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2004 Grand Banks 49' (14.94 m) Eastbay 49 SX

Solomons, Maryland, United States

Southerly

Exceptionally well maintained vessel.

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Vessel ID#     Last Updated: 2025-09-16 16:18:32

Boat History Report

Description

"Southerly" is a stunning classic, a true "Head Turner". The owners decided to take her temporarily off the market and spend the time and expense to make sure she was in "Sail Away" condition for the next owners. Here are some of the things they have done in the last 6 months;


1) After Coolers have been completely replaced. Something Caterpillar recommends every 6 years. This was done by a Caterpillar certified company "Shore Power". This was done in Dec. 2024

2) Heat exchangers were removed and cleaned and re-installed at the same time the After Coolers were done and by the same company. Again in Dec. 2024

3) Vessel was hauled out and props removed and sent to "Black Dog Propellers" to be re-conditioned. June 2025

4) Bottom cleaned and fresh bottom paint June 2025

5) All the exterior teak was stripped and re-varnished June 2025

6) Exterior cabin and hull all cleaned and waxed June 22nd, 2025

7) All the Teak in the cockpit has been cleaned and refreshed as seen in the photos of the before and after - June 2025


She has just been launched the last week of June, 2025. She will reside at the Safe Harbor Zahniser yard and will be sitting right in front of the Restaurant. The owners have agreed to list her aggressively with an asking price of $595,000.00. Southerly is an "SX" model, meaning she has the enclosed salon. These boats all sell anywhere from $625,000 and up. The "HX" which is more of an open express style, do not warrant the asking price that the "SX" does. Southerly is an excellent opportunity for someone who has been looking for a traditional classic and has the timeless beauty of the ever popular Grand Banks East Bay SX.

Specifications

HIN/IMO: GNDN0069E404

Official Number: 1158422

LOA: 49' 11'' (15.21 Meters)

Type: Power- Used

Year: 2004

Beam: 16' 4''

LWL: 45' 8''

Draft Max: 4' 4''

Cabins: 2

Single Berths: 2

Queen Berths: 1

Heads: 2

Maximum Speed: 32 MPH

Cruise Speed: 26 MPH

Fuel Type: Diesel

Hull Material: Fiberglass

Hull Finish: Awlgrip

Hull Shape: Deep Vee

Bridge Clearance: 14' 9''

Fuel Tank: 760 Gallons (2876.91 Liters)

Fresh Water: 176 Gallons (666.23 Liters)

Holding Tank: 84 Gallons (317.97 Liters)

Displacement: 48000

Photos click to view all

Multimedia

Engines

Engine 1

  • Engine Make: Caterpillar
  • Engine Model: C-12
  • Engine Year: 2004
  • Engine Type: Inboard
  • Drive Type: Direct
  • Power HP: 705.00
  • Power KW: 525.72
  • Fuel Type: Diesel
  • Hours: 1211.00
  • Engine Location: Port

Engine 2

  • Engine Make: Caterpillar
  • Engine Model: C-12
  • Engine Year: 2004
  • Engine Type: Inboard
  • Drive Type: Direct
  • Power HP: 705.00
  • Power KW: 525.72
  • Fuel Type: Diesel
  • Hours: 1214.00
  • Engine Location: Starboard

Generators

Generator 1

  • Generator Make: Onan
  • Generator KW: 13.50

Full Details

ACCOMMODATIONS/LAYOUT

 

Starting from the stern and walking forward to the forepeake;


SALON/PILOT HOUSE:

 

Teak swim platform allows for easy access to the large aft deck via a transom door. Large built-in bench seat with custom cushions and a full custom sun cover (2019) provides shade when wanted. The bench seat, bimini with lighting, and entry door into the pilothouse creates an additional living and entertainment area for one to enjoy. She has teak decking in the cockpit for comfort under foot as well as a cockpit shower with hot and cold pressure water, courtesy lights, 3 large storage compartments with pneumatic lift as well as the engine room access with pneumatic lift hatch.

 

The SX model features a fully enclosed salon/helm deck where one will find handcrafted furnishings and gleaming teak joinery. Generous proportions and thoughtful details define the 49SX interior. A well-appointed helm deck provides a comfortable area for relaxing and entertaining. With panoramic, 360-degree views and protection on all sides from sun or inclement weather, this is the place where you’ll do most of your living and entertaining.

 

As one enters the door from the cockpit you will find an L-shaped Ultra-leather light beige upholstered settee to port with storage under, and a high gloss varnished Hi/lo cocktail table. Forwards are two matching Stidd Admiral low back seats on adjustable pedestals. Opposite to starboard is the helm with a matching Stidd Admiral adjustable Captains seat. Aft of the helm is the beige Ultra-leather barrel club chair with contrasting piping followed by the teak entertainment center. An expanse of windows brings light and views pouring into the large salon.


Additions to the salon/helm deck;

  • Teak and Holly sole with a plush bound carpet overlay
  •  Side opening windows with screens with custom drapes throughout salon
  •  Slightly tinted pilothouse side windows
  •  Elecrically actuated center opening window
  •  (2) reverse cycle AC/HT units
  •  (2) chrome plated GB reading lamps
  • Samsung 32” LED flat panel TV
  • 2012 Intellian HD DVR DSS receiver
  • Speakers
  • (2) skylight hatches with Oceanaire shade/screen
  • Teak overhead electronics locker w/ removable panel at helm
  • Teak Chart locker


GALLEY:

 

Down a couple of steps and to port is the large, bright, and airy galley which features top-quality appliances, with plenty of storage and counter space, and opens to both the salon above and to the dinette to starboard. Storage can be found below and behind the settee. A TV is hidden behind a cabinet and can be viewed while relaxing on the settee and can also be turned and used in the second cabin for private viewing. A liquor cabinet can hold bottles and glasses of all shapes and sizes. The custom dinette table is a signature of all Grand Banks yachts. There are folding leaves, built-in glass holders that flip over to elegantly nest flush to the surface and bottle storage within. The L-shaped dinette is also covered in a light beige ultra-leather fabric and offers plenty of room for dining.

 

The galley is equipped with the following;

  •  Sharp Carousel microwave oven
  •  3 burner Princess stove with oven
  •  Exhaust blower
  •  Single stainless steel undermount sink with a single lever

                       Grohe faucet with pull out head with hose

  • Custom wood sink covers
  • (2) Sub-zero refrigerators with freezers
  •  Storage cabinets outboard, under and above
  •  High end dark green marble counter tops with veining
  •  All galley ware conveys with the vessel


GUEST/DAY HEAD:


Heading forward and to starboard is the Guest/day head with an odor-free freshwater Vacuflush head with hand held shower with curtain. The sink and vanity is outboard with storage below and behind the counter.

 

Additional features to Guest/day head include;

  • Sealand Vacuflush toilet
  • Shower with drain pump
  •  Granite countertop with under mount porcelain sink
  •  Teak framed beveled mirror
  •  Hand-held shower with curtain
  •  Exhaust blower
  •  Grohe faucet, single lever, polished chrome
  •  Storage cabinet


GUEST STATEROOM:


Opposite the Day/guest head to port is the Guest stateroom with twin single berths, custom bedspreads on each berth and storage below and between the berths. A pocket door slides shut for privacy. There is a cedar lined hanging locker, (4) built-in teak drawers under the berths, teak framed beveled mirror, custom innerspring mattresses, overhead hatch with Oceanaire screen and shade plus a CO2 detector.


MASTER STATEROOM:


Finally, we enter the Master Stateroom all the way forward. Here one will find a large centerline queen berth with custom mattress. Storage is plentiful with port and starboard cabinets, 1 large cedar-lined hanging locker, and drawer storage under the berth as well a courtesy lighting under the berth. To port is the private master head with separate shower stall and granite counter tops. The exquisite cabinetry flows throughout the vessel giving her a warm and inviting interior.


MECHANICAL

  • Twin Caterpillar C-12 diesel engines - 705HP each. 1000-hour service completed in 2017, including all coolers serviced, after coolers replaced, valve adjustment, and cooling service. Aprox 1200 hours on engines.
  • December 2024 New After Coolers and heat exchangers pulled and cleaned as per Caterpillar recommendations that this is done every 6 years no matter how many hours on the engines.
  • Large vertical Centek mufflers for superior noise reduction
  • Racor duplex 75/900 fuel filters on each engine
  • Onan 13.5 KW Generator with sound shield
  • Racor 500 fuel filter for the generator
  • Delta T engine room ventilation/moisture eliminator system
  • Twin disc MGX5114A transmission w/1.92:1 reduction
  • 2022 installed new PYI prop shaft seals and boots
  • 2025 Tuned, reconditioned by Black Dog Propellers and re-installed props and coated with Petit prop protect
  • 2023 Installed new galvanic islotator
  • 2024 Carbon Monoxide detectors replaced
  • Engine room camera system
  • Fireboy automatic fire extinguishing system with engine shut down
  • Aquamet 22 SS shafts
  • Slepnier Side-Power SP 155TC bow thruster
  • Power assist hydraulic steering
  • Sureflo fresh water pump
  • Jabsco fuel transfer pump
  • Seastar hydraulic steering system with power assist
  • Whale Gusher 10MK-3 hand bilge pump
  • Bennett trim tabs
  • Remote fuel tank switch at helm
  • Engine room sound insulation
  • Ball valve on thru hulls above the waterline (bronze)
  • Groco Safety seacocks on engine raw water inlets
  • Sealand Vacuflush fresh water head system
  • (2) Sealand holding rank discharge pumps
  • Teinbridge 29X36 Nibral 4 blade props
  • Sealand 20 gallon hot water heater
  • (3) Rule 2000 gph auto electric bilge pumps
  • Kobelt single lever engine controls
  • (2) Whale Gulper 220 shower drain sump pumps
  • Block heaters
  • Engine room faucet (freshwater)
  • Exhaust system, sea water-cooled, with muffler
  • Gas/water separator on generator exhaust system


ELECTRONICS

  • 2021 Garmin 8612 GPS/Plotter
  • Furuno Navnet system; Radar and GPS plotter
  • Simrad AP-26 autopilot
  • Simrad Depthsounder
  • Simrad wind and Nav log
  • Icom M-602 VHF
  • ACR spotlight
  • Dish TV satelite
  • Samsung LED HDTV
  • Fusion 600 series stereo
  • Speakers
  • Intelliam HD DVR DSS receiver 2012
  • Air horn

ELECTRICAL

  • Marine reverse-cycle air-conditioning system with (4) 16,000 BTU compressors and 5 air handlers
  • Shore power inlet, 50amp aft, (1) Glendinning Cablemaster wtih 75' cable (New 50amp cord 2019)
  • Engine room camera
  • 120v and 12v lighting in the engine room
  • Kahlenberg air horm
  • 12v battery charger
  • 2023 new galvanic isolator
  • Voltage meters
  • 110V/220V AC electrical system
  • (2) 8D AGM batteries for main engines
  • (2) 8D AGM batteries for house service
  • 8D AGM battery for the bow thruster
  • Group 27 AGM battery for the generator
  • All AGM batteries changed in 2021
  • Battery disconnect switch
  • Battery parallel switch
  • Battery condition indicator
  • AC/DC distribution panels
  • 24V battery charger
  • Isolation transformer
  • Central bonding system
  • Alternator on each engine and generator
  • Alarm and indicator panel
  • Engine start/stop, single station with sychronizer and slow vessel mode controls
  • DC fuel transfer pump
  • Wiring marine grade tin-plated copper
  • Rudder angle indicator
  • Engine room lights,
  • AC fluorescent lights with diffusers
  • Automatic bilge pumps
  • Outlets throughout with GFCI protection
  • Holding tank level indicators
  • Vimar electrical switches and outlets
  • Inverter

HULL AND DECK

  • 2025 All exterior teak stripped and revarnished
  • July 2025 vessel has been completely detailed, cleaned, compounded and waxed on both the hull and cabin top
  • Salt water anchor wash down
  • (8) side opening ports with screens
  • (5) sky light hatches with screens
  • Dual Kahlenberg Zero series air horns
  • Deck fills for water, fuel and waste
  • Exalto electronic windshield wiper controls
  • Teak swim platform with ladder
  • Self-draining anchor locker
  • Maxwell VWC 2200 chain/rode DC electric windlass
  • Delta 55# Fastnet plow style anchor with 200' hi-tensile chain
  • Spare Delta Anchor located in bow
  • Stainless steel Anchor platform with single stainless steel roller
  • Stainless steel chocks and mooring cleats
  • Aluminum mast
  • CATV/phone inlet
  • 2011 Freedom Lift on transom with removable arms for a dinghy
  • Foredeck lockers port and starboard
  • Varnished grab rails
  • Rail gates port and starboard
  • Stainless steel safety rails
  • Teak toe rail
  • Heavy duty vinyl with stainless steel insert rubrail
  • Dorade boxes with chrome cowl vents
  • Canvas covers for cockpit coamings, teak grab rails and dorade vents
  • Canvas cockpit cover with stainless aft removable rods
  • Opaque Stamoid cover for windshield
  • Mesh screen covers for all salon windows
  • Fresh water washdown
  • Navigation light boards in teak
  • Pop-up cleats
  • Bow and stern flag poles with holders
  • Non-skid awl-grip, side and forward cabin house deck and hardtop (color Moondust)
  • Windows are tempered glass, fitted, bonded, flush installation
  • Awlgrip polyurethane painted Flag Blue hull with Cordonvan gold cove stripe and snow white boot stripe
  • Epoxy barrier undercoat
  • Solid fiberglass hull under the waterline and PVC foam core above the waterline
  • Water tight bulkheads

HULL DESIGN

The highly acclaimed Eastbay hull has a modified deep-V designed by the renowned naval architects at Ray Hunt Associates. Many subtle features contribute to the superior ride of an Eastbay hull, starting with a sharp entry that keeps pounding to a minimum, with a forefoot designed to prevent bow steering and broaching. A high chine forward and spray strips knock down spray, add lift, and reduce the wetted surface, keeping the boat dry while providing greater speed and fuel economy. Widely-flared forward topsides creates buoyancy and reduces the potential for burying the bow in heavy seas. This design provides greater stability, allows the hull to bank into a turn and creates better handling and comfort.

EXTRAS

  • All dishes, pots and pans, glasses and utensils on the boat convey.
  • Teak folding table and teak folding chairs for use in the cockpit also convey.
  • There is a Life Raft but it has not been inspected and the sellers take no responsibility, it was part of the vessel when they purchased her. It will be the up to the next owners to get it inspected should they want it.

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.

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 meters. 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 brochure.

Listing MLS by Yachtr.com

About

Grand Banks Yachts – Timeless Elegance, Unmatched Craftsmanship

Since 1956, Grand Banks Yachts has been a benchmark in luxury yacht design and engineering, earning a reputation for their classic lines, impeccable craftsmanship, and superior seaworthiness. From their earliest days, Grand Banks has delivered yachts that stand the test of time, making them a top choice for discerning yachtsmen worldwide.

Grand Banks made waves with the iconic Grand Banks 36, the trawler that started it all in 1964. This groundbreaking design, known for its practical layout, efficiency, and seaworthiness, set the standard for their Heritage Series, which continues to delight cruising enthusiasts. The larger Grand Banks 42 also became a staple, celebrated for its spacious design and long-range capabilities.

In addition to the Heritage Series, the Eastbay Series brought a Downeast-inspired sporty style to the brand in the 1990s, with models like the Eastbay 38 and Eastbay 43 offering impressive performance and elegance. These yachts combined the charm of traditional styling with the power and speed modern owners demanded.

Today, Grand Banks’ modern lineup—including the Grand Banks 6054, and 85—seamlessly blends classic craftsmanship with cutting-edge innovation. Featuring advanced materials, fuel-efficient V-Warp® hull designs, and luxurious interiors, these models set new benchmarks for comfort and performance. With the addition of the sleek and stylish Palm Beach Series, Grand Banks caters to those who crave contemporary designs and exceptional efficiency.

Contact Us

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Southerly 49ft Grand Banks Yacht For Sale

Laird Larrimore

Yacht Broker

245 C Street

Solomons MD 20688 USA
Office: 1-410-829-2027
Fax: 860-345-1063
Cell: 1-410-829-2027
Email: llarrimore@breweryacht.com

The water has always been a part of my life since learning to sail aboard a Sailfish while vacationing in Chatham, Massachusetts. At twelve, I graduated to Penguins and 420’s at the Tred Avon Yacht Club in Oxford, Maryland. My parents always belonged to the Corinthian Yacht Club in Philadelphia and I often accompanied them on cruises aboard a Hinckley Bermuda 40 that we cruised in the Chesapeake.

Understanding banking after working 12 years for Loyola Savings and Loan of Maryland, I helped navigate the purchase of a 32’ Pearson Vanguard for a friend and taught him to sail. Loving the idea of sharing my passion for boating, I joined Oxford Boatyard Yacht Sales (in what is now Safe Harbor Oxford Boatyard and Marina) in 1990 and worked as a broker and office manager for 25 years. 

In 1993, Oxford Boatyard Yacht Sales became a dealer for Sabre and Back Cove Motor Yachts and I acquired an understanding and respect for powerboats. I worked closely with the boatyard commissioning new vessels and working as a liaison between new owners and the marina. I have an intimate understanding of the boat buying process - how to guide new owners through surveys, sea trials, registration, and documentation. 

I love all boats and each one has its own quality. Though I would consider myself a traditionalist in boat design, I like what the new designs offer in comfort and ability. 

 

My husband (of 30 years) and I live in Easton, Maryland. My husband is the rigging supervisor at Safe Harbor Oxford Boatyard and our daughter, having graduated from Washington College in 2020, is now teaching English as well as coaching the sailing team at the Gunston School in Centreville, Md. She has recently come on board as the Summer Sailing Director with the Tred Avon Yacht Club.

 

I am starting my 7th year as a broker with Brewer Yacht Sales and in addition to my office at Safe Harbor Zahniser’s in Solomon’s, Maryland I now have an office at Safe Harbor Oxford. This enables me to cover the territory from the Eastern Shore to Solomon’s Island and everything in between. 

 

I look forward to speaking with you and sharing my passion for boats. Let me help you find the perfect yacht or support and guide you in the sale of your existing vessel!