1986 Piper Cheyenne for sale

1986 Piper Cheyenne

Multi Engine Turboprop

FOR SALE
$999,000
Location Fort Lauderdale, FL
Total Time 5,076 hrs
Engine SMOH 984 hrs
Seats 8
Serial # 42-5527034
Reg # N448CA
Engine Turbo-prop ×2
Cruise 240 kts (444 km/h)
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Flight Deck Manufacturer/Model COLLINS ADS-B Equipped Yes WAAS Yes

Description

⚡RARE OPPORTUNITY: Piper Cheyenne 400LS – The Fastest Turboprop Ever Built! Introducing the legendary Piper Cheyenne 400LS – the crown jewel of Piper's turboprop lineup and one of the most exhilarating aircraft in its class. With only 44 units ever built, this aircraft is a true collector’s gem and a high-performance machine that leaves even light jets in its wake. ⚡ Performance Like No Other Powered by twin Garrett TPE331-14GR engines, the 400LS cruises effortlessly at over 400 mph (350 KTAS) and climbs with jet-like authority. Its pressurized cabin and 41,000 ft service ceiling deliver jet-class performance with the efficiency of a turboprop – unmatched in its category. ⚡️ Why Choose the Cheyenne 400LS? - Outperforms King Air 200 and even early Citations - Lower operating costs than jets - Short-field capable with incredible climb and cruise performance This is not just a turboprop – it's a statement. Whether you’re a private owner, fleet operator, or collector, the Piper Cheyenne 400LS offers a unique blend of speed, elegance, and legacy that no other aircraft can match.

Engine

Engine 1 Make/Model: GARRETT TPE331-14A Engine 1 Serial Number: P-51045 Engine 1 Time: 984.1 SMOH Engine 1 TBO: 3,600 Engine 1 Cycles 2,969 Engine 2 Make/Model: GARRETT TPE331-14A Engine 2 Serial Number: P-57-048 Engine 2 Time: 984.1 SNEW Engine 2 TBO: 3,600 Engine 2 Cycles 2,969 Prop 1 Manufacturer: MT Prop 1 Model: MTV-27-1-E-C-F-R(G) Prop 1 Time: 705.1 SMOH Prop 2 Manufacturer: MT Prop 2 Model: MTV-27-1-E-C-F-R(G) Prop 2 Time: 49 SMOH Number of Blades: 5 Prop Notes: PROP 2 is installed the new in January, 2024.

Propeller

PROP #2 is overhauled the new in January, 2024. PROP #1 was overhaul

Interior

The interior has been updated with cosmetic refreshments.

Exterior

The exterior of this aircraft was completely repainted in 2023.

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison 1 active offer

Source Price Action
Listing Source
aso.com
$990,000
Seating Layout
globalplanesearch.com
$990,000
Andrey Borisevich
controller.com
$999,000
$1,190,000
FlyDreams Aircraft Sales
aviationtrader.com.au
$1,030,355
Listing Source
controlleremea.co.uk
$1,345,128 *
GBP £754,292

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Piper Cheyenne loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cheyenne

This 1986 Piper Cheyenne (N448CA) is a 8-seat multi engine turboprop with 5,076 hours on the airframe. There are currently 25 Cheyenne aircraft listed for sale with asking prices ranging from $495,000 to $1,514,887. This aircraft is priced above the market average at $999,000.

The Cheyenne cruises at 240 kts (444 km/h) with a range of 1,400 nm (2,593 km) — suitable for regional and medium-distance travel. Service ceiling of 31,000 ft allows operation above most weather.

Operating costs: Fuel burn is 55 GPH (208 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $302/hr in fuel alone. Total variable cost including maintenance reserves is approximately $650/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $100,000. With 5,076 hours on the airframe, this aircraft has exceeded TBO (3,500 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (SOUTHERN AIRCRAFT CONSULTANCY INC TRUSTEE)
Safety record: 0 NTSB incidents
Airframe: 5,076 hours — verify engine time vs TBO (3,500 hrs)
Budget $825 for pre-purchase inspection

Piper Cheyenne — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
8
Cruise Speed
240 kts (444 km/h)
Max Speed
262 kts (485 km/h)
Range
1,400 nm (2,593 km)
Ceiling
31,000 ft (9,449 m)
Max Weight
9,050 lbs (4,105 kg)
Useful Load
2,900 lbs (1,315 kg)
Fuel Capacity
365 gal (1382 L)
Fuel Burn
55 GPH (208 L/h)
Engines
2
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Cheyenne

Fuel Burn
55.0 GPH
~$358/hr
Variable Cost
$650/hr
fuel + mx + reserves
Annual Fixed
$100,000/yr
hangar + insurance + annual
Engine Overhaul
$300,000
every 3,500 hrs

AeroGurus estimates based on industry averages for the PIPER Cheyenne. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

Registered Owner

SOUTHERN AIRCRAFT CONSULTANCY INC TRUSTEE

Registration Address

CASPER, WY

Certificate Issued

2026-02-18

Airworthiness

1998-02-13

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Fort Lauderdale, FL

Seller reported 1087 more aircraft in FL →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in Fort Lauderdale, FL but FAA registration shows CASPER, WY. Aircraft may have been relocated. Confirm current location with seller.

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

No incidents found

NTSB database checked for N448CA.

Price History

4 price events · sources: aso, controlleremea.co.uk, aso.com, aviationtrader.com.au

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.