a boat with computers aboard BALMY Yacht for Sale

a living room with a couch and a table aboard BALMY Yacht for Sale

a bathroom with a toilet and a mirror aboard BALMY Yacht for Sale

a car engine with a few parts aboard BALMY Yacht for Sale

Asking
$159,000

BALMY Yacht for Sale

Length 38' 2" (11.58m) Builder Grand Banks Yachts Build 1999

Guests: 4
Cabins: 1
Asking Price: $159,000

BALMY is a well-maintained 1999 38' Grand Banks Eastbay EX. Powered by Caterpillar main engines, which received a full cooling system service in December 2025, she cruises comfortably at 22 knots and reaches a top speed of 30 knots. A newer Northern Lights generator with low hours and an upgraded Furuno electronics package further support efficient operation.

Her layout features an open cockpit and helm layout ideal for easy boarding and entertaining. Below, the Eastbay 38’s exceptional layout accommodates up to four guests, while a custom commercial-grade refrigeration system in the galley enhances onboard capability. An easy-to-operate dinghy davit located on the transom rounds out a well-equipped platform suited for both day cruising and extended time on the water.

Highlights

Cooling system on the main engines was fully serviced in December 2025
Custom commercial grade refrigeration system in the galley
Proven, reliable Caterpillar main engines
Newer Northern Lights generator with low hours
Easy-to-operate dinghy davit located on the transom
Open cockpit and helm layout, ideal for easy boarding and entertaining
Upgraded Furuno electronics package
The Eastbay 38 features an exceptional layout below, comfortably accommodating up to four overnight guests

Amenities

Crane

In The News

Specifications

Builder	Grand Banks Yachts
Length (LOA)	38' 2" (11.58m)
Year	1999
Gross Tonn.	20
Draft	3' 6" (0.91m)
Beam	13' 2"
Range	300 NM

Accommodations

Staterooms	1
Sleeps	4
Heads	1

Dimensions & Capacity

LOA	38' 2" (11.58m)
LWL	160' 10" (49.2m)
Min Draft	3' (0.91m)
Max Draft	3' 6" (0.91m)
Fuel Tank	344 g (1,302 L)
Fresh Water	95 g (359 L)
Gross Tonn.	20

Construction

Hull Material	Fiberglass
Hull Config	None
Ext. Designer	Grand Banks Yachts
Int. Designer	Grand Banks Yachts
Max Speed	30 Knots
Cruising Speed	24 Knots
Range	300 NM

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Full Details

Accommodations/walkthrough

Step aboard the 38 Eastbay from the swim platform and into a beautifully maintained, classic Grand Banks interior. Below, rich teak finishes highlight the quality craftsmanship throughout. The galley to port and is well-equipped with a three-burner stove, microwave, stainless steel sink, and custom heavy-duty refrigerator, along with ample storage and counter space.

Adjacent is a comfortable dinette with a teak table that converts to a double berth for guests, surrounded by built-in cabinetry and warm lighting. The enclosed head features a VacuFlush head, molded sink with vanity, wraparound shower, and opening port for ventilation.

Forward, the master stateroom offers a desirable island queen berth with generous storage and a solid teak door for added privacy.
On deck, wide side decks, stainless steel grab rails, and a varnished toe rail reflect her cruising heritage, while the stainless windshield and Bimini top provide protection and excellent visibility.

A timeless, well-built cruiser blending classic style with practical comfort.

Salon

The salon offers a comfortable and versatile living space, highlighted by a U-shaped settee with a hi-lo table that easily converts into a double berth for additional guests. Teak and holly flooring adds classic warmth, while dual portlights and an overhead hatch provide abundant natural light and ventilation. Entertainment and functionality are enhanced with a Samsung TV, stereo system, integrated reading lights, AC/DC electrical panels, and a multi-function display, creating a well-balanced space for relaxing or entertaining onboard.

• U-shaped settee with hi-lo table converting to a double berth
• Samsung TV
• Dual portlights
• Overhead hatch for natural light and ventilation
• Teak and holly flooring
• Stereo system
• Reading lights
• AC/DC electrical panels
• Multi-function display

Galley

The galley is both functional and well-appointed, featuring Corian countertops, dual stainless-steel sinks, and ample dry storage. Equipped with a Princess 3-burner propane stove with oven and a matching microwave, it offers everything needed for onboard meal preparation. A custom stainless-steel icebox and Grunert refrigeration system provide reliable cold storage, completing a thoughtfully designed space for extended cruising.

• Princess microwave
• Corian countertops
• Custom stainless steel icebox
• Princess 3-burner propane stove with oven
• Dual stainless steel sinks
• Grunert refrigerator system
• Dry storage cabinets

Master Sateroom

The stateroom is thoughtfully designed with a preferred island queen berth, offering comfort and easy access from both sides. Storage is well-appointed with hanging lockers and three drawers beneath the berth. Natural light and ventilation flow through stainless steel portlights and an overhead hatch, while teak and holly flooring and integrated reading lights create a warm, classic yachting ambiance.

Preferred island queen berth
Hanging lockers
Stainless steel portlights
Overhead hatch for natural light and ventilation
Built-in reading lights
(3) storage drawers beneath berth
Teak and Holly flooring

Optional Dimensions

Optional Machinery

Helm

Engine And Mechanical Equipment

Powered by reliable twin Caterpillar 3126TA engines rated at 420 HP each, with cooling system service just complete 12/25, this vessel delivers dependable performance and efficiency. Supporting systems include a Northern Lights 5kW generator, Sea Recovery watermaker, and a Reverso oil change system for simplified maintenance. The engine room is easily accessed via a hydraulic hatch, while a Glendinning engine synchronizer and Bennett trim tabs ensure smooth, balanced operation underway

• Twin Caterpillar 3126TA engines, 420 HP each
• Northern Lights 5kW generator
• Sea Recovery watermaker
• Bennett trim tabs
• Hydraulic engine hatch for easy access
• Reverso oil change system
• Glendinning engine synchronizer

Electrical Equipment

Anchor System

Cockpit

The vessel features beautifully maintained full teak decks complemented by a teak toe rail and custom stainless steel grab rails throughout. The cockpit is well-appointed with dual flush deck storage lockers, stereo speakers, and a hot/cold transom shower, while the teak swim step and transom door provide easy water access.

• Teak swim step
• Transom door
• Hot/cold transom shower
• Full teak decks with teak toe rail
• Custom stainless steel grab rails
• Maxwell windlass with dual station controls
• 300’ chain
• CQR anchor
• Jabsco remote floodlights
• (2) cockpit LED lights mounted on custom radar arch
• Pompanette helm seat
• Dual flush deck storage lockers
• Custom stainless steel transom davit
• Cockpit stereo speakers
• Shore power inlet

Remarks

BALMY represents the perfect blend of a classic Catalina cruiser and thoughtful modern upgrades. With recent engine service completed, she is turnkey and ready for summer cruising. Well-equipped with a newer generator, watermaker, updated electronics, and a custom stern davit, BALMY offers both comfort and capability, making her an ideal choice for Catalina Island adventures and coastal cruising alike.

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