2003 Lancair IV-PT for sale

2003 Lancair IV-PT

Experimental / Homebuilt

FOR SALE
$950,000
Location Redmond, OR
Seats 2
Serial # LIV-491
Reg # N104PJ
Cruise 220 kts (407 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Avionics & Systems Garmin G3X Touch MFD/PFD GDU 460

Garmin GFC 500 Autopilot/GSA 28 Smart Servos (3) w GMC 507 Dedicated Autopilot Controller

Garmin GTN 750Xi Navigator Garmin GNX 375 All in One GPS Navigator/ADS-B IN & OUT/Transponder Garmin GTR 20 Remote Second COMM Garmin GMA 35c Remote Audio Panel Dual Garmin GMU 22 Magnetometers Dual Garmin GSU 25 Air Data Attitude Heading Reference System (ADAHRS) Garmin GEA 24 Engine Indication System Garmin GDL 51R Sirius XM Weather/Music Dual Garmin G5 Backup EFIS’ Aero Safety Master Caution/ Master Warning Light Vertical Power VP-X PRO Electric Circuit Breaker System (ECB’s) VR Avionics TSLM MCU SGC PDC For Engine Generator and Propeller Deice Control Earth-X ETX-900 24V Lithium LiFePO4 Batteries w MCU Monitoring Epic Turbine Sensor Kit Epic Custom Oil Cooler Upgraded Intercooler w Aerospace Control Flow Pac Cessna Electric Flap Motor Environmental Control System (ECS) for pressurization and climate control Electro Thermal Engine Air Intake Deicing System

Electric Heated Wing Deice (Wing and Horizontal Stabilizer) w Plane-Power dedicated 200 amp alternator

B&C 60 Amp Standby Alternator LRU Custom Switch Panels Parker Emergency Gear BlowDown Accumulator Mountain High Integrated Supplemental O2 New Flightline Electric Air Conditioning

Description

Full Restoration Completed 2025 - N104PJ is a benchmark example of the Lancair IV-P Propjet - a pressurized, high-performance aircraft equipped with the Walter 601D turbine, previously never flown, display engine for the IVP turbine conversion. Due to the time when the project was introduced, a complete IRAN was performed by Diemech Turbines. This aircraft reflects top-tier build quality and performance.

Engine

Walter 601D 37 Hours TTSNEW and IRAN

Propeller

275 Hours SNEW 37 Hours SOH

Interior

The interior features leather seating, carbon fiber paneling, ergonomic layout, and executive-class fit and finish. LED lighting, soundproofing, and premium trim complete the cabin. Each seating station has O2 outlets, LED reading lights, and LEMO/RCA headset plugs and seat heaters.

Exterior

Scheme Designers paint creation in Porsche palette of GT Silver, Golden Yellow Metallic, and Jet Black Metallic.

Inspection

Last Condition Inspection 10/2025 Last Pitot Static/Altimeter/Transponder Check 1/2026 ELT Battery due 3/2030 This aircraft is powered by a never before flown Walter 601D engine, S/N 863015, and has been meticulously inspected and maintained. Avia V508E propeller, S/N 82070051, 238 SNEW, Rebuild as a new creation, complete logbooks, and extensive documentation. Maintained to professional standards.

Modifications / STCs

Lighting - LED Footwell Lighting - Dimmable Switch/CB/Panel/Glareshield Lighting - Whelen Ice Detection Light - AeroLED Rotating Beacon, Anti Collision Light, Nav/Strobe - AeroLED Automatic Landing/Taxi Lights w Wig Wag Additional Features and Benefits - AmSafe Airbag Seat Belts, Pilot and Co-pilot - New VR sourced custom cowl, inlet runners and oil cooler ducting - New Propeller Deice Bushing - New Fuel Oil and LInes - New Electrical Harnesses - New Custom Composite Nose Gear Doors - All Stainless Steel Flex Hoses - Bleed Air Illuminated Electric Switch w ICAS Monitor - John Cook Header Tank - New Brake Fluid Reservoir - New Skybolt Cam Locks - Rebuilt Master Brake Cylinder and New Brake Lines - New Fuel Selector - New Battery Boxes - Parking Brake - Evolution High G Seats - New Fuel System w Belly Tank - New Complete Airframe Electrical Harness - All Push Pull Tubes Reconditioned - Aux Fuel Tank Fuselage Fill Port - Evolution Entry Step - Powder Coating Throughout- Brakes, Nose Wheel Fork, Wheels - New Artec ELT - Electric Seat Heaters - GSB15 Dual USB-C Outlets Pilot and Co-pilot - New Drag Links SB0780722 Complied

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

Price Comparison 1 active offer

Source Price Action
AI Systems
controller.com
$950,000

Estimate Monthly Payment

Lancair IV-PT loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Lancair IV-PT

This 2003 Lancair IV-PT (N104PJ) is a 2-seat experimental / homebuilt . There are currently 2 IV-PT aircraft listed for sale . This aircraft is listed at the market average at $950,000.

The IV-PT 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.

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

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Budget $240 for pre-purchase inspection

Lancair IV-PT — 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 N104PJ.

Location & Ownership

FAA records

Aircraft Location

Redmond, OR

Seller reported 117 more aircraft in OR →

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 N104PJ against the NTSB accident database.

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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.