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PLANEFILE

LancairExperimental & kit · Boise, ID

1998 Lancair IV-P

Price
$325,000
Year
1998
Total time
1,505 hours
Location
United States

Specifications

General

Sale Status
For Sale
Make/Model
LANCAIR IV-P
Registration #
N404YG
Serial #
LIV 322
Total time
1505
Engine 1 Time
950 HOURS
Prop 1 Time
100 HOURS
Condition
Used
Year Painted
2023
Interior Year
2024
Flight Rules
IFR

Airframe

Owner-reported normal cruise performance
220-230 KTAS
Maximum pressure differential
5.5 PSI
  • Approximately 65% power
  • Approximately 15.5 GPH
  • Preferred operating altitude of 14,000-16,000 feet
  • Pressurized cabin with 5.5 PSI maximum differential
  • 92-gallon fuel capacity
  • Pressurized four-place composite airframe
  • Air conditioning-fully operational and ice cold
  • 2023 exterior paint
  • 2024 leather interior with diamond stitching
  • Rosen sun visors
  • Suede-covered glare shield
  • Newer windshield
  • AeroLED exterior lighting
  • Risse Racing front strut and updated nose-gear linkage
  • High-performance brake components and braided brake lines
  • Oxygen system
  • Modified lower-panel area providing additional leg and knee clearan

LIV-322Approximately 1,505 Hours Total TimeApproximately 902 Hours SMOHApproximately 523 Hours Since Top OverhaulApproximately 143 Hours Since Propeller Overhaul

Engine

Continental TSIO-550-E(3)Engine Serial Number
803040
  • Both Hartzell turbochargers and the Hartzell wastegate were overhauled by Main Turbo Systems during the 2024 propeller-maintenance period.
  • Overhauled units installed August 29, 2024, at 1,361.7 aircraft hours:
  • Turbocharger P/N 466304-9003, S/N AEN37367
  • Turbocharger P/N 466304-9003, S/N ACN39453
  • Wastegate P/N 481064-9002, S/N YEL08875
  • One turbocharger was exchanged again in July 2025 before Oshkosh:
  • Hartzell P/N 466304-9003
  • Alternate P/N 646677
  • S/N YFL37111
  • Main Turbo Systems invoice and FAA 8130-3 documentation available

Major overhaul completed January 31, 2009, at 603.3 airframe hours. Current engine time is approximately 902 SMOH based on approximately 1,505 hours total airframe time.

The major overhaul included six new Continental cylinder kits, pistons, rings, pins, valves, springs, keepers, camshaft components, intake and exhaust lifters, crankshaft and connecting-rod work, crankcase repair and recertification by DIVCO, oil and fuel hoses, ignition components, engine mounts and associated hardware.

Six-cylinder top overhaul completed beginning in June 2017 at 981.7 airframe hours. Approximately 523 hours since top overhaul.

No. 3 cylinder replaced in July 2020.

Overhauled by Palm Beach Aircraft Propeller in August 2024 and installed August 29, 2024, at 1,361.7 aircraft hours.

Approximately 143 hours since propeller overhaul.

Overhauled McCauley propeller governor installed during the same maintenance period.

Propeller

Hartzell three-blade constant-speed propeller Model
HC-H3YF-1RF/F7693DFSerial Number: LX604B

Avionics

  • Dual large-screen Garmin G3X Touch displays
  • Garmin G5 electronic standby instrument
  • Garmin GTN 650Xi GPS/NAV/COM
  • Second Garmin remote COM controlled through the G3X
  • Garmin GMA 245 audio panel
  • Garmin GTX 330 Mode S transponder
  • Garmin GDL 52R ADS-B In and SiriusXM receiver
  • Garmin GSU 25C ADAHRS
  • Garmin GMU 22 magnetometer
  • Garmin GAD 29 data interface
  • Garmin GEA 24 engine indication system
  • Garmin GAP 26 heated pitot/AOA system
  • Integrated Garmin engine monitoring
  • Artex 345 406 MHz ELT
  • Fully integrated Garmin G3X Touch autopilot system featuring:
  • Garmin GMC 507 controller
  • Three Garmin GSA 28 servos
  • Pitch and roll control
  • Yaw damper
  • Automatic trim
  • Electronic Stability and Protection
  • Flight director
  • Level mode
  • Coupled navigation
  • Full coupled LPV approach capability

Interior

2024 interior in 10/10 shape. All leather with diamond stitching. Rossen sun visors, and suede dash cover.

Detailed Description

Insurance information
Joe Ryan -
Aircraft information
Gustavo Yacaman
Additional buyer support
Chris Rust - Experienced Lancair pilot and broker

Detailed Description

N404YG is a beautifully presented Lancair IV-P that has benefited from extensive upgrades, recent refurbishment and attentive maintenance. I purchased a turboprop because my growing family requires more space, so it is time for the Lancair to find a new owner.

This is not a distressed sale. I am looking for a serious, qualified and experienced buyer who understands the value of a properly maintained and extensively upgraded IV-P. Reasonable offers supported by genuine comparable aircraft are welcome; unrealistic or low-ball offers will not be considered.

Highlights

Approximately 900 hours since full engine overhaul

Approximately 500 hours since top overhaul

Recently overhauled turbochargers and wastegate

Recently overhauled propeller

2023 paint, interior and windshield replacement

Pressurized cabin

Ice-cold air conditioning with belly scoop

Risse Racing front strut and latest linkage

High-performance braking system

Extensive AeroLED lighting for excellent nighttime visibility

No known outstanding squawks

N404YG offers an exceptional combination of speed, efficiency and pressurized comfort. Depending on altitude, loading, conditions and power setting, it can cruise at approximately 250 KTAS in the high teens and low twenties while burning approximately 16 GPH.

The aircraft is currently at Cascade Aircraft in Boise, Idaho, undergoing its annual condition inspection. The inspection will be completed, but final sign-off will not occur until the agreed purchase funds have been deposited in full with a mutually acceptable escrow company. Inspection invoices and complete aircraft logs are available to serious buyers upon request.

The sale may be contingent upon the aircraft performing as represented during an acceptance flight. That flight will take place after escrow has been fully funded and before the transaction is finalized, subject to the terms of the purchase agreement.

I am also willing to provide limited post-sale transition support. If the buyer completes their initial Lancair training in Boise and keeps the aircraft there during training, I will cover qualifying aircraft-related mechanical squawks discovered during the first 10 flight hours after delivery. All inspections and repairs must be performed by Cascade Aircraft and approved by me in advance.

This support is intended for legitimate mechanical squawks attributable to the aircraft's condition at delivery. It does not cover pilot-induced damage, misuse, operational exceedances, normal wear, consumables, cosmetic items, optional improvements or previously disclosed conditions. Complete terms will be included in the purchase agreement.

Owner financing

Owner financing may be available to qualified buyers with a minimum of 50% down and mutually acceptable 24- to 36-month terms.

Call or

Serious inquiries are welcome. Logs, maintenance records, inspection invoices and additional photographs are available upon request.

Remarks

Please don't call me or email me to offer your broker services. I am capable of selling this plane on my own.

Aircraft record

N404YG

Registration

Registration
N404YG
Registered as
Blue Sky Corp/Sedivy Thomas C LANCAIR IV-P
Year
1998
Serial number
LIV 322
Engine
Cont Motor Tsio-550 Ser · 280 hp
Certificate
Experimental
Airworthiness date
1998-06-08
Registered since
2022-01-28
Registration valid to
2029-01-31
Status
Valid

Accidents and incidents

None on record

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