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1978 Piper Lance IISingle-Engine Piston Aircraft • Lexington (KLEX) , KY USA

This 1978 Piper Lance II, registered as N39478, presents a compelling mix of recent maintenance and performance-oriented upgrades. The airframe has a total time of 4,230 hours and is powered by a 300 HP Lycoming IO-540-K1G5 engine with 220 hours since its factory remanufacture, paired with a nearly new three-blade McCauley Scimitar propeller showing only 10 hours. A notable damage history is recorded from a 2024 nose gear collapse, with the seller reporting no resultant airframe damage and a complete rebuild of the entire gear hydraulic system, including the nose gear cylinders. The aircraft has just completed its annual inspection in April...

Year
1978
Make
Piper
Series
Lance
Model
Lance II
Tail #
N39478
Serial #
32R-7885221

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Specifications

Category
Single-Engine Piston
Intended Use
Business, Passenger, Recreational
Seats
6

Hours, Logs & Inspections

Total Time
4,230 hrs
Engine 1 Time
220 hrs
Prop 1 Time
10 hrs (SNEW)
Logbook Status
Consecutive Logs
Inspection Status
April 2025 Annual Inspection Complete

Avionics

GPS

Avidyne IFD440 - Touchscreen NAV/COM/GPS, NAV/COM/GPS

Comms

Bendix-King KT76C - Touchscreen NAV/COM/GPS, NAV/COM/GPS, Transponder, DME, ADF

Autopilot

Altimatic IIIC - IIIC Autopilot, Autopilot NAV 1/ NAV 2 Coupling

Audio

Garmin GMA340 - Audio Panel

PFD

Bendix-King KI525A - HSI (Glide slope inop)

MFD

Garmin MX20 - MFD (Inop.)

EMS/EIS

JPI EDM700 - JPI Engine Monitoring, Temperature Gauge, EGT Gauge, Digital Fuel

Additional Equipment

Air Conditioning

Factory-installed air conditioning

Engine Upgrades

GAMI Injectors

Performance Modifications

Lopresti Howl Cowl - Flap Gap Seals

Electrical System

Standby Air Driven Alternator, Auxiliary Power Receptacle, Avionics Master Switch

Interior Features

Bose Powered Headset Jacks & Copilot, Super Cabin Soundproofing, Adjustable Pilot's Seat

Flight Controls

Electric Pitch Trim, Rudder Trim

Instruments

AstroTech LC-2 - Clock/Chronograph, True Airspeed Indicator, Engine Hour Meter

Lighting

Strobe Lights, Landing Light, Navigation/Wingtip Strobe Lights, Instrument Lighting

Safety Equipment

Heated Pitot Tube, Alternate Static Source, Cabin Ventilation Fan

Exterior Features

Assist Step

Cowling

Lopresti Howl Cowl

Speed Modifications

Lopresti Speed Spats - Flap Gap Seals

Trim System

Electric Pitch Trim, Rudder Trim

Pitot Static System

Heated Pitot Tube, Alternate Static Source

Cabin Features

Cabin Ventilation Fan, Instrument Lighting, Adjustable Pilot's Seat, Super Cabin Soundproofing, Bose Powered Headset Jacks & Copilot, Assist Step

Fuel System

GAMI Injectors

Avionics Master

Avionics Master Switch

Exterior Upgrades

Lopresti Howl Cowl - Flap Gap Seals, Assist Step

Interior & Exterior

Interior Rating
6/10
Paint Rating
5/10
Interior Notes
Club Seating
Exterior Notes
Matterhorn White with Plum and Gold Striping

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Make
Lycoming
Engine Model
IO-540-K1G5
Engine Power
300 HP
Propeller Model
McCauley Scimitar three-blade prop

Asking Price

$169,900

Aircraft Location

Lexington (KLEX) , KY USA

Listing Details

Used
For Sale

Price History

Dec 7, 2025: $169,900 - trade-a-plane

Dec 7, 2025: $169,900(-$5,000) - controller

Nov 7, 2025: $174,900(-$5,000) - trade-a-plane

+2 more price changes

Contact Seller

First Seen: Aug 19, 2025

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Asking Price

$169,900