1987 Formula 242 LS For Sale

$24,000
Stock #311716 -
Available
Available
$24,000

Have Questions?

1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS

Boat Details

Year:
1987
Type:
Power
Brand:
Category:
Model:
Length (LOA):
26'
Beam:
8'
Draft:
32"
Trailer:
Not Included
Stock #:
311716
Location:
Waynesville, Ohio
(near Beavercreek)
Status:
Available
Storage Status:
Currently in storage††
Reason for Selling:
Time for a new owner to enjoy the boat
Engine Details
Count:
1
Year:
--
Brand:
Mercruiser
Model:
7.4L
Size:
310 hp
Hours:
317 (as of 10/24/2022)
Fuel Type:
Gasoline
"Classic Express Cruiser, Mercruiser engine, ready to hit the water"

This classic Formula 242 LS has been well-kept and cared for throughout its life and is ready for the next owner to enjoy.

The boat presents well from the time you walk up, keeping in mind you're looking at a 35 year old power boat!

The interior has benefited from the full cockpit stor...more

1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
1987 Formula 242 LS
76
photos
1987 Formula 242 LS
93
photos
1987 Formula 242 LS
76
photos
1987 Formula 242 LS
93
photos
1987 Formula 242 LS

1987 Formula 242 LS Cruiser in Waynesville, Ohio

Stock #311716

This classic Formula 242 LS has been well-kept and cared for throughout its life and is ready for the next owner to enjoy.

The boat presents well from the time you walk up, keeping in mind you're looking at a 35 year old power boat!

The interior has benefited from the full cockpit storage cover and below deck, you'll find more of the same well-cared-for interior.

The boat is powered by a big block Mercruiser engine and moves via a Bravo One outdrive with a stainless steel prop giving it plenty of power for multiple towed watersports.

The helm layout is simple and gives the captain all the information needed to ensure everything is in working order.

Advertisement is for vessel only. Trailer is not being offered for sale by Pop Yachts.
Information On Condition

This 1987 Formula 242 LS is in better condition than most boats its age with a cockpit interior that shows little sun fading and only a couple of split seams that can easily be addressed.

The cabin interior is also in good condition although there is some staining and discoloration due to use.

The headliner should be able to be re-installed with new adhesive and only shows one area of previous water intrusion.

The new owner can focus on the cosmetic things listed above with peace of mind as the boat is mechanically and structurally sound and ready for the water as reported by the seller.

If you're looking for a classic marquee brand powerboat that can be used while being restored or refreshed, this Formula 242 LS has to be high on your list.

Approximate boat location: Waynesville, Ohio


We have several active listings for Sea Ray, Wellcraft, Chris-Craft, and Bayliner. If you're in the Cincinnati, Dayton, West Chester, or Kettering areas, please use the form on this page to let me know what you're looking for and I'll get back with you today about any other express cruiser / high performance options we have locally that may meet your needs.

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Basic Details
Year:
1987
Type:
Power
Brand:
Category:
Model:
Length (LOA):
26'
Hours:
317
(as of 10/24/2022)
Stock #:
311716
Location:
Storage Status:
Currently in storage ††
(as of 10/24/2022)
(Open barn stored)
Engine & MechanicalMech.
Count:
1
Brand:
Mercruiser
Model:
7.4L
Hours:
317
(as of 10/24/2022)
Size:
310 hp
Fuel Type:
Gasoline
Fuel Tank:
107 gals
Propeller:
Stainless Steel
Drive Brand:
Mercruiser
Drive Model:
Bravo One
Drive Type:
Stern Drive
Config.:
Inboard/Outboard
Water Tank:
Trim Tabs:
Trim Tab Controls:
Throttle/shift: Mech:
Remote Oil Filter:
Power Trim & Tilt:
Bilge Pump:
Bilge Blower:
Starting Type:
Electronic
Dimensions & Specifications & Specs
Length Overall:
26'
Beam:
8'
Max. Draft:
32"
Weight:
4,150 lbs
Bridge Clearance:
5'
NavigationalNav. Equipment
Separate Depth Sounder:
Navigation Lights:
Compass:
Deck Features
Windshield - One Piece:
Transom - Closed:
Swim Ladder:
Steering Wheel:
Ski Tow Eyes:
Passenger Seat:
Cover - Cockpit:
Cockpit Seating:
Cleats - Fixed:
Captain's Chair:
Carpet - Cockpit:
Snap-in
Safety EquipmentEquip.
Grab Rails:
ElectricalElec. Components
12 V DC Outlets:
Water Temp Gauge:
Volt Meter:
Tachometer:
Speedometer:
Power Trim & Tilt Gauge:
Oil Pressure Gauge:
Hour Meter:
Horn:
Fuse Panel:
Fuel Gauge:
Battery Switch:
Batteries ( Number Of):
2
Accommodations & Passengers
Pass. Capacity:
7
# Cabins:
0
Sleep. Capacity:
2
# Berths:
1
Water Capacity:
5 gals
Waste Capacity:
0 gals
Generator:
No
Air Conditioning:
No
Washer/Dryer Hookup:
No
V Berth:
Cuddy Cabin:
Carpet-snap In:
Cabinets:
Cabin Lighting:
ConstructionConst. Features
Designer:
Formula Powerboats
Hull Material:
Fiberglass
Hull Shape:
Deep Vee
Exterior Color:
White, Red & Black
Interior Color:
White, Red & Black
Ask a Question
Submit an Offer  
Priced At:
$24,000
My Offer:

  One of our experts will contact you to finalize your offer.

  All offers are contingent upon the buyer being fully satisfied after the results of a personal and/or professional inspection.

This form is only for starting a conversation. Submitting this form DOES NOT actually obligate you to proceed with submitting a written offer.

We work closely with Rock Solid Funding to offer you competitive rates and flexible financing options to get you approved and on the road quickly. Click the "Apply Now" button below to get started.

Financing may not be available for this Vessel, due either to its age or category. However, banks are giving loans, and we would love to get you started in a discussion about financing.

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