteries are charged via the alternators while underway, or by the genset or shore power as needed. Arctic Dream is considered a "quiet boat" in that the genset is not needed for powering a cabin heat supply or for operating the propane stove and oven. The genset is ready as needed for higher power loads or battery charging when away from shorepower. Lighter AC loads are taken care of by the Trace inverter. 

  • 8 kW Onan generator with sound shield,1,831 hours
  • Trace 2.5 kW inverter
  • Link 2000 digital monitor
  • 50 Amp shore power connections both fore and aft with selector switch
  • 140 Amp alternator on starboard engine with smart Maxtor regulator
  • two spare alternators
  • deep cycle house batteries providing 880 Amp/hours, (new 2020)
  • 8D main engine batteries and 4D genset battery, (new 2020)
  • Pro Nautic 50 Amp three-phase battery charger
  • 525 W solar array by Pacific Yacht Systems (2020)
  • courtesy lights on bridge and side decks
Engines and Mechanical

The GB 42 boasts a spacious engine and machinery room with plenty of space for the engines, systems, spares, tools and room to work. Access by a ladder from a hatch in the salon or through the door under the stairs to the forward cabin. 

Arctic Dream's engine room is clean and well ordered, brightly lit with both 12V and 110V lights. She has been maintained to the highest standards and all service is completely up to date. A very large section of salon floor opens up for better access to the engines if needed. 

  • twin 220 hp Cummins model 6BT5.9-M diesel engines, each with approximately 6,000 hours
  • ZF Marine gears with trolling valves (2017)
  • shafts checked and realigned, updated couplings (2019)
  • refurbished props (2020)
  • new cutlass bearing (2020)
  • new injectors (2018)
  • new transmission oil coolers (2017)
  • new mixing elbows on main engines (2019)
  • Serviced heat exchangers, both main engines, (2018)
  • new rear engine seal (2019)
  • new drive disks (2019)
  • Sounddown shaft dampers, reduce vibrations 
  • dripless shaft seals (new 2019)
  • serviced air seps (2019)
  • Micro Commander electronic engine controls 
  • Espar central heat system throughout
  • Sigmar 180 diesel cabin heater in salon
  • electric oil change system
  • dual Racor 900 filters for each engine
  • Racor 500 to genset
  • all Racors housings and filters removed and serviced (2020)
  • simple intuitive fuel manifold
  • fuel tank sight valves
  • central vacuum system
  • holding tank with Groco sweet water system
  • Groco PJR fresh water pump, and Groco accumulator tank
  • Seaward model S1900 18 gallon hot water tank

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.


All personal property is excluded unless specifically identified and included in the sale agreement and listing specifications. Personal property refers to all items not permanently attached to the vessel including but not limited to: artwork, furnishings, and recreational or entertainment items. Advertisements, marketing materials, and/or other photography may depict the vessel with personal property, however, such personal property is excluded unless otherwise specifically included as provided herein.

Would you like more information?

Call us at Vancouver: 604-687-8943 or Sidney: 250-656-8909. Don't feel like talking? You can contact us using the form below.

Disclaimer: The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigatge such details as the buyer desires validated. Price, if shown, may not include applicable state or government fees, taxes, destination charges, preparation charges, or finance charges (if applicable). Final actual sales price may vary depending on options or accessories selected. This vessel is offered subject to prior sale, price change, manufacturer revision, or withdrawal without notice.

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