Grand Banks Sedan 32
Hull #163
Ford Lehman
Diesel 120HP
Portsmouth NH


Grand Banks Sedan 32
Hull #163
Ford Lehman
Diesel 120HP
Portsmouth NH



1969 Grand Banks Sedan Trawler 32


  • 120hp Ford Lehman Diesel engine, 6-cylinder
  • Cruising Speed of 6.5 knots
  • Fuel consumption is 2.5 gph at cruising speed
  • Aluminum fuel tanks hold 104 gallons
  • Forward v-berth sleeping quarters for 2 adults
  • Bathroom toilet, sink and hot and cold water shower
  • Double bunk settee sleeps 2
  • Convertible dinette sleeps 1-2
  • Kitchen with sink, fridge and 4 burner gas stove/oven
  • Fresh water and black water holding tanks
  • Flybridge seats 6 adults
  • Cockpit seats 4 adults
  • Upper and lower helm controls
  • See all recent updates— noted in “Recent Work”

For sale is Kealoha, a 32′ Grand Banks Trawler built in 1969 by American Marine Ltd. We purchased her in July 2020 and personally invested more than 3000 hours of renovation work topped off with fresh coats of paint and varnish– added with hints of vintage, tiki-styled decor that compliments the natural teak throughout.

UPDATE 11/24/23: The slip is paid through March 31st, 2024. She is not perfect and needs cosmetic work (paint and varnish and few other smaller things). She has a few electrical problems to be addressed but doesn’t stop her from cruising. We updated the sale price to reflect that. The Summer of 2023 we worked on exterior cosmetics around the deckhouse, replaced the starter and house batteries and other small tasks. See our project list here. Reach out to take a look. 

This Grand Banks Sedan 32 has generous side decks to the bow; a large cockpit and flybridge that extend the living space. It has great fuel economy with a reliable diesel engine. It has a bright, comfortable cabin, functional galley, and upper and lower helms … this Grand Banks 32 is a quintessential classic of timeless craftsmanship. A perfect pocket cruiser!

Why are we selling Kealoha?

We have limited time for Kealoha. We wish it were not so… if we were retired, we’d keep her! We also have a bad back and performing the 1st mate duties (regular maintenance, dock lines, gaffing mooring balls, dropping/hoisting the anchor, etc.) is quite a bit to manage without re-injury. We plan to downgrade to a smaller vessel. Not sure what we’ll decide on … something that is less than 17,000lbs and easier on the back!

We do want to see her go to someone who will appreciate her and who will embark on new adventures rather than have her sit idle.

Please reach out about scheduling an appointment to see Kealoha… or if you have any questions. Click the chat icon at the lower right of the screen or send us a note through the form. ~ Kimberly & Neil


Recent upgrades include rebuilt/replaced wood rot sections and window frames, slider windows replaced, all new topside and bottom paint, new zinc anodes, new inverter/charger, new starter, new drive damper plate, flybridge steering and more documented work. Previous overhauls were in 2016 with new forward and side decks and in 2010 with new cockpit with replacement teak. She comes with a long list of documentation, maintenance, receipts, manuals and instructions. She does require annual maintenance, paint touch ups and brightwork here and there. She is not perfect, but she is a cruiser and she certainly brings us a perfect smile everytime we step aboard 🙂

We’ve taken great care of her and the same by all her previous owners… she is well equipped and ready for new adventures! We’ve taken her on day trips and overnight stays from Portsmouth to; the Isle of Shoals, Boothbay, Provincetown, Gloucester, Martha’s Vineyard, multiple trips whale watching through Stellwagen bank and day cruising. She is a beautiful cruiser that turns heads!

She has panoramic water views, 3 exterior lounging areas, full living space, and ample accommodations for 2 adults. We refitted Kealoha for the ultimate coze and comfortable living! The deckhouse includes a convertible dinette and settee that converts to 2 bunks that can sleep an additional 3-4 adults. There is a small galley (kitchen) forward to port. Galley has a fridge with a small freezer, sink, 4 burner gas stove and oven. Large windows provide 360° panoramic views of the water. Below are the forward vee berth sleeping quarters, storage locker, and head (bathroom). The full-size bed can be converted to 2 twins. The head is a full-functioning wet bath with a hand-held shower built into the forward wall over the head (toilet).

Kealoha is a unique gem that is well cared for and a treasure that is close to its original glory. She is a wooden boat that requires annual maintenance and care. She’s been in the water all her life. We give her love and she gives back a lot more love in return. She deserves to be loved!

She is currently in the water at a dock slip in Kittery Maine. Schedule an appointment to come see her! 


360° panoramic views, bright and ample living space in the deckhouse. 

Large flybridge and upper helm comfortably seats 6 adults.

Cockpit area and slider door to deckhouse. Onlookers always comment on our hibiscus flower window box and the octopus tentacle door handle.

  • 2023 (August) Replaced Starter Battery. Optima BlueTop D31M, sealed marine battery, 900 cold cranking amps, 1125 marine cranking amps, 75 ah, 155 reserve capacity
  • 2023 (August) Replaced House Batteries. Replaced old 6V in-series golf-cart batteries (450 ah) with new Duracell deep cycle batteries, totaling 860 amp hours.
  • 2023 (July) Cosmetic repairs, paint around deckhouse interior and exterior, cosmetic work on flybridge dash, flybridge hood
  • 2022 (October) Added new West Marine 12V fresh water pressure pump.
  • 2022 (September) Replaced starter, have a rebuilt starter as a spare
  • 2022 (August) Painted mast and installed LED spotlights on mast forward and aft
  • 2022 (July) Rails and trim sanded and varnished
  • 2022 (April) Drive Damper plate replaced (removed all materials left over in flywheel housing from previous work, painted flywheel bell housing and transmission)
  • 2021 (August) Replaced accumulator tank
  • 2021 (April-July) All new decor and furnishings: window blinds, window and door pulls, throw pillows, bedding and linens, lamp shades, lighting, all incandescent bulbs switched to led, kitchenware, beaded curtain, faux plants, dashboard hula figurines, solar tiki torches, flybridge furniture, outdoor pillows and more
  • 2021 (July) Hull bottomside inspected, sanded, seams recaulked, primed and bottom painted
  • 2021 (July) Zinc Anodes replaced on rudder and prop shaft
  • 2021 (July) Hull topsides, exterior bulwarks, rot repaired, all planks inspected, any planks caulked, primed and painted.
  • 2021 (May) Flybridge deck sanded, faired. Painted in White and Seattle Grey polyurethane non-skid. (Flybridge deck is fiberglass over plywood.)
  • 2021 (Mar-Apr) Interior deckhouse panels were stripped to bare wood, any rot repaired,  penetrating epoxy-sealed, primed and painted in Petit White.
  • 2021 (Feb-April) Sliding window frames in salon rebuilt with TotalBoat fairing compound, sealed, primed and painted. Side and forward decks were sanded, primed and painted in Petit EXPoxy White polyurethane. Replaced Slider door roller hardware. Added keyless doorlock. Added Octopus handle.
  • 2021 (Jan-Apr) Exterior deckhouse panels were stripped to bare wood, any rot repaired, portside plywood section replaced, penetrating epoxy-sealed, primed and painted in Petit EXPoxy White polyurethane.
  • 2020 (November) Replaced inverter/charger with new Xantrex Freedom XC 2000W True Sine Wave Inverter/Charger  w/Bluetooth Remote Panel
Products and Materials used
  • Interlux Seam Compound Brown (below water line)
  • Interlux Seam Compound White (above water line)
  • Sikaflex 291 Sealant (seams)
  • Total Boat Total Fair fairing compound
  • Total Boat Penetrating Epoxy
  • Pettit EZPoxy White polyurethane paint (deckhouse)
  • Pettit EZPoxy Navy polyurethane paint (hull)
  • Pettit EZPoxy Seattle Gray polyurethane paint (decks)
  • Petit Trinidad HD Antifouling paint (bottom)
  • Pettit EZCabinCoat White (interior)
  • Petit Wood Sealer
  • Petit Captain’s Varnish
  • Petit Flagship High Build Varnish
  • Merranti Marine Plywood
  • 2016 Entire side and forward decks removed, frames replaced as needed, new double layer 1⁄2 in marine plywood decks installed, glassed over with West System and painted.
  • Teak swim platform with swim ladder and teak exterior trim finished in varnish.
  • Cockpit sub-plywood has been replaced, and covered with replacement teak, which has been glued, not screwed down.
  • 2010 Hull topsides and exterior bulwarks were stripped to bare wood, any rot repaired, and repainted.
  • 2010 New bronze rubrails.
  • 2003 Inside cockpit coamings and transom coamings replaced.
  • 2006 Larger 150 amp alternator installed.
  • 12V DC and 110V AC electrical systems.
  • 2015 Four 6V in-series golf-cart house batteries, totaling 450 amp hours.
  • 2015 12V engine starting battery.
  • 2007 DC circuit breaker panel and much wiring replaced.
  • 2007 Smart regulator and battery combiner.
  • 2006 High output 150 amp alternator.
  • 2002 Xantrex Link 1000 battery monitor system.
  • 2001 AC circuit breaker panel and wiring replaced.
  • 1998 Zinc Saver galvanic isolator on 110V system.
  • 1999 Ammeter replaced.
  • 2018 Replaced macerator pump.
  • 2017 Replaced forward cabin headliner and sides.
  • 2017 Replaced windlass.
  • 2016 Replaced head with electric/manual head.
  • 2016 Side and forward decks removed, frames replaced as needed, new double layer 1⁄2 in marine plywood decks installed, glassed over with West System and painted.
  • 2010 – Cockpit sub-plywood has been replaced, and covered with replacement teak, which has been glued (not screwed) down.
  • May 2001 replaced cutlass bearing.
  • June 2001 – replaced fuel lift pump and fittings and lines into and out of the pump.
  • October 2001, installed salt water wash down.
  • May 2000 – replaced 9′ section of starboard garboard, reefed and recalled port garboard joint, replaced plywood sub-transom around exhaust pipe, replaced macerator pump. 
  • 1997-2001 – replaced cabin lights forward in forward cabin and head.
  • March 1999 – installed Ferris battery link.
  • January 1998 new galley sink.
  • January 1998, replaced shore power cable with ground from port side outlet to AC panel with galvanic isolator and ground buss bar.
  • March 1998, new Y-valve.
  • June 1998, installed second bilge pump with high water alarm, replaced 2 sections (3’x5′) of top plank-starboard side midship and aft, replaced 30″ section of plank under raw water intake.
  • August 1998, replaced 9 gallon holding tank with 25 gallon tank, replaced salon seat cushions, stripped and painted hull from toerail to keel.
  • April/May 1998 – removed salon windows on starboard side and aft side, replaced 8’x8″ plywood section above windows, replaced cracked forward slider and aft facing windows, replaced window channels, replaced fixed glass window in head, stripped, epoxied and painted house exterior including flybridge exterior, replaced rudder post bracket.
  • August 1997 – replaced forward salon window, port side, also 6″x36″ plywood section underneath.

Maintenance routine, upkeep and further info provided on request.

  • Type: Wood, Trawler
  • LOA: 31ft 11in
  • LWL: 30ft 9in
  • Beam: 11ft 5in 
  • Draft: 3ft 9in
  • Displacement: 17000 lb
  • 120HP Ford Lehman Diesel
  • Cruising speed 6-7 knots
  • 3 blade bronze propeller
  • Fuel: 104 gallons in 2-52 gallon aluminum tanks– new in 2010
  • Water: 141 gallons in 1-110 gallon S/S tank, 1-25 gallon poly tank, 1-6 gallon hot water heater
  • Holding: 25 gallons in poly tank with y-valve to direct discharge or holding tank
  • Space for additional water tankage if desired
  • Carvel Lauan planking on yacal sawn frames.
  • Teak planked transom, sanded unvarnished.
  • Hull topsides are Navy with White boot stripe.
  • Bottompaint is green antifouling paint by Pettit Trinidad HD
  • Sleeps 5-6 in an elegant varnished teak interior. Chain locker at forepeak
  • Forward cabin with vee berth and filler piece; vee berths have been widened 4″ at the shoulders for more comfortable sleeping; 5″ mattress for forward berth.
  • 2021 Jungalow Blanket, Pillow cases and throw pillows
  • Forward cabin storage: drawers under berths, bookcase forward, hanging locker aft to port. Overhead hatch in forward cabin for light and ventilation.
    Reading lamps added within last 15 years to forward cabin.
  • Enclosed head to starboard with 2014 Raritan electric/manual combo MSD.
  • Y-valve, holding tank & deck pump-out.
  • Head includes a sink, shower, and storage in several lockers.
  • Forward cabin sole is covered with 2021 wood rollout slats over astro turf
  • Main salon is bright with large sliding windows and 2021 new brass window handles
  • Lower helm is to starboard and galley is up and to port.
  • Single settee to port with a backrest that flips up to create 2 bunks.
  • L-shaped settee is to starboard with a table that lowers to convert to a double berth.
  • Storage is below each settee.
  • Sunbrella cushion covers
  • 2021 matchstick roller blinds in salon.
  • Varnished teak parquet sole.
  • Teak liquor cabinet, several drawers, and a bookshelf.
  • Hard laminate overhead ‘headliner’ installed in berth, head and saloon within last 17 years.
  • 4-burner Magic Chef propane stove and oven.
  • 2008 20 lb S/S propane tank.
  • Nova Kook 12V refrigerator with small freezer compartment
  • Sink with hot & cold pressure fresh water.
  • 2021 New Faucet with Pull Down Sprayer Head
  • Several lockers.
Engine & Mechanical
  • Single Ford Lehman 120 HP diesel, 6 cylinder, FWC
  • Great performing engine
  • Approximately 5465 engine hours (meter reports 2964). We cruised 176 hours between 2020-2022. 2018 Survey reported hours to be 5289. American Diesel reports the Ford Lehman 120 hp diesel has a history of running more than 15,000-20,000 hours if maintained properly.
  • Velvet drive 2:1 reduction gear.
  • Racor 500 fuel filter with pressure gauge.
  • Stainless engine pan.
  • Waterlift muffler.
  • Morse engine controls.
  • Dual station mechanical wheel steering – cable to quadrant.
  • Wilcox engine room blower.
  • 24 x 18 LH 3 blade prop.
  • 1.5″ S/S shaft.
  • 150 amp alternator.
  • 6 gallon hot water heater, 110V and engine driven.
  • 12V Electric sump pump for shower drain.
  • Two 12V electric bilge pumps.
  • West Marine high water alarm.
  • West Marine 12V fresh water pressure pump.
  • Cruising speed: 6.5 knots.

On the hook near Long Point Light Station, Provincetown MA – September 2021.

  • 2014 Furuno 1623 radar, mounted on mast on forward face of flybridge.
  • Raymarine A65 chartplotter.
  • 1997 Apelco 265 fishfinder at upper helm.
  • Bendix 14 autopilot (original), not currently functioning.
  • Standard Horizon VHF on flybridge with lower helm input for Ram Mic intercom.
  • Ritchie binnacle compass at lower helm.
  • Saturn compass on flybridge.
  • 1998 Standard digital depth sounder at upper helm.
  • Stereo with Bose speakers.
  • 2022 30A Marinco straight adapter
  • 2022 New forward and back LED spotlights on mast
  • 2022 Signal flares
  • 2022 Dock lines: 2-25′ nylon, 4-20′ nylon 
  • 2021 22lb Bruce stainless steel anchor with 3/8″ chain lead and 250′ nylon rode
  • 2021 Life jackets
  • 2021 Dishes/cookware/galley and dinnerware, etc
  • 2021 Linens, pillows, blankets and towels
  • 22lb Danforth anchor and 200’ rope.
  • 2018 12V dual-mounted air horn
  • 2017 Electric Powerwinch windlass
  • 2015 Four 6V in-series golf-cart house batteries, totaling 450 amp hours.
  • 2015 12V engine starting battery.
  • 2001 12V saltwater washdown
  • 1998 Navy blue bimini, flybridge cover
  • 30A Shore power cord
  • Spruce mast with mast wiring, mast lights, bronze mast step, mast hinged on tabernacle, spruce boom
  • 4 outdoor folding chairs
  • Bronze seacocks and ball valves
  • Ensign & staff
  • 2 teak grate cockpit tables
  • Hot & cold cockpit shower
  • Screens for companionway door and forward hatch; 2 screens for 2 sliding salon windows.
  • Aft cockpit Bimini stainless frame, supports, etc. (needs canvas)
  • 1 electric windshield wiper
  • Fire extinguishers
  • Swim ladder
  • Various dock lines, 4 oversize bumpers and ropes
  • 1x 5′ gaff hook, 1x 7′ gaff hook, 1x fishing net
Decor Includes
  • Ukelele, Hand Drum, Maracas
  • Hang Loose wall decor
  • Dashboard hula figurines
  • Octopus door handle
  • Leopard Lamp
  • Jungle & Sun Palm Pillows
  • Jungalow faux green velvet bedding and pillow cases
  • Glass Floats, Fishing net float
  • Smugglers Cove Cocktail Drink book
  • Replica Mini Divers Helmet
  • Scuba Diver table top light
  • Puffer Fish Light
  • Faux Parrot
  • Captains Cap
  • Straw Hat
  • Various Leis
  • Various faux palm leaves and orchids
  • Outdoor Palm Bowls and Plates, Cups and Wine glasses
  • Bamboo Utensils
  • Solar String Lights
  • Solar Tiki torches

Yes that’s Godzilla playing the uke! King Kong is opposite carving a tiki head 🙂