FOR SALE
Offers Over $1,185,000

802/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Stunning 3-Bedroom Apartment: Unbelievable Views & Spacious Balcony

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
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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 Apartment with 2 parking spaces. The place is currently for sale with Coronis Inner South.

Building Type
Apartment

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About Pelican Waters 4551

The size of Pelican Waters is approximately 8.4 square kilometres. It has 15 parks covering nearly 17.6% of total area. The population of Pelican Waters in 2011 was 5,046 people. By 2016 the population was 6,278 showing a population growth of 24.4% 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 2011, 82.2% of the homes in Pelican Waters were owner-occupied compared with 82.7% in 2016.

Pelican Waters has 3,711 properties. Over the last 5 years, Houses in Pelican Waters have seen a 87.09% increase in median value, while Units have seen a 97.72% increase. As at 28 February 2025:

  • The median value for Houses in Pelican Waters is $1,457,110 while the median value for Units is $976,057.
  • Houses have a median rent of $900 while Units have a median rent of $645.
There are currently 41 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Pelican waters.

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Louis D'Espagnac
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Kathy D'Espagnac
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Coronis Inner South
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