Endobronchial lipomas are extremely rare benign tumours of the lung. Their clinical presentation mimics that of obstructive lung diseases such as asthma and chronic obstructive pulmonary disease (COPD), leading to a delay in diagnosis and errors in treatment. Therefore, making precise diagnosis may be challenging. We report a case of a 63-year-old man with paroxysmal attacks of dyspnea, non-productive cough, and wheezing, initially suspect for adult onset asthma, but with a final diagnosis of endobronchial lipoma.