Ocean Alexander

50. Mark 1

$280,000 CAD

Nanaimo, BC

Presenting Grey Pearl, a 1978 Ocean Alexander 50 Mark I - a highly desired west coast model now for sale. This cruiser fits into several categories - pilothouse, trawler, motor yacht, plus anything else you can come up with!  Designed by Ed Monk Jr. and built by Ocean Alexander, both skilled craftsmen, she is a great combination of form and function. Grey Pearl offers two staterooms, an open salon and galley, full pilothouse, as well as wide and protected side decks, cockpit and Portuguese bridge leading to an open fore deck - all allowing easy and safe boat handling. She is powered by Ford Lehmans for reliable and economical boating, with anti-rolling chocks added to the hull for a smother ride and a bow thruster for easy docking. This boat has been well cared for and maintained, kept in a boathouse for years, and she offers many more years of coastal cruising to any new owner! Grey Pearl is available for viewing by appointment in Namaimo, Vancouver Island. Moorage at Anchor Marina is transferable. 

To view this vessel or for additional information, please contact Bruce White, CPYB at (604) 687-8943 or (604) 220-8004 (mobile). Available seven days a week.

Location Nanaimo, BC
Condition Used
Category Trawlers
Overall Length 50' 3"
Year 1978
Hull Material Fiberglass
Hull Beam 15' 6"
Engine Power 240 HP
Bridge Clearance 22'
Cabin Headroom 6' 4"
Displacement 60,000 pounds

Tanks

fresh water 2 x 250 gal
fuel 4 x 250 gal
holding 1 x 25 gal

Engine 1

Make & Model Ford Lehman 2715E
Type Inboard
Fuel diesel
Year 1978
Power 120 horsepower
Hours 2600
Propeller Type 4 Blade, Bronze
Transmission Direct

Engine 2

Make & Model Ford Lehman 2715E
Type Inboard
Fuel diesel
Year 1978
Power 120 horsepower
Hours 2500
Propeller Type 4 Blade, Bronze
Transmission Direct
Elements of Grey Pearl

Board the vessel from either two side gates or off the swim grid through a gate in the transom. Instantly feel the safe side decks or the spacious cockpit,  all set for easy docking or undocking. Walk forward up two stairs to the Portugese bridge, on each side there are doors to the wheelhouse, forward again to another gate to the large uncluttered fore deck. Cushioned seating along the inside of the Portugese bridge, plenty of room on the fore deck for deck chairs.

From the cockpit you enter the boat through double doors, this puts you in the large spacious salon and galley area. Notice the warm teak woodwork, plush furniture, a modern galley and large windows for plenty of daylight. A very inviting space.

To the forward left you have two sets of stairs, one is up to the pilothouse, the other central one is down to the master stateroom. Up in the pilothouse, again notice the excellent teak woodworking, the aft bulkhead is a large raised settee, and table, with room for four. great spot for guest to sit and enjoy the view. From the pilots chair you have east access to all navigation aids, engine controls and excellent visibility out windows all around.

On the port side of the pilothouse is another set of stairs leading down to the accommodation area. In the companion area there is storage, washer and dryer and access to the forward stateroom. There you have three single bunk beds, and a separate heads with shower. To the aft of the companion way is the door to the main master stateroom. Large Queen Island bed, plenty of drawers and hanging closets, proper vanity mirrors, private full heads with tub shower and Vacu Flush system.  Through out the accommodation is more excellent woodworking, plush carpets, port lights, Hydronic Heat, LED lighting.

On the aft bulkhead is the main sound proof door to the engine compartment, All machinery is easy to access, bright lights and well set up. There are secondary hatches from the main salon for further access to the engine room.

Salon and Galley
  • Cabin sole is Teak Parquet
  • Very comfortable couch, tub chair, ottoman with storage inside, 
  • Sigmar diesel fireplace in corner with granite surround
  • Teak bar and U-Line ice maker port forward,
  • Blinds on all windows
  • Wizard roll screen for the aft doors
  • Toshiba 21" flat screen TV with built in DVD player.  Star Link system set up.
  • Granite counters around galley
  • Princess 3 burner stove and oven
  • Diplomat Microwave oven
  • Full Size refrigeration,  12V Compressor with cold plates, freezer on lower portion
  • Double stainless sink with plenty hot and cold water
  • Large storage cupboards and drawers for all galley supplies and utensils
  • All overhead and reading lighting replaced to LED
Pilothouse
  • Raised U-shaped settee for four along aft bulkhead with attached table across the front
  • Two dutch doors on either side for deck access, 10 large windows for all around visability
  • Single leather pilot chair
  • Teak and Holley floor
  • Storage drawers for charts and book shelves around forward and aft 
  • Overhead hatch for fresh air
  • On board electrical panel for 110V and 12V switches,  battery switch
  • Full instruments  RPM.   Oil Pressure,  Temp,   Amps.   all other controls at easy positions
  • KVH Fluxgate Compass
  • Furono 16" Multi Functon Display    Radar, Plotter,  Sounder,   AIS.  Satellite Compass.
  • Danforth 4" magnetic compass 
  • three windshield wiper. variable speeds
  • ICOM VHF radio
  • New second ICOM. VHF. AIS
Main Deck and Hull
  • All Natural teak decks, fore deck replaced 10 years ago,  all showing good condition.
  • Diamond Sea Glaze hatch fore deck
  • Maxwell 1200 Windlass with gypsy   12V
  • 30 KG Bruce Anchor with 300 ft. 5/16 Galvanized chain
  • Saltwater wash down for anchor and chain
  • Custom made deck attachment for a trap puller off the bow using windlass gypsy
  • Storage lockers in Portugues Bridge
  • Custom cushions for Portugues bridge seating
  • Outside docking station,  S/S wheel, transmission controls, access to auto pilot    perfect to sit and run the boat from outside seating,  (Better than a flybridge)
  • In Cockpit. access ladder to boat deck
  • Two large hatches to large lazaretto for equipment storage
  • BBQ. mounted on cap rail
  • Cap rails,  transom, and all window trims are teak and finished in Cetol,  in good condition
  • Umbrella window coverings for wheelhouse windows
  • Full length deep keel below the running gear for grounding protection
  • Rolling chalks attached to outside hull aft portion, professionally installed, stops any hard rolls,  no drag on hull speed. no extra maintenance like hydraulic stabilizers.
  • July 2025.  full bottom clean and paint with new zincs. 
  • Bow thruster is built in but not fully hooked up at this time.  
Accommodations
  • Down the stairs from the wheelhouse there is shelves and storage on the port side
  • Bottom in the companion way is a Samsung washing machine and Whirlpool dryer
  • Forward is the guest stateroom,  three bunk beds, foam mattress,  two to port one to Starboard
  • Hanging closet, drawers, port lights and overhead hatch
  • Separate head, electric toilet, marble counter, white laminate walls with teak trim, tub shower
  • Aft of the companion way is the Master Stateroom, 
  • Large Queen size island Berth,  spring coil mattres easy to walk around.  
  • Vanity desk with large mirror and drawers
  • Large full size hanging closet also with drawers
  • Master heads with Vacu-Flush system  tub style shower stall
  • Marble counter white laminate walls with teak trim,  vanity sink. mirror and lights
  • Plenty of overhead and reading lights LED. 
  • Portlights
  • Linen closet
  • Aft Bulkhead   sound proof door to the engine room
  • All the accommodation is heated with  Wabasto Hydronic furnace
  • Both cabins have bound carpet that is removable
  • AS the rest of the boat, plenty of teak trim and panels to complete the classic boat look.
Engines and Mechancal
  • A pair of Ford Lehmans 120 hp. Model 2715E.    
  • Engines overhauled at 1200 hours.  now app 2600 hours.  always fully serviced
  • Borg Warner Gears
  • Secondary filters for all engines
  • Three Rule bilge pumps 
  • 10LB Halon 1301 automatic fire supession system in engine room
  • New LED lights.
  • Engine room is well laid up, all access to outboard side engines and gen set and other mechanical systems
Electrical System
  • Northern Lights 8 KW Gen Set with Air Sep exhaust system
  • Magnum 2800 Watt inverter/charger
  • 30 amp Shore power with spare cords
  • Full breaker panel for 110V and 12V systems in wheelhouse
  • Master switch  spark proof
  • 8 @ 6V deep cycle batteries for 12V house supply
  • 1 @ 4D gen start batterie
  • 4 @ 8D in two banks for engine start
  • Two engine alternators for charging.     120 amp each
  • Majority of lights changed to LED 
  • All wiring done to ABS standards and in good condition
Boat Deck
  • Access via ladder in cockpit, weather hatch to keep rain off cockpitt
  • Large deck with tender and funnel and mast.  Room for Paddleboards and Kayaks
  • Propane system in fake stack, room for 2 20lb tanks
  • All propane system meets current safety standards, neoprene line to stove, pressure gauges, solenoid valve and regulator, also full manual shut off from inside galley
  • Nick Jackson 1000 LB davit System
  • 12 ft Achillies tender
  • 6 HP 2 stroke Yamaha
  • Fold down mast for low boathouse clearance
  • New Radar arch across front of pilothouse roof. room for more antenna or other electronic applications
  • New custom made Star Link antenna mounting
  • Plenty of room on wheelhouse roof for future solar panels
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 investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Would you like more information?

Call us at (604) 687-8943 or (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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