BarnstormersA

HOME WITH HANGAR FOR SALE SOON

Name: HOME WITH HANGAR FOR SALE SOON
Brand: Experimental
Price: 425000 USD
Availability: InStock

2003 Experimental

Corning, CA Listed 2 months ago

About this aircraft

$425,000 · COMING SOON! · If you are looking for a beautiful home with hangar located in Northern California, we will soon be listing one. Here is a sneak peak of the 1 acre, approx 1500 SF, 2003 manufactured home with a separate stand alone 2 car garage with office that could be converted to an additional dwelling unit. The hangar already is equipped with a full bathroom and office area/loft also could be constructed into an ADU. New flooring, new roof 2026, new well pump 2024. House should be available in the Fall. 17380 Rancho Tehama Rd. Corning, CA; 20 minutes outside of Corning, Red Bluff and Interstate 5

Specifications

Year: 2003
Total time (TTAF): 235 hrs
Engine time (SMOH): 585 hrs

How this stacks up

1 to ask about

Listed 2 months ago
On the market for a month or more — worth asking about negotiating room
Price increased $390,000
Up 1114% from $35,000
3/5 key specs
Most key specs are provided; verify any missing details with the seller

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Airframe time

Average over the aircraft's life — 235 hrs total time across ~23 years. A rule of thumb, not a guarantee.

≈10 hrs/yrLow time

Low-time for its age

This airframe has averaged about 10 hrs/year over ~23 years — light use for a personal aircraft. Fewer hours can mean lighter wear, but aircraft that sit also risk dried seals, corrosion, and stale fuel-system components. Ask how regularly it's flown and what the recent annual inspections found.

Price history

Price increased· Aug 29, 2026$425,000+$390,000 (+1114%)
Listed · Jun 25, 2026$35,000

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Your actual costs will vary.

As a sole owner

$2,188/mo$26,250/yr

≈ $263 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$425,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $11,250 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$425,000	$2,188/mo	$26,250/yr
1/2 share	$212,500	$1,594/mo	$19,125/yr
1/3 share	$141,667	$1,396/mo	$16,750/yr
1/4 share	$106,250	$1,297/mo	$15,563/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$425,000

Listing trust

2/4

Complete detailsYear, registration, make/model, and a full description.
Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
Transparent priceA real asking price, not "contact for price".
Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.

What do these mean? →