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1977 Piper LanceSingle-Engine Piston Aircraft • Lexington, KY, USA

This 1977 Piper Lance, registered as N24MT and based in Lexington, Kentucky, is a straight-tail example with a total time of 5,103 hours. The airframe is noted to have complete and consecutive logs, with a minor prop strike in 2017 that was addressed with a new propeller and a teardown inspection and repair (TDI/IRAN). The Lycoming IO-540-K1G5D 300 HP engine has 1,149 hours since major overhaul (SMOH) against a 1,800-hour TBO, and the three-blade Hartzell prop has 311 hours since overhaul (SPOH). The aircraft has a fresh August 2025 annual inspection, and the seller reports no damage history (NDH) apart from the documented prop strike.

This...

Year
1977
Make
Piper
Series
Lance / Saratoga
Model
Lance
Tail #
N24MT
Serial #
32R-7780523

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Specifications

Category
Single-Engine Piston
Intended Use
Passenger, Recreational
Flight Rules
IFR
Useful Load
1,297 lbs
Seats
6

Hours, Logs & Inspections

Total Time
5,103 hrs
Engine 1 Time
1,149 hrs (SMOH)
Prop 1 Time
311 hrs (SPOH)
Logbook Status
Complete & Consecutive Logs
Inspection Status
Fresh August 2025 Annual Inspection

Avionics

GPS

Garmin GNS 430W - IFR GPS/NAV/COM

Comms

Garmin SL30 - NAV/COM

Audio

Apollo SL15 - Audio Panel 6-Place Intercom

MFD

Apollo MX20 - MFD

AP

S-TEC 30 - S-TEC Autopilot GPSS Roll Steering Altitude Hold Coupled to Heading Bug NAV Track

Additional Equipment

Engine Monitor

JPI 450 - JPI Fuel Flow GEM Graphic Engine Monitor

HSI

Bendix-King KCS55 - Slaved HSI

Standby Vacuum System

Precise Flight - Standby Vacuum System

ELT

406 MHz ELT

Landing Light

LED Landing Light

Clock

Davtron M800 - Digital Clock

Interior & Exterior

Interior Rating
8/10
Interior Year
2015
Paint Rating
6/10
Interior Notes
New Interior in 2015 Club Seating. Interior rated 8 out of 10.
Exterior Notes
Exterior rated 6 out of 10.

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Make
Lycoming
Engine Model
IO-540-K1G5D
Engine Power
300 HP
Propeller Model
3-Blade Hartzell Prop

Asking Price

$195,000

Aircraft Location

Lexington, KY, USA

Listing Details

Used
For Sale

Price History

May 25, 2026: $195,000 - controller

May 22, 2026: $195,000(-$4,900) - trade-a-plane

Mar 4, 2026: $199,900 - controller

+5 more price changes

Contact Seller

First Seen: Sep 27, 2025

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Asking Price

$195,000