908/38 Mahogany Drive, Pelican Waters, QLD 4551 sold on 10 October 2025 | OnTheHouse
SOLD
Sold on 10 Oct 2025 for $775,000

908/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 126m2
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Property Details for 908/38 Mahogany Dr, Pelican Waters

908/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 126m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Pelican Waters in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
105m2
Land Size
126m2
Local Government
Sunshine Coast Regional
Lot/Plan
901/SP168156

Last Listing description (November 2025)

Offering an exceptional lifestyle experience unlike any other, this spacious apartment occupies a dream position within 'Pelican Waters Resort' a high end luxury retreat complete with a full suite of five star facilities. Occupying an elevated position on the ninth floor, this luxurious apartment takes in breathtaking views of the adjoining Greg Norman designed Pelican Waters Golf Course, sparkling ocean blue vistas and even the iconic Glasshouse Mountains. The perfect backdrop to elegant everyday living and entertaining, with everything you could need just moments away

Features include:
Blue chip position within the stunning Pelican Waters Resort a high end luxury retreat complete with a full suite of five star facilities, perfectly positioned adjacent to the renowned Greg Norman designed Pelican Waters Golf Course.

Spacious apartment living spread across an expansive single level design.
Open plan living zone connecting a sleek gourmet kitchen to the dedicated dining and lounge areas before spilling out to a full width balcony with panoramic views.
Breathtaking, elevated vistas across the green and out to both the sparkling blue ocean and iconic Glasshouse Mountains.
Oversize master suite with en-suite bathroom, walk in robe and access out to the balcony via sliding glass doors.
Large second bedroom with built in robes and floor to ceiling glazing drawing in an abundance of natural light and picturesque scenery.
Huge main bathroom with quality fixtures and fittings.
Abundance of storage seamlessly integrated throughout.
Secure garaging for a single vehicle + visitor parking available on-site.
Selection of fantastic amenities including a 20 metre lap pool + lagoon style family pool, two full size tennis courts and a state of the art gymnasium.
Additional amenities include an on-site hairdresser, in-house restaurant (with room service!), caf, bar and newly installed private working space.

Whether you're looking to downsize your home and upgrade your lifestyle, secure a fabulous holiday destination or a quality investment this unique apartment is set to impress. From this prized location you can easily access Pelican Waters Marina, or head to your choice of magnificent beaches close by. For further details or to arrange your inspection get in touch with our friendly team on (07) 5491 9500 we would love to show you around.

Disclaimer:
We have taken all reasonable steps to ensure the accuracy of the information in this listing. However, we encourage prospective buyers to conduct their own due diligence and make any necessary enquiries to verify the details provided. Caloundra City Realty accepts no responsibility for any discrepancies or inaccuracies that may arise.

Property History for 908/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$775,000
10 Oct 2025
Listed for Rent
06 Aug 2021
  • 10 Oct 2025
    Sold for $775,000
  • 27 Aug 2025
    Listed for Sale Offers Over $799,000
  • 22 Aug 2023
    Sold for $685,000
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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 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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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.