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Single-Engine Piston

1944 NORTH AMERICAN P-51D MUSTANG

🕒 Listed 2 months ago
$1,600,000
fyiEstimate $234,500–$240,500 ⓘ How this estimate is built

Starts from the median asking price of 14 comparable North American Single-Engine Piston listings ($249,000), then adjusts for:

  • Year -3 vs comparable listings -4.5%
  • No ADS-B (57% of comps have one) -1.5%
  • Market supply: 3 for sale of 70 FAA-registered +1.4%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

1944
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N5483V ✈ Flight Tracking
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44-73158
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1
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T Reilly Vintage Aircraft INC Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelNorth American P-51D MUSTANG
TypeSingle-Engine Piston
Airframe time—
Engine time0

Description

The best and most complete North American P-51D project in the world! You can not find a better project anywhere. All parts for the project have been acquired by the current owner over the past 20 years. Many are New Old Stock. The restoration work done to date has been to the same quality as the Tom Reilly Vintage Aircraft restored XP-82 Twin Mustang which won the 2019 Grand Champion Warbird awards and two Golden Wrench Awards at Sun N' Fun 2019 and EAA Airventure (Oshkosh 2019). Here is your chance to buy a P-51D project and finish it to your specifications.

Modifications

Previously listed as a TF-51 dual control project to be sold as a completed aircraft, this project is now being sold with it current P-51D fuselage and is being offered As is, Where Is. All parts for the project have been acquired by the restorer over the past 20 years. Many are New Old Stock. The restoration work done to date has been to the same quality as the Tom Reilly Vintage Aircraft restored XP-82 Twin Mustang which won the 2019 Grand Champion Warbird awards and two Golden Wrench Awards at Sun N' Fun 2019 and EAA Airventure (Oshkosh 2019). If desired, Tom Reilly Aviation can be contracted with to rebuild subassemblies or complete the restoration for the new owner. Work Completed to Date: Fuselage: New fuselage with new longerons and all new skins Wings: Odeagaard Wing Kit - needs to be built up Engine Mount - Overhauled Horizontal Stabilizer - Overhauled Vertical Stabilizer - Overhauled Scoop - Overhauled Doghouse - Overhauled 2x Elevators - Overhauled 2x Ailerons - Overhauled 2x Flaps - New Rudder - Overhauled. Covered in Stits Complete set of fairings - New Windshield - New Throttle Quadrant - Overhauled Gear and Flap handles - Overhauled Canopy crank and chain - Overhauled Instrument Panel - complete with overhauled instruments All hydraulics - NOS or overhauled New Coolant door actuator New Oil door actuator New Oil Tank - Overhauled Induction Trucks - Being Overhauled Wing Tip Extensions - New Original Equipment: Two original oxygen bottles Six 50 caliber replica machine guns w/ new ammo and correct date on shells 12 new Exhaust Stacks - Heavy Duty Exhaust shrouds - Inner and Outer - New Coolant Tubes - New Martin Radiator - New P-51 brakes - OHC. New discs 2x Original fuel cells 2x Bomb shackles 2x Drop Tanks - to be overhauled Other - Complete set of P-51 Manuals All parts for the project have been acquired by the restorer over the past 20 years. Many are New Old Stock.

Recommended avionics upgrades

Garmin GTN 650Xi

No IFR GPS navigator is listed — a GTN 650Xi is the standard entry point for WAAS/LPV capability.

See prices & suppliers ›
Garmin GFC 500 autopilot

No autopilot is listed — a GFC 500 (or S-TEC 3100 / Trio Pro Pilot where the GFC isn't STC'd) adds a modern digital autopilot with envelope protection, subject to model approval.

See prices & suppliers ›
Garmin GTX 345 (ADS-B In/Out)

No ADS-B is listed — a GTX 345 delivers required ADS-B Out plus In (traffic & weather) in one transponder.

See prices & suppliers ›

Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

General

Year1944
ManufacturerNORTH AMERICAN
ModelP-51D MUSTANG
Registration #N5483V
Serial Number44-73158
ConditionUsed
Total Time0

Engine

Engine 1 Time0

Modifications/Conversions

Modifications/ConversionsPreviously listed as a TF-51 dual control project to be sold as a completed aircraft, this project is now being sold with it current P-51D fuselage and is being offered As is, Where Is. All parts for the project have been acquired by the restorer over the past 20 years. Many are New Old Stock. The restoration work done to date has been to the same quality as the Tom Reilly Vintage Aircraft restored XP-82 Twin Mustang which won the 2019 Grand Champion Warbird awards and two Golden Wrench Awards at Sun N' Fun 2019 and EAA Airventure (Oshkosh 2019). If desired, Tom Reilly Aviation can be contracted with to rebuild subassemblies or complete the restoration for the new owner. Work Completed to Date: Fuselage: New fuselage with new longerons and all new skins Wings: Odeagaard Wing Kit - needs to be built up Engine Mount - Overhauled Horizontal Stabilizer - Overhauled Vertical Stabilizer - Overhauled Scoop - Overhauled Doghouse - Overhauled 2x Elevators - Overhauled 2x Ailerons - Overhauled 2x Flaps - New Rudder - Overhauled. Covered in Stits Complete set of fairings - New Windshield - New Throttle Quadrant - Overhauled Gear and Flap handles - Overhauled Canopy crank and chain - Overhauled Instrument Panel - complete with overhauled instruments All hydraulics - NOS or overhauled New Coolant door actuator New Oil door actuator New Oil Tank - Overhauled Induction Trucks - Being Overhauled Wing Tip Extensions - New Original Equipment: Two original oxygen bottles Six 50 caliber replica machine guns w/ new ammo and correct date on shells 12 new Exhaust Stacks - Heavy Duty Exhaust shrouds - Inner and Outer - New Coolant Tubes - New Martin Radiator - New P-51 brakes - OHC. New discs 2x Original fuel cells 2x Bomb shackles 2x Drop Tanks - to be overhauled Other - Complete set of P-51 Manuals All parts for the project have been acquired by the restorer over the past 20 years. Many are New Old Stock.

Previous listing for N5483V

Previous listing photo of N5483V

1944 NORTH AMERICAN TF51D

Then asking
$1.6M
Airframe
10 hrs
View previous listing ↗ · last seen Oct 2026

Range from base

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Last flight

Actual flight path from FlightAware for N5483V. More flight tracking ›