2001 Island Packet 42' _{(12.80 m)} 420

"Balabusta" is a beautifully maintained and serviced 2001 420 Island Packet, located in Annapolis and just was prepped for her next owners interest and delivery at our boathouse on the Severn river in Annapolis Maryland! (11/4/2025)

** She is the best priced of all 420's currently listed for sale at $238,000!

Balabusta has been bottom painted, had her hull and topsides compounded and waxed, had her running rigging replaced and standing rigging and chain plates rigger inspected. All of her teak was just refinished with 4 coats of Sikkens, including all winches serviced and stainless waxed. Her dingy is a Highfield w/4 stroke 20 hp outboard which has been recently serviced.

Photos taken on 11/4/2025.

Balabusta has solar and wind generator, Both AC/heat, (Generator set up remains but unit was uninstalled) and she has a clean and comfortable interior.

Here are also some owner reported maintenance completed recently:

• New main battery switch in 2023
• New galley sink faucet in 2023
• Full engine maintenance completed May 2025 (SC Yachts)
• Diesel fuel polishing in summer of 2025, full tank good as new
• Shaft alignment check, all ok, summer 2025
• All new running rigging, mast tuning being done now by East Coast Marine Rigging (costing about $9K), winch maintenance on all winches, steering column greasing, new lifelines, full rigging inspection etc., furling maintenance, summer 2025
• Chain plate covers and removed and verified no signs of corrosion, summer of 2025
• New bottom paint, hard Trinidad Pro, new zincs, etc., summer of 2025
• Stripping the cetol off the toe rail and eyebrow, sanded lightly smooth and screw holes epoxied and filled where needed (Phipps), 4 coats of Sikkens currently being completed Fall 2025
• dinghy 20 Hp motor full maintenance done by Peake Marine, summer 2025
• Two New Seacocks: one for AC intake, one for sink drain, summer of 2025
• Annual engine maintenance done every year, oil change, filter change, overall check
• New forward sump pump summer of 2023

The Island Packet philosophy included seven key features of a well-designed cruising yacht. "Performance and Seakeeping, Integral Hull and Keel, Direct Steering System, Protected Propeller and Rudder, Versatile, Easily Handled Sail plan, Protective Bulwarks for safety on deck, Immediate Anchor Access". That all being said, the 420 IP represents years of innovation, design and durability, she functions well in all conditions and is very inviting when entertaining. The "Balabusta" is clean and well cared for. Come take a look while at the Annapolis Sailboat show!!

Manufacturer Provided Description: 

The Island Packet 420 defines Island Packet designs in every aspect, while also representing a significant evolution from earlier models in this size range. With ongoing advances in construction technology, equipment selection, manufacturing processes, and quality control measures, the 420 is one of the most desirable and best built yachts Island Packet has ever offered. The 420 hull incorporates a host of design elements that improve a concept that emphasizes seakeeping, safety, stability, and speed. The bow and stern configurations combine to increase boat speed through a longer sailing waterline and reduced resistance in waves, while refinements to the keel and rudder foil sections benefit upwind performance, reduce drag, and enhance steering. The hull continues to be molded as a one-piece (integral hull and keel) solid tri-axial fiberglass structure, utilizing Island Packet's pressure-fed resin impregnation system, PolyClad 2 gel below the waterline, and DuraShield gel on the topsides. The 420 deck design offers all the key features long appreciated by Island Packet owners: recessed foredeck with bulwarks, anchor platform with two rollers (the exclusive SeaSafe patented design), full-length stainless steel cabin top handrails, beautifully molded detail for hardware, an improved dodger - windshield mount, and Dorade vents with stainless steel cowls and welded guards. The cockpit offers long, contoured seats with big lockers under push-button latch seat hatches with gas support struts, an insulated beverage box, hand-held shower, separate helm seat with backrest and premium rack and pinion pedestal mounted steering (with provision for auto pilot), molded stern rail seats, and a central gate leading to a stern platform. As always, sail control lines are led aft making sail trim or changes convenient from the cockpit. Bins located at the forward end of both coamings have hinged tops and provide handy and neat storage for these lines. With the available option of a roller furling mainsail, sailing has become easier and more enjoyable than ever. It's a real pleasure to be able to quickly set, trim, or stow the sails without leaving the cockpit. While on the subject of the rig, the Island Packet 420 has been created with a somewhat taller configuration to take advantage of her extra sail carrying ability and to enhance both light air and upwind performance. The contributions to performance and sail control from the Hoyt staysail boom would be hard to overstate. This simple device has "turbo-charged" the staysail's contribution to overall performance and makes the cutter rig better than ever. The 420 should have excellent qualities for cruising under all points of sail in a wide variety of conditions with a very manageable and versatile rig. Perhaps the most exciting aspect of the Island Packet 420 is the interior arrangement. The beam of over 14 feet and a lot of usable hull length, have enabled Island Packet to create very spacious accommodations with all the amenities that owners are looking for, along with lots of storage space and large tank capacities to meet the demands of extended cruising. The owner's quarters are located forward and include a private head compartment with stall shower. The stateroom introduces an arrangement with a large double berth offset to starboard and angled away from the hull side to allow access from either side. The berth top is hinged and supported with gas struts and may be raised to access a generous storage bin underneath for blankets and the like. Additional drawers, bureaus, shelves, and a cedar lined hanging locker provide ample room for personal items. A dressing seat adds further convenience, and two deck hatches, a Dorade vent, and several opening ports will keep this area bright and breezy, as are all other areas throughout the interior. The adjoining head has a sink vanity with cabinet space over and under, "captain's-chair" seating for the toilet, and built-in medicine chest and linen drawers. The shower includes a molded seat and folding textured acrylic door that stows flat against the bulkhead when not in use. Space (and access) has been provided for owner - dealer installation of a bow thruster under the shower seat area. The big forepeak is reached through a tall bulkhead door in the shower area. This area is unique in that it features Island Packet's usual divided chain locker forward (prepared for windlass installation and chain control), plus a separate area immediately aft that will be handy for storage of items like fenders, extra anchors, and rodes, etc. when underway. The aft guest stateroom has a wide double berth, ample storage in a hanging locker and bureau, and private entrance to the aft head compartment. The aft head may also be accessed from the salon area, and includes a shower with curtained enclosure and folding seat over the toilet. The sink vanity has cabinet storage over and under and, as with the forward head, is finished in light colored Formica laminates with varnished teak trim for an attractive, bright, and practical finish. Shower drains in both heads have an electric drain pump discharging overboard, with sole drains configured to work at rest or under sail. The main salon is notable for its overall spaciousness. Once again, the popular arrangement of full-length, facing settees is incorporated, with the starboard L-shaped settee able to convert into a double berth with a pull-out extension. Island Packet's trademark folding dining table hinges from the bulkhead storage rack to provide for either a large serving - dining area or, when retracted, a completely open salon. Large storage areas are available under and behind both port and starboard settees, in cabinets outboard, and above the settees, and in a cedar lined hanging locker. Large capacity tanks for water, fuel, and waste are located under the sole, keeping these considerable weights low and close to the center of the yacht to maximize stability, minimize trim changes, and increase useful storage elsewhere. The full-size navigation table with swing-out seat - adjacent to the main salon - should please the most ardent navigator, and includes recessed master electrical distribution panels, with numerous spare breakers and ample panel space for dealer - owner installed electronics. A storage tray is provided under the hinged tabletop, with a locker under and outboard of the table, and a chart drawer under the settee immediately forward of the nav area. The Island Packet 420 galley combines the best features of all previous Island Packet models and is notable for its generous counter space, storage room, and numerous convenience features. The recently developed ice box installation - with hinged and double gasketed push-button latch lid, and super-insulated box - is factory prepared for dealer - owner installation of refrigeration. There's plenty of room for block ice if preferred, or capacity for extra refrigerated storage on longer voyages. This installation was developed jointly with a professional refrigeration manufacturer, and tested by an independent lab during its development. It has resulted in the best insulating qualities of any marine ice box the lab has tested (and they've done quite a few). Seaward's recently introduced sealed-top LPG range is standard, along with a microwave oven (A-C operation only). Several deep storage drawers, a pull-out trash receptacle, dish rack with cutlery drawers, pot and pan bin, dry storage lockers, and counter top cabinets should make one feel right at home. All sole surfaces in the galley, companionway, and navigation areas are molded in a slip-resistant diamond pattern for improved safety and ease of maintenance in these frequently used areas. A teak grate in the sole covers a lift-out dust tray, as well as access to the fuel and water tank fittings and the lighted bilge sump.