50' Grand Banks 1974



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Chuck Newman



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50' Grand Banks 1974 Canoe Island


Owner has health issues and says "Sell Immediately"! This Yacht is in very serviceable condition and the $96,000 Price Reduction is unrelated to any change in the condition. You will unlikely find a nicer example of this Classic Grand Banks 50 for any price. BRING OFFERS!

This 1974 Grand Banks 50 Europa is the last of 63 Woodies built by Grand Banks, and her current and previous owners have maintained her to an incredibly high standard; as though blessed with an obligation to preserve a national treasure. Canoe Island is the second home to a very knowledgeable and experienced boat owner who searched for over 20 years before finding and buying the best Grand Banks 50 of its era. Come aboard and any expectation that she will be only slightly larger than a Grand Banks 42 or 46 will quickly be dispelled when the reality sets in that Canoe Island is really a small ship! At 60 Gross Tons and 48 Net Tons, powered with twin John Deer 6-Cylinder Naturally-Aspirated 130hp Diesels, and a fuel capacity to yield over a 1,000 mile range, these models have proven to be world cruisers.

This yacht has been constantly updated and following are some of the upgrades done in the last few years:

  • The Main Decks have been fiberglassed
  • 3 New Deck Hatches installed in 2016,
  • New 2016 Kohler Generator Control Panels with Temp & Oil Pressure Gauges,
  • New 2008 110VAC Electrical Panels and wiring,
  • 2016 - 2 @ MasterVolt ChargeMaster Multi-Stage Chargers for each Battery Bank
  • 2015 - 6 New 12V Bilge Pumps w. Float Switches
  • New bonding system in 2008,
  • Freedom 25 Inverter,
  • 5 @ Group 27 Batteries,
  • 3 air conditioners updated
  • 2016 - 30,000 BTU CruiseAir Salon System Installed 
  • Topside painted 2013,
  • Varnish 2013 with full Sunbrella Exterior Covers,
  • Added a new Rocha 40 anchor,
  • 11ft Boston Whaler with 2010 15 HP Mercury 4-Stroke,
  • Electric Grill,
  • Full size stainless refrigerator.
  • 2016 - Electronics Upgraded with a 19" Acer Color Monitor displaying integrated data from the Raymarine E-80 Color GPS Chartplotter
  • Late 2014 - the Hull was Sandblasted, Caulked, Sealed with two coats of epoxy,
  • 2014 - Primed, and Bottom painted.
  • Out of the water Hull Inspection in November 2014
  • Dropped ceiling removed in most areas and exposed structural beams painted; providing an an updated architectural appeal plus additional overhead spaciousness. .

She is berthed at the St. Petersburg Municipal Marina in a highly desirable slip that is transferable to the new owner so you won't have to be like others who are on an 18 month waiting list for slips at this perfect downtown location. If you are looking for a 3 Bed/3 Bath Waterfront home, capable of cruising when you decide to escape for awhile, then Canoe Island is worth inspecting.

Call today to schedule a personal inspection before you lose this opportunity to own one of the great classic yachts available on the market today. 



Grand Banks


50 Europa

Cruise Speed:


Max Speed:


Range NMI:



16' "

Engine Details:

American Marine/John Deere 404 6-Cylinder

Engine 1:

1974 839.00 HRS

Engine 2:

1974 839.00 HRS

Engine Fuel:

Inboard Diesel

Fuel Capacity:

1200 GAL

Water Capacity:

540 GAL


This 1974 Grand Banks 50 Europa is easily boarded from either side deck via opening boarding gates with a custom-made portable Teak Grate suspension step that can be hung from the Teak Railing on either side of the vessel. The Europa style side-decks and Cockpit areas have hardtop roofs that provide shelter from rain or sun.The Cockpit is nicely furnished with outdoor weatherproof furniture, and all the decks have had the original teak decking removed and they have been refinished and painted with a two-part linear polyurethane with non-skid areas where necessary.

Enter the Salon through French Double Teak Doors with Built-in Windows and the spacious Dining area is to Starboard with a long Settee to port as well as a 42" LCD TV on an adjustable mount providing options for viewing. Flooring is beautiful gloss varnished Teak Parquet and the original ceiling fabric has been removed throughout this yacht exposing the original beams which are painted white, providing texture and additional headroom as well as perceived additional spaciousness.One A/C system is located under the dinette aft settee.

Forward to Starboard is the U-Shape Galley with overhead cabinets and a multi-level countertop, partially separating the Galley from the Dining and Salon area. The Galley has double SS sinks, a 3-burner Propane Stove and Oven, Microwave, as well as a 2013 Whirlpool SS full-Size Refrigerator with Freezer. There is plenty of storage and countertop space to satisfy the current professional chef/owner.

Moving forward, the railing-enclosed curved staircase is close to the centerline and descends to the lower level. Outboard to Port of the staircase railing is a walkway leading to the spacious full-beam Pilothouse with side doors on each side and a 8' raised bench seat aft, with storage above and below. The well-equipped helm features a new 19" Acer Monitor displaying the integrated Navigation system driven by the Raymarine E-80 GPS Chartplotter. Both helms feature a traditional varnished wooden steering wheel with spokes and bronze accents.

Descend the varnished teak stairs to the lower level and the original gloss-varnished Parquet Teak Floors provide continuity of style and elegance throughout this yacht. The V-Berth is all the way forward with approx. 7' of headroom, varnished teak slats on the inner hull, cabinets with hanging lockers below, storage cabinets above the countertops, and drawers under the V-Berth provide plenty of storage for guests to unpack their suitcases and move onboard.

Aft of the V-Berth to Port is a Head with Vanity and sink, but the toilet has been removed to make it a storage area; and can be easily converted back. Further aft to Port, before the staircase, is another spacious Head with vanity, sink, toilet, lots of storage, and shower stall.

Opposite is the Guest SR with over/under Bunk beds, 4 large drawers under the lower berth, a built in desk aft with shelves above where all the ship's logs and system manuals are stored. Forward in this Stateroom is a built-in dresser with a TV above and a deep hanging locker/closet outboard.

Moving aft in the hallway is the Starboard Walk-In Engine-room with dual entry doors, easy to access to all sides of the 130hp Diesel Engine, a work-bench area, plenty of peg-boards with spares of all kinds, plus lots of tools. In this engine room is the hot water heater, raised up on a shelf, holding tank, as well as spare prop, sight tubes for the Starboard Fuel Tanks which are located aft of the engine and form the aft wall of the engine room are easy to read, as well as two Group 27 Batteries and one of the two MasterVolt Battery chargers.

Opposite, across the hall is the Port Engine-room with easy access to all sides of the Port Diesel engine, as well as to the 19.5KW and 6Kw Kohler Diesel Generators that are located outboard of the main engine and raised up on a platform. Three additional Group 27 batteries are located forward of the main engine. The bilges in this lower level are dry and clean. Fuel tanks and sight tubes are located aft of the Port engine, as well as another new MasterVolt multi-stage Battery Charger.

Further Aft to Starboard beyond a solid varnished teak Hallway door is the Master Head with a bathtub, shower curtain above, vanity with sink, Electric Head and plenty of storage above and below the countertops.

All the way Aft is the Master Stateroom with a Queen Centerline Walk-around Bed and to Port are the stacked Bosch front-loading Washer & Dryer with a decorative free-standing hinged woven straw room-divider screen to hide them when not in use. Further aft to Port are 3 adjacent full-height Hanging Lockers with sliding panel varnished teak doors on each section and a deep and 36" wide drawer at the bottom of each locker.

Further Aft to Port and Starboard on either side of the bed are built-in teak Dressers each with Four banks of drawers well-suited for a King and Queen. Next to each side of the head of the bed against the aft bulkhead are two built-in night-stands with storage below and two free-standing lamps. Above the Port dresser is an aft-facing, wall-mounted 36" LCD TV. Forward of the Starboard Dresser is a full-height Hanging Locker with a drawer at the bottom.

Al spaces are dry, odor-free and well ventilated by the upgraded A/C systems with reverse heat, as well as bronze opening ports in every area. The exposed ceiling beams in the lower level are painted white and add additional space and light to these areas.


No one made wooden hulls of the quality of Grand Banks in the 1970's. Canoe Island has had the best of care over the years, including some minor preventive bottom re-planking in 2014 when last hauled for bottom paint and a survey by a well-respected experienced SAMS Accredited Marine Surveyor. Her more recent in-the-water survey was completed in May 2015 and all surveyor recommendations were followed and remedied. The current owner has made many improvements and upgrades since that time. 

A Europa-Style Trawler, this 1974 Grand Banks 50 has an expansive foredeck, with seating and storage under it in front of the pilothouse, wide side decks with access to the Pilothouse from either side, and a full beam, hardtop covered aft deck.The foredeck has a heavy-duty 12V Windlass with chain & rope gypsies, a 40# Rocna Anchor with all-chain rode on the anchor pulpit and roller, as well as a large Danforth anchor stored on deck. All teak hand-rails and teak trim is varnished and is covered with recently made Sunbrella sun-covers. All deck hatches, including 3 new custom teak and smoked Plexi deck hatches are also covered with custom Sunbrella covers.

The Flybridge is accessed from a ladder on the port side of the aft deck which leads to the aft flybridge deck with SS railings on each side, a pivoting BitecNomare aluminum Super Winch Davit capable of lifting and lowering a 2008 11'4" Boston Whaler Tender with a 15hp Mercury 2007 4-stroke Outboard motor, stored on chocks.

Moving forward the Flybridge is enclosed with Sunbrella and U-Zip vinyl side curtains and a Bimini top of Sunbrella stretched over an aluminum tubed frame. The helm is centered all the way forward with back-to-back bench seats, with propane storage and a 2016 30,000BTU Cruise-Air Air Conditioning system ducted to the main level below. The helm has a varnished wood steering wheel, Morse Engine Controls, engine gauges, as well as navigation electronics. Additionally, for entertainment, there is a 50" LCD TV and refrigerator within the enclosure.

This 1974 Grand Banks 50 Europa Trawler is well-equipped for cruising with updated navigation electronics. With a choice of driving from the Pilothouse or Flybridge helm, you will find the the following integrated systems & navigation equipment:

  • Raymarine E-80 Color GPS/Radar Chartplotter on Flybridge (FB)
  • 19" Acer Color Display at Pilothouse Helm (PH), driven by the E-80 Chartplotter
  • Raypilot 650 w. ST600R Remote Autopilot (PH)
  • JRC Color Depth Display (PH)
  • Raymarine 215 VHF (PH)
  • ICOM IC-M304 VHF (FB)
  • Ritchie 6" Compass (PH)
  • Danforth 6" Compass (FB)

Entertainment electronics include:

  • 4 Televisions (Salon, FB, Guest SR, Master SR)
  • Samsung DVD Player (salon)
  • Pioneer Stereo (Salon)
  • Polk Audio Exterior Stereo Speakers (Sundeck)

Equipped with two diesel generators, 125V and 220V Shorepower and a 12V electrical system with 5 Group 27 Batteries and two new Battery Chargers, this 50 Grand Banks Europa 1974 is equally comfortable underway, at anchor, or at your favorite marina. The electrical system features:

  • 19.5 Kw Kohler 4-Cylinder Diesel Generator with 910 hours
  • Kohler Generator Control Panel (2016)
  • 6.0 KW Kohler 3-Cylinder Diesel Generator with 1,825 hours
  • Kohler Generator Control Panel (2016)
  • 50A Shorepower Service with 4 new 125V & 120V Panels (2016)
  • 3 A/C Systems; 30,000 BTU CruiseAir for Salon/Galley/Pilothouse level (2016)
  • 16,000 BTU Lunne Air in Salon for Master Stateroom
  • 16,000 BTU AquaCool A/C System in V-Berth & Guest SR
  • MasterVolt 20/70-3 Multi-Stage Battery Charger (2016)
  • MasterVolt 20/50-3 Multi-Stage Battery Charger (2016)
  • 5 Group 27 12V Batteries
  • 12VDC System with labeled Circuit Breakers
  • 12V and 120V Lighting and GFCI Code-Compliant Outlets
  • 4 @ 12V Bilge Pumps & 1 @ 120V Bilge Pump with Automatic Float Switches
  • Bosch Stacked Front-Loading Washer & Dryer

Canoe Island has twin 130 HP American Marine/John Deere 404 6 Cylinder Diesel Engines with only 839 hours. These efficient and long-lasting engines have Velvet Drive Transmissions , Racor fuel filters and are freshwater cooled. The separate engine rooms are spacious and provide easy access to all sides of each engine. This 1974 Grand Banks 50 Europa has full engine instrumentation at the Pilothouse helm and the Flybridge helm.

In addition to a pressure water system with a Whirlpool 120V water heater located in the Starboard Engine room, there are Four 12V Bilge pumps and one 120V Bilge Pump; all equipped with automatic float switches. Additionally, this vessel is equipped with a high bilge water alarm system. The sanitation system includes 3 VacuFlush Toilets; one in the Guest Head, one in the forward Head, and a Galleymaid toilet in the Master Head. 

This listing is presented to you courtesy of a member of the International Yacht Brokers Association and may be centrally listed with another broker. It is offered as a convenience by this broker/dealer to its clients and is not intended to convey direct representation of a particular vessel.

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.

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