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1998 Lancair IV-PExperimental Aircraft

Year
1998
Make
LANCAIR
Series
Lancair IV
Model
IV-P
Tail #
N404YG
Serial #
LIV322

This 1998 Lancair IV-P (N404YG) presents as a well-maintained experimental aircraft with 1,480 total hours and a mid-time engine showing approximately 850 hours since major overhaul. The airframe received comprehensive refurbishment in 2023 including fresh paint, interior, and windshield replacement, described as being in "10/10 shape." The Continental powerplant has approximately 500 hours since top overhaul, with recently serviced turbos, waste gate, and propeller.

Equipped for high-performance operations, this IV-P cruises at 230 knots while burning 15 GPH in pressurized comfort, typically operating in the high teens to low 20s flight levels. Notable upgrades include Rissi Racing front strut with updated linkage, high-intensity Aeroleds lighting, high-friction brakes enabling operations from 2,000-foot runways, and an effective air conditioning system with belly scoop. The seller notes all systems are currently squawk-free, though advises prospective buyers to anticipate higher insurance costs during initial ownership. The aircraft is based at KTMB (Miami, Florida) as the owner transitions to a Piper JetProp due to growing family needs.

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Asking Price

$395,000

Location

Miami, Florida

Listing Details

Condition
Used
Sale Type
For Sale

Price History

Jun 18, 2025: $395,000(+$10,000) - controller

May 21, 2025: $385,000(-$10,000) - trade-a-plane

Apr 20, 2025: $395,000 - trade-a-plane

Contact Seller

First Seen: Apr 20, 2025

Specifications

Category
Experimental
Intended Use
Business, Recreational
Flight Rules
IFR

Hours, Logs & Inspections

Total Time
1,480 hrs
Engine 1 Time
850 hrs (SMOH)

Additional Equipment

Air Conditioning

Ice cold AC with belly scoop

Lighting

Aeroleds lights

Brakes

High friction brakes

Strut

Rissi Racing front strut and latest linkage

Interior & Exterior

Interior Notes
2023 interior and windshield replacement in a 10/10 shape
Exterior Notes
2023 Paint in a 10/10 shape

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Model
IO-540
Engine Power
300 HP

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Asking Price

$395,000