1998 LANCAIR IV-P


  • For Sale
  • 1998
  • LANCAIR IV-P
  • N404YG
  • LIV 322
  • Boise , ID USA

325000 $325,000 USD
OBO

Gustavo Yacaman

  • CALL (317) 414-XXXX (click)
    I accept the Trade-A-Plane terms of use & service:   


    Stay safe. Read more about avoiding scams and protecting your money. By using this site, you agree to our Terms of Use & our Privacy Policy.


    • For Sale
    • 1998
    • LANCAIR IV-P
    • N404YG
    • LIV 322
    • Boise , ID USA

    Gustavo Yacaman

    Gustavo

    General Specs (cont.)

    1505

    950 HOURS

    100 HOURS

    Used

    2023

    2024

    IFR

    4

    Additional Classifications

    Detailed Description

    Video walk-around:
    https://www.youtube.com/watch?v=R7BlO1CTyU4
    N404YG is a beautifully presented Lancair IV-P that has benefited from extensive upgrades, recent refurbishment and attentive maintenance. I purchased a turboprop because my growing family requires more space, so it is time for the Lancair to find a new owner.
    This is not a distressed sale. I am looking for a serious, qualified and experienced buyer who understands the value of a properly maintained and extensively upgraded IV-P. Reasonable offers supported by genuine comparable aircraft are welcome; unrealistic or low-ball offers will not be considered.
    HIGHLIGHTS
    Approximately 900 hours since full engine overhaul
    
    Approximately 500 hours since top overhaul
    
    Recently overhauled turbochargers and wastegate
    
    Recently overhauled propeller
    
    2023 paint, interior and windshield replacement
    
    Pressurized cabin
    
    Ice-cold air conditioning with belly scoop
    
    Risse Racing front strut and latest linkage
    
    High-performance braking system
    
    Extensive AeroLED lighting for excellent nighttime visibility
    
    No known outstanding squawks
    
    N404YG offers an exceptional combination of speed, efficiency and pressurized comfort. Depending on altitude, loading, conditions and power setting, it can cruise at approximately 250 KTAS in the high teens and low twenties while burning approximately 16 GPH.
    The aircraft is currently at Cascade Aircraft in Boise, Idaho, undergoing its annual condition inspection. The inspection will be completed, but final sign-off will not occur until the agreed purchase funds have been deposited in full with a mutually acceptable escrow company. Inspection invoices and complete aircraft logs are available to serious buyers upon request.
    The sale may be contingent upon the aircraft performing as represented during an acceptance flight. That flight will take place after escrow has been fully funded and before the transaction is finalized, subject to the terms of the purchase agreement.
    I am also willing to provide limited post-sale transition support. If the buyer completes their initial Lancair training in Boise and keeps the aircraft there during training, I will cover qualifying aircraft-related mechanical squawks discovered during the first 10 flight hours after delivery. All inspections and repairs must be performed by Cascade Aircraft and approved by me in advance.
    This support is intended for legitimate mechanical squawks attributable to the aircraft's condition at delivery. It does not cover pilot-induced damage, misuse, operational exceedances, normal wear, consumables, cosmetic items, optional improvements or previously disclosed conditions. Complete terms will be included in the purchase agreement.
    OWNER FINANCING
    Owner financing may be available to qualified buyers with a minimum of 50% down and mutually acceptable 24- to 36-month terms.
    Insurance requirements and premiums vary significantly according to experience, ratings, training and time in type. Buyers should obtain a Lancair-specific quotation early in the process.
    Insurance information:
    Joe Ryan - +1 (612) 237-9023
    Aircraft information:
    Gustavo Yacaman
    Call or text: 317-414-1124
    gusty@gustavoyacaman.com
    Additional buyer support:
    Chris Rust - Experienced Lancair pilot and broker
    210-865-4548
    Serious inquiries are welcome. Logs, maintenance records, inspection invoices and additional photographs are available upon request.

    Avionics / Equipment

    GARMIN GLASS PANEL
    
    Dual large-screen Garmin G3X Touch displays
    
    Garmin G5 electronic standby instrument
    
    Garmin GTN 650Xi GPS/NAV/COM
    
    Second Garmin remote COM controlled through the G3X
    
    Garmin GMA 245 audio panel
    
    Garmin GTX 330 Mode S transponder
    
    Garmin GDL 52R ADS-B In and SiriusXM receiver
    
    Garmin GSU 25C ADAHRS
    
    Garmin GMU 22 magnetometer
    
    Garmin GAD 29 data interface
    
    Garmin GEA 24 engine indication system
    
    Garmin GAP 26 heated pitot/AOA system
    
    Integrated Garmin engine monitoring
    
    Artex 345 406 MHz ELT
    
    AUTOPILOT
    
    Fully integrated Garmin G3X Touch autopilot system featuring:
    
    Garmin GMC 507 controller
    
    Three Garmin GSA 28 servos
    
    Pitch and roll control
    
    Yaw damper
    
    Automatic trim
    
    Electronic Stability and Protection
    
    Flight director
    
    Level mode
    
    Coupled navigation
    
    Full coupled LPV approach capability

    Airframe

    Located in Boise, IdahoSerial Number: LIV-322Approximately 1,505 Hours Total TimeApproximately 902 Hours SMOHApproximately 523 Hours Since Top OverhaulApproximately 143 Hours Since Propeller Overhaul
    
    ERFORMANCE
    
    Owner-reported normal cruise performance:
    
    220-230 KTAS
    
    Approximately 65% power
    
    Approximately 15.5 GPH
    
    Preferred operating altitude of 14,000-16,000 feet
    
    Pressurized cabin with 5.5 PSI maximum differential
    
    92-gallon fuel capacity
    
    AIRFRAME AND CABIN
    
    Pressurized four-place composite airframe
    
    Maximum pressure differential: 5.5 PSI
    
    Air conditioning-fully operational and ice cold
    
    2023 exterior paint
    
    2024 leather interior with diamond stitching
    
    Rosen sun visors
    
    Suede-covered glare shield
    
    Newer windshield
    
    AeroLED exterior lighting
    
    Risse Racing front strut and updated nose-gear linkage
    
    High-performance brake components and braided brake lines
    
    Oxygen system
    
    Modified lower-panel area providing additional leg and knee clearan

    Engines / Mods / Prop

    Continental TSIO-550-E(3)Engine Serial Number: 803040
    
    Major overhaul completed January 31, 2009, at 603.3 airframe hours. Current engine time is approximately 902 SMOH based on approximately 1,505 hours total airframe time.
    
    The major overhaul included six new Continental cylinder kits, pistons, rings, pins, valves, springs, keepers, camshaft components, intake and exhaust lifters, crankshaft and connecting-rod work, crankcase repair and recertification by DIVCO, oil and fuel hoses, ignition components, engine mounts and associated hardware.
    
    Six-cylinder top overhaul completed beginning in June 2017 at 981.7 airframe hours. Approximately 523 hours since top overhaul.
    
    No. 3 cylinder replaced in July 2020.
    
    TURBOCHARGER SYSTEM
    
    Both Hartzell turbochargers and the Hartzell wastegate were overhauled by Main Turbo Systems during the 2024 propeller-maintenance period.
    
    Overhauled units installed August 29, 2024, at 1,361.7 aircraft hours:
    
    Turbocharger P/N 466304-9003, S/N AEN37367
    
    Turbocharger P/N 466304-9003, S/N ACN39453
    
    Wastegate P/N 481064-9002, S/N YEL08875
    
    One turbocharger was exchanged again in July 2025 before Oshkosh:
    
    Hartzell P/N 466304-9003
    
    Alternate P/N 646677
    
    S/N YFL37111
    
    Main Turbo Systems invoice and FAA 8130-3 documentation available
    
    
    PROPELLER
    
    Hartzell three-blade constant-speed propellerModel: HC-H3YF-1RF/F7693DFSerial Number: LX604B
    
    Overhauled by Palm Beach Aircraft Propeller in August 2024 and installed August 29, 2024, at 1,361.7 aircraft hours.
    
    Approximately 143 hours since propeller overhaul.
    
    Overhauled McCauley propeller governor installed during the same maintenance period.

    Interior / Exterior

    2024 interior in 10/10 shape. All leather with diamond stitching. Rossen sun visors, and suede dash cover.

    Remarks

    Please don't call me or email me to offer your broker services. I am capable of selling this plane on my own.