1977 Piper LanceSingle-Engine Piston Aircraft • Sturgis, MI, USA

This 1977 Piper Lance, registration N1040H, is being offered for sale at $139,900 and presents a compelling value proposition for a buyer willing to address its deferred maintenance. The airframe logs show a total time of 4,540 hours, with the Lycoming IO-540-K1G5D engine having 950 hours since major overhaul (SMOH). The engine was overhauled by Mattituck, and the aircraft currently has a 3-blade Hartzell propeller with zero hours since a fresh overhaul completed on July 15, 2026. A key point for any prospective purchaser is the seller’s explicit recommendation that the next owner coordinate a fresh engine overhaul immediately, citing the...

Year: 1977

Make: Piper

Series: Lance / Saratoga

Model: Lance

Tail #: N1040H

Serial #: 32R-7780124

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Specifications

Category: Single-Engine Piston

Intended Use: Business, Recreational

Useful Load: 1,389.56 lbs

Seats: 6

Hours, Logs & Inspections

Total Time: 4,540 hrs

Engine 1 Time: 950 hrs (SMOH)

Prop 1 Time: (SOH)

Inspection Status: ANNUAL DUE: October 1, 2026

Avionics

Altimatic IIIC - IIIC Autopilot featuring Altitude Hold and Glideslope Coupler

PFD

Century NSD-360A - Slaved HSI

Audio

Avidyne AMX240 - Audio Panel 3 LMB 6-Place Intercom

GPS

Avidyne IFD540 - GPS Navigator COM (WAAS Approved)

ADSB

Avidyne AXP340 - Transponder Featuring ADS-B Out

ADS-B In

Avidyne MLB100 - ADS-B IN Solution (Traffic and FIS-B Weather Information)

Comms

King KX-155 - NAV COM with VOR Indicator

Weather

WX-1000 - Stormscope

Additional Equipment

Speed Modifications

LoPresti Howl Cowl - with Lights,

Sun Visors

Rosen Sun Visors

Engine Pre-Heat System

Reiff Engine Pre-Heat System

Starter

Hartzell ERZ-8011 - Technologies Light Weight Series Starter

Compass

Vertical Card Compass

ELT

ACK Technologies ELT

Ventilation Fan

Ventilation Fan System – 2-Speed

Beacon

Vertical Fin Rotating Beacon

Strobe Lights

Wing Tip Strobes

Fire Extinguisher

External Power Plug

Hobbs Meter

Pitot Heat

Heated Pitot System

Static Wicks

Outside Air Temperature Gauge

Clock

Clock – Panel Mounted

EGT

EGT Gauge

Interior & Exterior

Interior Notes: Grey Leatherette (Vinyl) Featuring Blue Inserts and Harmonizing Side Panels. Color Coordinated Grey Carpeting and Color Matched Side Window Plastic Trim. 6-Place Forward Facing Seat Configuration. Vertically Adjustable Crew Seats.

Exterior Notes: White over Tan featuring Red, Brown, and Blue Accents. Exterior Shows well for its age. The Aircraft is Kept in a Hangar when not flown.