1997 Lancair IV-P for sale

1997 Lancair IV-P

Experimental / Homebuilt

FOR SALE
$275,000Overpriced
Location North Las Vegas, NV
Total Time 850 hrs
Seats 2
Serial # LIV189A
Reg # N681PS
Cruise 220 kts (407 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

Avidyne Entegra EXP 5000 PFD EX 5000 MFD with WX-500 Lightning sensor.Traffic and Terrain. Garmin 530 TAWS Garmin SL40 com 2 with data port. Garmin GTX330 transponder Garmin GMA 347 audio panel TruTrak Sorcerer auto pilot Garmin 396 GPSMAP In panel backup GPS. Davtron M877 clock AOA PRO by Advanced Flight Systems

Inc. Standby instruments: Air speed Altemeter A/H RPM

MP. Sigma Tek attitude gyro (Vacuum) ACK- ELT Bose buss powered headset jacks in front. Regular headset jacks for all 4 seats. Infinity 7 button grips 3 axis electric trim system and indicators on consul. Lancair cabin pressure controller Lancair cabin pressure differential altimeter 100 amp alternator Concorde sealed battery,24 Volts RG24-11M (new Jun. 2009) External power plug. External cigarette lighter plug for floating charge.

Description

LANCAIR IV-P FRESH ANNUAL included with purchase. Currently with brand new prop, low hours, and always hangar stored. The aircraft is in perfect condition after just completing a $50k annual 2024. Meticulously maintained leather interior and modern digital panel. Long-range tanks, wingtips, and custom paint. $275,000 OBO.

Engine

TSIO550B1B Twin turbo S/N 802118 GAMIjectors/turboGAMIjectors 360 hours since new. Electronic Engineering Inc. MVP-50P Glass Panel Engine Monitor - with 500 flights memory Engine Fire Extinguisher system. HARTZELL PHC-H3YF-IRF/F7490 3 blade aluminum. Overhauled and painted 2024 by American Propellers now is grey w/white tips. New A/C belt.

Interior

Custom leather Interior upholstery by Jim Griffin interiors 1999. Air conditioning system with 3 speeds blower. Color coordinated seat belts Overhead console with large A/C vents, and lights. Custom paint and body work 2000. Keyed doors and fuel caps Strobe/navigation lights with rudder strobe (Whelen STC SA800EA) Oil level door with invisible opener. Manual tow bar Bruce custom aircraft cover.

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison 1 active offer

Source Price Action
Hunter Smith
trade-a-plane.com
$275,000

Estimate Monthly Payment

Lancair IV-P loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Lancair IV-P

This 1997 Lancair IV-P (N681PS) is a 2-seat experimental / homebuilt with 850 hours on the airframe. There are currently 14 IV-P aircraft listed for sale . This aircraft is listed at the market average at $275,000.

The IV-P cruises at 220 kts (407 km/h) with a range of 1,347 nm (2,495 km) — suitable for regional and medium-distance travel.

Operating costs: Fuel burn is 16 GPH (61 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $88/hr in fuel alone. Total variable cost including maintenance reserves is approximately $180/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $20,000. With 850 hours on the airframe, this aircraft has 1,150 hours remaining to engine TBO .

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 850 hours — verify engine time vs TBO (2,000 hrs)
Budget $240 for pre-purchase inspection

Lancair IV-P — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
2
Cruise Speed
220 kts (407 km/h)
Range
1,347 nm (2,495 km)
Fuel Burn
16 GPH (61 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

LANCAIR IV-P

Fuel Burn
16.0 GPH
~$104/hr
Variable Cost
$180/hr
fuel + mx + reserves
Annual Fixed
$20,000/yr
hangar + insurance + annual
Engine Overhaul
$35,000
every 2,000 hrs

AeroGurus estimates based on industry averages for the LANCAIR IV-P. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N681PS.

Location & Ownership

FAA records

Aircraft Location

North Las Vegas, NV

Seller reported 83 more aircraft in NV →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N681PS against the NTSB accident database.

AeroGurus Market Estimate AME

$275,000
Range: $275,000 — $275,000
Confidence: 40%
vs. Market
0%
Fair Price

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.