907/38 Mahogany Drive, Pelican Waters, QLD 4551 sold on 03 December 2025 | OnTheHouse
SOLD
Sold on 03 Dec 2025 for $1,025,000

907/38 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 907/38 Mahogany Dr, Pelican Waters

907/38 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 December 2025. There are other 3 bedroom Unit sold in Pelican Waters in the last 12 months.

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

Last Listing description (March 2026)

Welcome to 907/38 Mahogany Drive, Pelican Waters. From its commanding ninth-floor position, this sophisticated residence within Pelican Waters Resort captures sweeping views that stretch from the coastline and Moreton Island to the dramatic peaks of the Glasshouse Mountains.

A home of house-like proportions and refined comfort, this three-bedroom apartment delivers the perfect balance of privacy, security, and coastal sophistication ideal as a luxury retreat, lock-and-leave holiday escape, or astute investment in one of the Sunshine Coasts most desirable destinations.

From the moment you step inside, an abundance of natural light and breathtaking vistas invite you to slow down and savour the view. The open-plan living and dining area forms the heart of the home, framed by glass doors that open to expansive balconies three in total designed for entertaining or quiet reflection as the light shifts over the landscape.

The kitchen is a statement in contemporary coastal design, finished with stone benchtops, quality stainless-steel appliances, and generous storage. Perfectly positioned to capture the view, its an inviting space to cook, gather, and connect with family and friends.

Each of the three bedrooms is generously scaled, with the master suite offering a private retreat of its own complete with balcony access, a walk-in robe, and a luxurious ensuite. The remaining bedrooms are equally spacious, each designed to maximise natural light and comfort, with a central bathroom and separate laundry ensuring functionality meets finesse.

The apartments design and inclusions reflect an effortless coastal lifestyle, with ducted air-conditioning, ceiling fans, plantation shutters, and stylish finishes throughout. For peace of mind, the building offers high-level security with individual floor access and a secure two-car garage.

Whether youre watching the sunrise over the ocean, hosting friends on the balcony at sunset, or simply soaking in the tranquility from your elevated vantage point, every moment here is designed to feel like an escape.

What We Love
- Expansive 192m apartment on the ninth floor of Pelican Waters Resort
- Panoramic views of Moreton Island, the Pacific Ocean & Glasshouse Mountains
- Three oversized bedrooms, including a master with private balcony & ensuite
- Three large balconies for outdoor living and entertaining
- Two bathrooms plus separate laundry
- Fully ducted air-conditioning for year-round comfort
- Secure complex with individual floor access & two-car garage
- Ideal for investors, downsizers or as a luxury holiday home
- Resort-style facilities including lap pool, tennis court, gym & fine dining

Residents enjoy access to a superb suite of Pelican Waters Resort amenities designed for leisure and lifestyle. Unwind by the lagoon-style swimming pool, swim laps in the heated pool, or stay active with the tennis court and gymnasium. Dine at the in-house restaurant, relax at the sports bar or caf.

The location offers seamless access to the best of the Sunshine Coast. Golden Beach is just five minutes away, Bulcock Streets boutiques and cafs are within ten, while Sunshine Coast University Hospital and Kawana Shopping Centre are both around 20 minutes by car. Maroochydore Airport is just 30 minutes away, and Brisbane is an easy 60-minute drive ideal for those seeking convenience alongside a relaxed coastal lifestyle.

Perfectly positioned within moments of the Pelican Waters Golf Club, Marina Village, and Caloundras pristine beaches, this residence offers the ultimate coastal lifestyle where every day feels like a holiday, and every outlook reminds you just how special this place is.

For those seeking refined apartment living without compromise, contact Mary-Ann McLoughlin to secure this exceptional ninth-floor sanctuary.

Property History for 907/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,025,000
03 Dec 2025
  • 03 Dec 2025
    Sold for $1,025,000
  • 04 Nov 2025
    Listed for Sale Offers Over $995,000
  • 02 May 2025
    Listed for Sale $1,038,000
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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 43 properties listed for sale, and 7 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 195 properties were sold in the past 12 months in Pelican waters.

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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.