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1981 CESSNA CITATION 500 SP
Starts from the median asking price of 5 comparable CESSNA CITATION 500 SP listings ($550,000), then adjusts for:
- Year +5 vs comparable listings +7.5%
- Engine time -1,518 hr vs comps +4.6%
- Modern GPS navigator (uncommon in comps) +3.0%
- Market supply: 13 for sale of 189 FAA-registered -1.8%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | CESSNA CITATION 500 SP |
|---|---|
| Type | Jet |
| Airframe time | 10,129 hrs |
| Engine time | 151 TSHSI |
| Avionics / GPS | Garmin GTN 750, GTN 650 |
| Avionics / Transponder | Garmin GTX 345 |
| Avionics / Other | Garmin GDL 69 |
| Inspection | Phase |
Description
Detailed Description Spectacular Citation I SP with 2023 complete paint and interior and exceptional maintenance. Currently on and maintained to FAA Part 135. Beautiful Grey leather interior with wood grain cabinets. Garmin GTN650 and GTN 750 GPS, GMA35C Audio panel, GTX345 Mode S Transponder. Years of detailed attention to maintenance and restoration give this aircraft exceptional value in its class. Ideal for short range charter or owner flown, it offers an excellent compromise between piston twins and faster light jets. Fresh comprehensive Phase 5 July 2026. Will consider 50% ownership with aircraft remaining on Part 135 Certificate Years of detailed attention to maintenance and restoration give this aircraft exceptional value in its class. Ideal for short range charter or owner flown, it offers an excellent compromise between piston twins and faster light jets. Will consider 50% ownership with aircraft remaining on Part 135 Certificate Maintained per Part 135. Current on all items Fresh Maintenance Status (detailed CAMS reporting) Fresh Phase 5 May 2026 Phase 15-17 and 24 due at 10,500 TT Phase 1-4 due 6/27/2027 ADC/XPDR/Static System/RVSM check due 5/2027
Modifications
Engines: P&W JT15D-1A (3500 TBO)
Avionics
Garmin GTN650 GPS Garmin GTN750 GPS Garmin GTX345 Mode S Xpdr Garmin GMA35C Audio Panel GAD-42/GDL-69 Sperry AP
How this aircraft compares
Where this CESSNA CITATION 500 SP lands versus other CESSNA CITATION 500 SP listings on fyiAero.
Price
80th pct$750k · 80th percentile of 5 listings
Airframe time
60th pct10,129 hours total (TTAF) · 60th percentile of 5 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
