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1989 PIPER MALIBU MIRAGE
Starts from the median asking price of 17 comparable PIPER MALIBU MIRAGE listings ($752,500), then adjusts for:
- Year -15 vs comparable listings -20.0%
- Airframe time +281 hr vs comps -0.6%
- Engine time -724 hr vs comps +2.2%
- Market supply: 28 for sale of 382 FAA-registered -2.3%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | PIPER MALIBU MIRAGE |
|---|---|
| Type | Single-Engine Piston |
| Airframe time | 2,124 hrs |
| Engine time | 296.9 SMOH |
| Prop blades | 4 |
| ADS-B | Yes |
| Inspection | Annual |
| Airworthy | Yes |
Description
1989 Piper Malibu Mirage Pressurized Performance. Exceptional Value. Ready to Fly. If you've been searching for an affordable entry into the legendary Piper Mirage, this aircraft deserves a serious look. Combining pressurized comfort, proven Lycoming reliability, and an exceptionally clean presentation, this 1989 Mirage delivers the performance and capability that have made the PA-46 one of the most sought-after high-performance piston aircraft ever built. Whether your mission is business travel, family vacations, or efficient cross-country transportation, this Mirage offers the speed, comfort, and efficiency to get you there above the weather in a spacious, six-place pressurized cabin. Highlights • 199 Hours Since Major Engine Overhaul • 0 Hours Since Major Prop Overhaul • Excellent IFR Garmin avionics suite • Fresh exterior paint completed in 2015 • Original interior in outstanding condition • Seats professionally refinished in 2021 • Complete logbooks • Meticulously maintained • Ready for immediate service Confidence in Every Flight One of this aircraft's greatest strengths is its overhauled Lycoming TIO-540 engine. With 199hours since overhaul, the next owner benefits from maximum engine life while enjoying the renowned reliability and performance that have made the Mirage a favorite among owner-pilots. A Proven IFR Platform Equipped with a capable Garmin avionics suite, this Mirage is well suited for serious IFR operations. The panel provides the situational awareness and functionality today's pilots expect while maintaining a clean, efficient cockpit layout. Comfort Without Compromise The Mirage remains one of general aviation's premier personal transportation aircraft. Pressurization allows comfortable operation into the flight levels while the spacious executive cabin offers outstanding passenger comfort on both short and long-range missions. Fresh paint, an exceptionally well-preserved interior, and thoughtful cosmetic updates give this aircraft a professional appearance inside and out. Why Buy This Mirage? Finding a Mirage that combines: • Fresh Prop overhaul • Low time engine since major overhaul • Attractive paint • Complete maintenance records • Proven IFR capability This aircraft represents an outstanding opportunity for buyers seeking a turnkey PA-46 with significant value already built into the engine. If you're looking for a capable, efficient, and comfortable cross-country aircraft without paying the premium commanded by heavily modified examples, this Mirage deserves a place at the top of your list. Contact us today for complete specifications, digital logbooks, maintenance history, and to schedule a personal showing.
Modifications
- Extended range fuel tanks - LED Nav strobes - LED Landing Light - LED taxi light - MT 4 Blade composite propeller, freshly overhauled. -CGR-30C Engine Monitor
How this aircraft compares
Where this PIPER MALIBU MIRAGE lands versus other PIPER MALIBU MIRAGE listings on fyiAero.
Price
6th pct$459k · 6th percentile of 17 listings
Airframe time
65th pct2,124 hours total (TTAF) · 65th percentile of 20 listings
Engine time
32nd pct296 hours since major overhaul · 32nd percentile of 19 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
General
| Year | 1989 |
|---|---|
| Manufacturer | PIPER |
| Model | MALIBU MIRAGE |
| Serial Number | 4622052 |
| Registration # | N220W |
| Condition | Used |
| FlightRules | IFR |
Airframe
| Total Time | 2,124.1 |
|---|---|
| Max Takeoff Weight | 4,300 lb |
| Basic Empty Weight | 3,071.22 lb |
| Useful Load | 1,228 lb |
| Fuel Capacity Volume | 140 gal |
| Auxiliary Fuel Tank | Yes |
| Complete Logs | Yes |
| Spoilers | Yes |
Engine
| Engine 1 Make/Model | LYCOMING TIO-540-AE2A |
|---|---|
| Engine Horsepower | 350 HP |
| Engine 1 Time | 296.9 SMOH |
| Engine TBO | 2000 |
| Year Engine Overhauled or Installed as New | 2018 |
| Turbocharged | Yes |
Props
| Prop Manufacturer | MT |
|---|---|
| Prop Model | MTV-14-B |
| Prop Time | 0 SMOH |
| Number of Blades | 4 |
| Blade Composition | Composite |
Avionics
| GPS 1 Manufacturer/Model | GARMIN GNS530 |
|---|---|
| GPS 2 Manufacturer/Model | GARMIN GNS530 |
| Transponder 1 Manufacturer/Model | GARMIN GTX330ES |
| Auto Pilot | Yes |
| Autopilot Manufacturer/Model | BENDIX/KING KAP150 |
| ADS-B Equipped | Yes |
| Engine Monitor | Yes |
Additional Equipment
| Pressurized | Yes |
|---|---|
| Flight Into Known Icing (FIKI) | Yes |
| A/C | Yes |
Modifications/Conversions
| Modifications/Conversions | - Extended range fuel tanks - LED Nav strobes - LED Landing Light - LED taxi light - MT 4 Blade composite propeller, freshly overhauled. -CGR-30C Engine Monitor |
|---|
Interior
| Year Interior | 1989 |
|---|
Exterior
| Year Painted | 2015 |
|---|
Inspection Status
| Inspection Status | The aircraft is currently undergoing a comprehensive annual inspection at Malibu Aerospace, where it is receiving an extensive maintenance program well beyond the standard inspection requirements. As part of this work, the propeller is being overhauled, a new left-wing de-ice boot is being installed, and numerous additional maintenance items are being addressed to ensure the aircraft is delivered in exceptional mechanical condition. Upon completion, the next owner will benefit from a meticulously maintained, turnkey aircraft that is ready for years of reliable service. |
|---|---|
| Airworthy | Yes |
