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David Walters Yachts
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Originally delivered in 2009, GiGi is the first “RestoMod” among the only 13 Grand Banks 47 Heritage Classics ever built. In response to growing demand for fast trawlers, beginning in 2007 Grand Banks offered its all-time most popular Classic model on a 47’ Sparkman & Stephens planing hull.
During 2024 and 2025, GiGi was completely reconfigured and repowered by Passagemaker author Frank Scavone and has been featured in numerous articles chronicling its restoration and travels along the eastern seaboard and the Bahamas. GIGI now features 2024 model Twin Cummins 600hsp QSC 8.3 engines facilitate a comfortable cruising speed of 23 MPH at 85% engine load and a maximum speed of 29.7MPH.
At the time the engines were replaced, the engine room soft patch was redesigned into an insulated hatch that facilitates full and easy engine access. The Onan generator and 4 zone Dometic HVAC system are also both new. The new custom teak swim platform is designed on a hydraulic lift and configured for easy storage and launch of a new ULT 300 tender custom painted in Grand Banks white. Decks have been refinished in non-skid and all steps, seats and hatch covers have been rebuilt in solid teak. Custom canvas covers protect finished toe rails and placards. Yes – The custom canvas railing saddlebag holds 2 folding Dahon bikes!
This fantastic yacht offers two suites fore and aft with ensuite heads for privacy and island queens in both. Her salon is spacious with plentiful seating with a mid-level galley featuring a large pantry and granite counters. A custom teak leaf desk and writing chair in combination with the Starlink system turns the salon into a productive office for remote work. All interior appointments including cushions, mattresses, headliners, carpet, and stateroom blinds have been updated. The flybridge is generous, seats six and has a wet bar and updated refrigerator. STIDD helm chairs have new factory cushions, all seating cushions are new, and the outdoor speakers and VHF speakers were replaced. For Great Loopers, the onboard davit has been configured to retract the mast mechanically and in minutes.
This is the nicest 47 Classic that has been available for sale! This boat is fast, efficient, ideal for long range cruising, live aboards or those seeking spacious and luxurious interior accommodations while not sacrificing performance. She is TURN KEY and ready to begin cruising with new owners! GIGI is currently berthed in Hobe Sound, FL and plans to head north to Charleston, SC mid-June where she will remain for the summer. Call today to schedule a showing. Articles are available upon request.
RECENT UPDATES & UPGRADES (NEW 2022 - 2026)
2024 Cummins QSC 8.3 Twin Engines w/ 600 hp
2024 Engine room soft patch redesigned for easy access
2024 Drive System: Shafts aligned, new cutlass bearings, shaft seals, props reconditioned
2024 Onan Generator 13.5kW
2024 Starlink WIFI Connectivity
2024 Awlgrip Non-Skid Decks & Teak Trim
2024 TNT Hydraulic Swim Platform
2025 Tender: ULT300 2025 w/ 9.8hp Tohatsu
2024 All Cushion Upholstery
2024 STIDD Cushion Upholstery
2026 Fuel Polished & Tanks Cleaned
2024-26 Dometic Air-Conditioning Units
2025 Flybridge Windshield
2022 Full Suite Garmin Electronics
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.
VESSEL WALKTHROUGH
Entry is via an aft port-side door leading directly into the salon. The salon features a large L-shaped settee to starboard and a comfortable barrel chair with ottoman to port. Inboard of the settee is an extendable high/low table that converts easily between dining and coffee-table use.
The lower helm is located opposite the galley and is well integrated into the main deck layout. The helm station includes a side-deck access door, an oversized single STIDD helm chair, and a fully integrated electronics console designed for flush-mounted instrumentation and a clean, modern presentation.
The galley is positioned to port, mid-level, two steps down from the salon and two steps up from the forward companionway. It is a highly efficient U-shaped design offering excellent storage and functionality. Appliances include a microwave, under-counter Sub-Zero refrigerator, and separate stand-up under-counter freezer. A Ceran glass cooktop is set into granite countertops, and a large pantry provides additional storage.
Forward, the guest stateroom features an island queen berth, a full-size hanging locker, and a combination washer/dryer discreetly integrated into the aft bulkhead behind teak access doors. Abundant storage is found throughout.
The forward guest head is designed for versatility, with dual access allowing it to function as either an en-suite or day head. A cleverly engineered fold-out shower expands the showering space when deployed while keeping the remainder of the head dry. When stowed, it significantly increases usable space within the compartment.
Throughout the interior, cabinetry reflects Grand Banks’ signature joinery, resembling fine teak furniture with a satin finish accented by gloss detailing. Hardware is stainless steel and robustly constructed, emphasizing both durability and craftsmanship.
The aft master stateroom is notably spacious, featuring a walk-around queen berth, a walk-in hanging locker, a mirrored vanity with seating for grooming, and extensive drawer and cabinet storage. The en-suite master head includes a generous separate stall shower with a secure, non-leaking door system. The shower enclosure and sole are finished in Corian for ease of maintenance and long-term durability.
Additional interior features include courtesy lighting, teak and holly soles, custom window shades, upgraded fabrics, and recessed overhead lighting throughout.
RECENT UPDATES & UPGRADES (NEW 2022 - 2026)
2024 Cummins QSC 8.3 Twin Engines w/ 600 hp
2024 Engine room soft patch redesigned for easy access
2024 Drive System: Shafts aligned, new cutlass bearings, shaft seals, props reconditioned
2024 Onan Generator 13.5kW
2024 Starlink WIFI Connectivity
2024 Awlgrip Non-Skid Decks & Teak Trim
2024 TNT Hydraulic Swim Platform
2025 Tender: ULT300 2025 w/ 9.8hp Tohatsu
2024 All Cushion Upholstery
2024 STIDD Cushion Upholstery
2026 Fuel Polished & Tanks Cleaned
2024-26 Dometic Air-Conditioning Units
2025 Flybridge Windshield
2022 Full Suite Garmin Electronics
ENGINE ROOM & MECHANICAL EQUIPMENT
GIGI was repowered in June of 2024 and is now equipped with two new Cummins engines which provide 50hp increase from originals which increase overall speed and performance. Cruising speeds from 20+ knots with top speed 26 knots.
- Twin Cummins QSC 8.3 Recons 600hp (upgraded from original 550hp), NEW 6/2024
- All shafts, cutlass bearings, shaft seals, stuffing boxes, NEW 6/2024
- Props, recut, balanced and repitched, 2024
- Exhaust Risers, Metcalf, NEW 6/2024
- Onan 13.5 kW Generator, NEW 2024
- Engine Room salon soft patch reconfigured for easy access, NEW 2024
- Newman PT 80 Battery Charger, NEW 2024
- (2) Fuel Tanks, 600 Gallons Total
- (4) Dometic Air Conditioning Compressors, NEW 2025/26
- Dual Racor fuel filters - Single for generator
- (6) AGM batteries
- Hot water heater, 20 GAL
- Fireboy fire suppression system, charged and re-certified 2024-2025
- Aluminum ladder to engine room
- 12V and 110V LED lighting
- Bronze seacocks and sea strainers
- Plumbed and wired for watermaker, prep only
EXTERIOR EQUIPMENT
- Decks, Non Skid Painted Awlgrip, NEW 2024
- Teak rail and transman canvas covers, NEW 2024
- Revere 6 Person Offshore Commander LifeRaft, NEW 3/2025
- Teak toe rails, varnished
- Stainless steel handrails, life lines and grab bars
- Throwable life ring
- 50 amp connection fore and aft
- Hot and cold transom shower
- Stainless steel cleats and hause holes
- Stainless steel lazarette hinges and latches
- Stainless steel scupper covers
- Stainless steel ports and hatches
- (2) stainless steel fender holders
- Mast folds down for clearance
- Raised fuel fills off deck
- Forward deck box w/ new teak, 2024
- Anchor #1 - Ultra 27-60 lb with UFS10 Flip Swivel - 200', all chain rode
- Anchor #2 - CQR 60 lb w/100' chain and 150' line rode
- (2) storage compartments at anchor pulpit
- Teak swim platform and stainless steel folding swim ladder
- Double oversized cleats at bow, midship and stern
- (3) windshield wipers/washer
- Textaline windshield covers
- Teak burgee and flag masts
FLYBRIDGE
The flybridge is large and fully under cover. Two helm STIDD chairs are extremely comfortable and fully adjustable. A perfect spot while underway or enjoying a soft breeze with a drink while anchored or at the dock.
- Garmin Electronics, NEW 2022
- Windshield, NEW 2024
- All Cushion Upholstery, NEW 2024
- STIDD Cushion Upholstery, NEW 2024
- Awlgrip non-skid decking
- Bimini, full length
- 110 Volt plug-in at helm w/protective cover
- (2) chrome based STIDD seats w/ Ultraleather upholstery
- L-sette & straigh settee w/ Ultraleather upholstery
- (6) life jackets
- Teak rimmed stainless steel ships wheel
- Fold-out teak inlayed dining table on pedestal
- Forward facing bench seat on Port
- Fiberglass cabinet w/refrigerator, shelves, sink
- Storage under all settees with teak grates to provide airflow
- Large storage under helm
- Himalaya console lowers into helm for electronic protection from the weather
LOWER HELM STATION
- STIDD pedestal seat - oversized upholstered in Ultraleather
- Teleflex gears and throttles - (2) each
- Onan digital read-out generator panel
- Cummins Vessel View Displays - (2) gives analog and digital read outs w/ built-in fuel use and synchronizer
- Ritchie compass
- Exalto windshield wiper/washer control panel
- Side-Power bow thruster control
- Windlass control
- Fireboy manual and automatic fire suppression panel (recharged and recertified 2024/25)
- 12V (2) prong outlet
- Starboard helm door with lift-up step storage
- Phantom screen on helm side door
- Xantrex 2500 watt inverter
- Computank read-out for fuel, water, and battery condition
- Slow vessel mode for engines - enables reduced thrust for docking
- Center opening windshield
- Flip-out helm footrest
- Teak binocular holder and glass holder
- Bennett trim tab controls
SALON
- Settee’s reupholstered, NEW 2024
- Custom carpets, NEW 2024
- Headliner, NEW 8/2025
- L-Settee, converts to pull-out, double berth
- High/Low teak table w/fold out leaves
- Barrel chair, storage under seat
- Teak cushioned ottoman that opens for storage
- Teak and holly sole
- Teak bar cabinet w/bar storage
- (6) Halogen overhead lights on dimmers
- Hydraulic lift TV mechanism w/26" Sony Bravia HD TV
- (2) Dometic Air Conditioning Units, NEW 2025/26
- (3) flip-down doors for storage under settee
- Bose CD/Stereo/DVD player
- Bose stereo speakers
- Steps to aft door offer storage underneath
- (4) drawers
- (1) doored cabinet w/shelved storage
- Fabric valance over each window
- Reading lights on dimmers
- Rope lighting under teak soffits
GALLEY
- Black Granite countertops
- Sharp Carousel microwave/convection oven
- Single stainless steel sink with (2) teak covers (cutting boards)
- Princess (3) burner Ceran Glass cooktop
- Upright freezer under counter
- Subzero under counter refrigerator
- (6) doored storage cabinets
- Multiple large drawers
- Pull-out trash bin
- Teak towel bar
- Very large pantry
- Dometic hood fan that exhausts outside
- (4) overhead LED lights
- Teak and holly sole
- Grohe faucet w/pull-out sprayer
COMPANIONWAY TO AFT STATEROOM
- 12V and 110V breaker panel behind folding teak doors
- Master battery control panel
- Inverter bypass switch
- AC and DC meters w/digital read-out
- Fore and aft 50 amp connection switches
- Storage under one step
AFT MASTER STATEROOM
The traditional Grand Banks Classic design features a coveted Full Beam Aft Master Stateroom. The spacious owner’s suite offers full privacy behind two closing double teak doors. The master head in ensuite with a large separate stall shower. Low and easily accessible queen walkaround berth, abundant storage & much more.
- Beautiful double teak doors at entrance
- Queen walk-around island berth
- Mattress, NEW 2024
- Custom carpets, NEW 2024
- Headliner, NEW 8/2025
- (2) large drawers under the berth
- Teak and holly sole
- (12) storage drawers
- (9) doored shelved storage cabinets
- Teak louvered hanging locker door, for air circulation
- Walk-in hanging locker w/stainless steel closet rods and (5) shelves - lighted w/cedar paneling
- Beveled teak framed mirror
- (2) swing arm reading lamps
- Dometic Air-conditioning Control, NEW 2025/26
- (6) port lights w/shades
- Roof hatch - opening - with Ocean day/night screens
- (8) overhead Halogen lights on dimmers switch
- Fabric covered headboard
MASTER EN SUITE HEAD & STALL SHOWER
The master head is sizable with Silestone counter, storage behind and under the vanity and opening hatch and port window for ventilation.
- Large separate stall shower w/Corian tiled sole & sides w/ opening hatch
- Grohe hand held shower head
- Heavy self-sealing glass shower door
- (2) Beveled teak framed mirrors
- Vacuflush toilet, freshwater
- Tank Watch, holding tank monitor
- Port window w/ mini blind
- Silestone granite flecked countertop w/molded sink
- Grohe faucet
- (3) large storage cabinets
- Teak toothbrush/glass holder
- Soap dispenser
- Towel shelf - stainless steel
- 12V exhaust fan
- (3) LED overhead lights
FORWARD VIP GUEST STATEROOM
The Guest Stateroom suite is forward with a queen island berth and ensuite head and stall shower. There is a door for complete privacy.
- Island queen berth with custom mattress
- Mattress, NEW 2024
- Custom carpets, NEW 2024
- Headliner, NEW 8/2025
- Dometic Air-conditioning Control, NEW 2025/26
- (2) port window shades
- Doored teak cabinet w/ Splendide 2100 combination washer and vented dryer
- Lighted hanging locker w/cedar paneling, metal closet rod and (3) shelves
- (5) overhead Halogen lights on dimmers
- (4) doored storage cabinets
- (2) large slide-out drawers under the berth
- Custom bedspread and pillows
- Teak and holly sole
- Full length beveled mirror - teak framed
- Fabric covered headboard
- Opening hatch w/Ocean day/night screens
- (2) Grand Banks reading lights
- Dometic Air-conditioning control
GUEST STATEROOM HEAD
The ensuite guest head is much larger than most as the shower glass panels fold flat, leaving a larger dressing area.
- (2) doored access, from guest stateroom and companionway
- Expandable glass shower with heavy glass panels that fold flat when not needed
- Corian tiled sole, shower
- Sump pump and stainless steel large drain
- Grohe hand-held shower faucet
- (2) teak framed beveled mirrors
- Vacuflush toilet - freshwater
- (5) doored storage cabinets
- Silestone granite flaked countertop and molded sink
- Port window w/shade
- Grohe water faucet at sink
- Soap dispenser
- Teak toothbrush and glass holder
- 12V exhaust fan
- (3) LED overhead lights
Owners' personal belongings. A list can be provided upon request.
DisclaimerThe 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.
This listing is courtesy of the BoatWizard MLS and may be centrally listed with another broker. It is offered as a convenience by David Walters Yachts to its clients and is not intended to convey representation of a particular vessel.
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