Yes it is. He's asking a premium for it, IMHO, but.. they aren't making any more of them. It *appears* to be in well kept shape by someone that cares. I've said many times, "The cheapest Guzzi you can find is the most expensive."
I loved my old SP.. certainly one of the best sport tourers of the day. The fairing is amazing. If you are properly sized (I am) put the lowers back on.