802/38 Mahogany Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

802/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 192m2
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Property Details for 802/38 Mahogany Dr, Pelican Waters

802/38 Mahogany Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 192m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
2005
Floor Size
162m2
Land Size
192m2
Local Government
Sunshine Coast Regional
Lot/Plan
803/SP168156

Last Listing description (April 2025)

Discover a magnificent lifestyle in this extraordinary 3-bedroom, 2.5-bathroom apartment that encapsulates luxury living with breathtaking 270-degree views over Pelican Waters, the vast ocean, the lush hinterland, and the iconic Glass House Mountains. This prestigious property not only boasts prime location; it also features a large garden balcony creating an unparalleled outdoor experience.

Step inside to find a beautifully renovated interior that exemplifies open-plan living at its finest. The modern open-plan kitchen, living and dining area is centrally located, adorned with new appliances and designed for both functionality and flair, making it a culinary delight. The sizable master suite is a sanctuary of tranquility, complete with its own private balcony offering stunning views, a luxurious ensuite, and a generous walk-in wardrobe. Bedrooms two and three are equally spacious, enhanced with built-in wardrobes and direct access to the outdoor balcony through sliding doors. These bedrooms are thoughtfully serviced by a stylish family bathroom, alongside a separate toilet and a laundry room with ample storage space. Ducted air-conditioning ensures comfort, while gentle breezes flow throughout the apartment.

The large roof garden deck stands as an entertainer's dream, vast and inviting, offering unparalleled vistas that stretch as far as the eye can see. This remarkable space is perfect for hosting gatherings, enjoying the sunshine, or simply unwinding against a backdrop of mesmerizing views. With two covered outdoor areas, you'll have the perfect setting for alfresco dining, surrounded by the beauty of nature - ideal for pot plants and flowers to enhance the ambiance.

The apartment complex itself is designed for a vibrant lifestyle, featuring a sparkling swimming pool and a tennis court, allowing you to embrace the sunny coast life to the fullest. The added security of the apartment means you can lock up and travel with peace of mind.

If you're in search of a spacious apartment that combines remarkable vistas with the enchanting atmosphere of a garden-like setting on your balcony this is your sanctuary. Don't miss the opportunity to make this breathtaking property your own.

Main Features

- The vast private outdoor terrace with 270-degree breathtaking views
- Spacious open-plan design for living, dining and entertaining
- Expansive master suite, spacious ensuite with walk-in wardrobe
- Spacious second and third bedrooms with direct access to the terrace roof deck
- Fabulous open-plan kitchen, living and dining area
- Separate laundry room with lot of storage
- Ducted air-conditioning,
- Secure two parking spaces and storage cage
- On-site tennis courts and swimming pools
- On-site cafe/restaurant, hairdressers and nail salon
- Adjoining the prestigious Pelican Waters Golf Club
- Short distance to the Pelican Waters Marina and Shops
- Short drive to Golden Beach shops, cafes, restaurants and Esplanade
- 10-minute drive* to Caloundra CBD & local beaches
- 15-20-minute drive* to Sunshine Coast University Hospital
- 30-35-minute drive* to Sunshine Coast Airport and Sunshine Plaza
- 50-minute drive* to Noosa
- 1 hour 15-minute drive* to Brisbane International & Domestic Airports

*Approximately

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 802/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,120,000
25 Feb 2025
Listed for Rent
$525/w
10 May 2020
  • 25 Feb 2025
    Sold for $1,120,000
  • 10 Oct 2024
    Listed for Sale Offers Over $1,185,000
  • 09 Apr 2024
    Listed for Sale Offers Over $1.55m
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About 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.
There are currently 37 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 197 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.