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1995 Lancair IVExperimental Aircraft

Year
1995
Make
LANCAIR
Series
Lancair IV
Model
IV
Tail #
ZP-X025
Serial #
LIV 242

This 1995 Lancair IV (Registration ZP-X025, Serial LIV 242) represents a meticulously restored example with only 165 total airframe hours and a comprehensive 12-month refurbishment completed by Cascade Aircraft in Caldwell, Idaho, at a cost exceeding $175,000. The Continental IO-550-G engine delivers 300 horsepower with just 40 hours since overhaul, paired with a similarly low-time propeller featuring a new governor installed in 2023. The avionics suite underwent a complete modernization in 2023-2024, highlighted by triple Garmin G3X Touch displays, a GFC 500 autopilot with auto-level capability, dual COM radios (GNC255 and GTR225), and full ADS-B compliance via the GPS 20 unit.

The aircraft presents in exceptional condition with a like-new fire red and silver exterior paint scheme and a fresh gray-toned interior. Recent maintenance includes an annual inspection performed by Cascade Aircraft in February 2024. Additional features include carbon wingtip strobes, shoulder harnesses, electric trim, and push-to-talk functionality. With its recent IRAN (Inspect and Repair as Necessary) process and cutting-edge Garmin panel, this Lancair IV offers turnkey readiness for high-performance experimental aircraft enthusiasts.

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Asking Price

$299,500

Location

Chicago, Illinois

Listing Details

Condition
Used
Sale Type
For Sale

Price History

Jun 5, 2025: $299,500 - controller

Contact Seller

First Seen: Jun 5, 2025

Specifications

Category
Experimental
Intended Use
Business, Recreational

Hours, Logs & Inspections

Total Time
165 hrs
Engine 1 Time
40 hrs (SOH)
Prop 1 Time
40 hrs (with new governor (2023))
Inspection Status
Annual performed by Cascade Aircraft February 2024

Avionics

GPS

Garmin GPS 20 - New GPS ADS-B

Comms

Garmin GNC 255 - New NAV/COM/ILS, New COM2

AP

Garmin GFC 500 - New GFC Autopilot with Auto Level

Audio

Garmin GMA 340 - New Audio panel with Bose Interface

transponder

Garmin GTX 327 - New Transponder

PFD

Garmin G3X Touch - Triple Displays

MFD

Garmin G3X Touch - Triple Displays

backupDisplay

Garmin G5 - New backup display

Additional Equipment

Carbon Wingtips

Strobes

Shoulder Harnesses

Electric Trim

Push to Talk

Interior & Exterior

Interior Notes
Like New Interior in Gray tones
Exterior Notes
Like New Paint in Fire Red with Silver Trim

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Make
Continental
Engine Model
IO-550 G
Engine Power
300 HP

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Asking Price

$299,500