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1978 Piper Turbo Lance IISingle-Engine Piston Aircraft • Gainesville, TX, USA

This 1978 Piper Turbo Lance II (N54BG) presents as a meticulously maintained, IFR-certified six-seat club configuration aircraft with excellent cross-country capabilities. With 2,812 total hours on the airframe and a 300 HP Lycoming TIO-540-S1AD engine showing 1,117 hours SMOH (remaining until 1,800-hour TBO), the turbocharged performer delivers cruise speeds of 165-175 KIAS and a service ceiling of FL200. The aircraft features a fresh annual completed in April 2025, including compliant transponder, altimeter/encoder, and new ELT battery, with no known damage history and complete logs documenting its always-hangared life.

The well-equipped...

Year
1978
Make
Piper
Series
Lance
Model
Turbo Lance II
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
2,812 hrs
Engine 1 Time
1,117 hrs (SMOH)
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

Comms

TKM MX170C - Nav/Comm Second Radio

ADS-B Out

ADS-B Equipped

Autopilot

Century III - III Auto Pilot

EMS/EIS

Electronics International Engine Monitor - Six (6) Cylinder

Additional Equipment

Electric Trim

Digital Tachometer

Horizon P1000 - Digital Tachometer

Aircraft Tow

POWER TOW 40EZ - POWER Battery Operated Aircraft TOW

Lighting

Wingtip LED Recognition/LED Landing Lights

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 3-blade

Asking Price

$187,500

Aircraft Location

Gainesville, TX, USA

Listing Details

Used
For Sale

Price History

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

May 30, 2025: $197,500(-$17,500) - controller

May 1, 2025: $215,000 - controller

Contact Seller

First Seen: May 1, 2025

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Asking Price

$187,500