503/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 503/38 Mahogany Dr, Pelican Waters
503/38 Mahogany Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 188m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Unit sold in Pelican Waters in the last 12 months.
Last Listing description (November 2025)
If you are looking for space, views and a Resort style living lifestyle, then look no further than this larger than average apartment that has two parking spaces in the popular Pelican Waters Resort.
This home could be a perfect investment, weekend retreat or future home to downsize to in the future.
The apartment is located on the fifth floor of The Pelican Waters Resort.
The master bedroom has its own walk-in wardrobe, ensuite and balcony and the two other spacious bedrooms have built-in wardrobes access to balconies and ceiling fans.
The kitchen would inspire any wannabe chefs or entertainers with its stone benchtops, the lounge/dining is spacious and light with sliding doors giving access on to the balconies.
The Resort offers two refreshing swimming pools, as well as a heated lap pool, a barbecue area, lush gardens and tennis courts. The Pelican Waters Resort also has its own restaurant, sports bar and "room service" facility. The location is paramount with direct access to Pelican Waters Golf Club, within easy walking distance to Golden Beach Shops, Shopping Centres and Tavern.
Apartments of this size are rare to find. The Sellers are highly motivated, so if you don't want to miss this opportunity, get a wiggle on and come and see apartment 503!
- 3 spacious bedrooms
- Master bedroom with ensuite, walk-in wardrobe and balcony
- Kitchen with stone benchtops
- Spacious lounge/dining
- Air Conditioning
- Laundry room
- Two parking spaces in secure under-ground parking
- Well maintained Resort style complex with on-site management
- Sparkling heated inground lap pool plus children's pool
- 2 tennis courts
- Access to the gymnasium by membership
- *10-minute to the Caloundra CBD & local beaches
- *30-minute to Sunshine Coast Airport & Sunshine Plaza
- *45-minute drive to Noosa
- *1hr 10 mins drive to Brisbane International & Domestic Airports
- * Approximately
- Rates $1,681.40 per half year
- Body Corporate Fees: $14,803.26 after discount
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Property History for 503/38 Mahogany Dr, Pelican Waters, QLD 4551
- 17 Sep 2025Sold for $890,000
- 14 Aug 2025Listed for Sale Offers Over $875,000
- 14 Mar 2012Listed for Rent - Price not available
Recent sales nearby
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0About Pelican Waters 4551
The size of Pelican Waters is approximately 8.4 square kilometres. There are 15 parks, covering nearly 17.6% of the total area. The population of Pelican Waters in 2016 was 6277 people. By 2021 the population was 7393 showing a population growth of 17.8% in the area during that time. The predominant age group in Pelican Waters is 60-69 years. Households in Pelican Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pelican Waters work in a professional occupation.In 2021, 85.60% of the homes in Pelican Waters were owner-occupied compared with 82.70% in 2016.
Pelican Waters has 3,792 properties. Over the last 5 years, Houses in Pelican Waters have seen a 57.47% increase in median value, while Units have seen a 91.90% increase. As at 31 July 2026:
- The median value for Houses in Pelican Waters is $1,675,933 while the median value for Units is $1,172,139.
- Houses have a median rent of $990 while Units have a median rent of $750.
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