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1978 Piper Lance II Turbo (T-Tail)Single-Engine Piston Aircraft • Gainesville, TX, USA

This 1978 Piper Lance II, registered as N54BG, presents as a meticulously maintained turbocharged single with 2,819 hours total time. The aircraft features a 300 HP Lycoming TIO-540-S1AD engine with 1,122 hours since factory remanufacture by Textron Lycoming and a Hartzell three-blade propeller with 711 hours since new installation. Recent maintenance includes an annual inspection completed in April 2025 with no scheduled maintenance due, a new ELT battery, and compliance checks for transponder and altimeter/encoder. The aircraft has no known damage history and has always been hangared.

The Lance II is equipped for IFR flight with a Garmin...

Year
1978
Make
Piper
Series
Lance
Model
Lance II Turbo (T-TAIL)
Tail #
N54BG
Serial #
32R-7887079

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Specifications

Category
Single-Engine Piston
Intended Use
Business, Recreational
Flight Rules
IFR
Seats
6

Hours, Logs & Inspections

Total Time
2,819 hrs
Engine 1 Time
1,122 hrs (SMOH)
Prop 1 Time
711 hrs (SNEW)
Logbook Status
Complete Logs and impeccable Maintenance Records (History)
Inspection Status
Very Meticulously Maintained Fresh Annual Completed (4/2025) Fresh FAR 91.414 Transponder (4/2025) Fresh FAR 91.411 Altimeter and Encoder (4/2025) ELT Battery New (4/2025) Aircraft is Ready to fly with "NO Scheduled Maintenance" due at this time

Avionics

GPS

Garmin GNS 530W - WAAS ADS-B ln/Out

Comms

TKM MX170C - TKM-MXl70C- NAV/COMM Second Radio

ADS-B Out

ADS-B Equipped

Autopilot

Century III - III Auto Pilot

EMS/EIS

Electronics International Engine Monitor - (6) Cylinder Analyzer

Audio

Bendix/King KMA-20 - Audio Panel

PFD

Garmin KI-206A - CDI

Additional Equipment

Electric Trim

Digital Tachometer

Horizon P1000 - Digital Tachometer

Aircraft Tow

POWER TOW 40EZ - Battery Operated Aircraft

Lighting

R.M.D. Aircraft Lighting Wingtip LED - R.M.D. Inc. LED Recognition/LED Landing Lights STC SA1401NW

Fuel Gauges

Aerospace Logic Digital Fuel Gauges - STC SA02825NY

Intercom System

Flight Com 403 - -Six (6) Place System, (6) Place System w/Digital Clearance Recorder

Tachometer

Horizon P1000 - Digital Tachometer

ELT

New ELT Battery

USB Power

Stratus Power Pro - USB B&C Outlet

Trim System

Electric Trim

Shimmy Damper

Knots2U Shimmy Damper - STC SA10594SC

Fuel Injection

GAMIjectors - Turbo STC SE09445SC

Lighting System

R.M.D. Wingtip LED - R.M.D. Aircraft Lighting, Inc. LED Recognition/LED Landing Lights STC SA1401NW

Interior & Exterior

Interior Rating
8/10
Paint Rating
8/10
Interior Notes
Six (6) Place Total with Club Seating Tan Leather Clean (8/10) Carpets Light Brown (8/10) Pilot Seats Leather with Lamb Wool Seat Covers
Exterior Notes
4 Color Paint Scheme (8/10) Exceptionally Clean White/Deep Red Maroon with Black and Gold Stripe Ceramic Coating Applied (2019) Continuity Hangered No Hail Damage

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Make
Lycoming
Engine Model
TIO-540-S1AD
Engine Power
300 HP
Propeller Model
Hartzell HC-E3YR-1RF 3-Blade Prop

Asking Price

$174,900

Aircraft Location

Gainesville, TX, USA

Listing Details

Used
For Sale

Price History

Oct 25, 2025: $174,900 - trade-a-plane

Oct 25, 2025: $174,900(-$12,600) - aso

Jul 17, 2025: $187,500(-$10,000) - controller

+2 more price changes

Contact Seller

First Seen: May 1, 2025

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Asking Price

$174,900