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Sold on 25 Jan 2025 for $1,140,000

1104/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 296m2
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Property Details for 1104/38 Mahogany Dr, Pelican Waters

1104/38 Mahogany Dr, Pelican Waters is a 4 bedroom, 3 bathroom Apartment with 2 parking spaces. The property has a floor size of 296m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 4 bedroom Apartment sold in Pelican Waters in the last 12 months.

Building Type
Apartment
Floor Size
296m2

Last Listing description (January 2025)

Yianni Mooney Property proudly presents to the market 1104/38 Mahogany Drive, Pelican Waters.

Your property search ends here. This is the perfect opportunity you have been waiting for.

We welcome you to Apartment 1104 ‘Pelican Waters Resort’.

Immaculately presented and luxuriously appointed throughout, this unique four bedroom, three bathroom apartment boasts an expansive floorplan with a massive 296sqm of total living space. With a spectacular elevated position, showcasing sensational wide span views over the everchanging landscape of the Glass House Mountains and out over the Greg Norman Golf Course, this stylish residence is perfectly situated to make the most of the much sought after Sunshine Coast lifestyle.

Enjoy these never-ending views from your choice of balconies – the main balcony being a huge outdoor entertaining area that flows out through sliding glass doors from both the living and dining areas, the perfect space for entertaining family and friends and taking in the impeccable 180-degree views in both directions – out to Pumicestone Passage, further out to Moreton Island, and compassing around to the iconic Glasshouse Mountains. This is the perfect indoor to outdoor flow, allowing for refreshing coastal breezes to flow freely throughout the home.

Just imagine waking up to these views everyday – you can see forever.

Another balcony is conveniently positioned off the master and second bedroom, and of course adding to the benefit of cross ventilation with those crisp sea breezes lazily filtering through, day in, day out. The guest bedroom also comes complete with its very own private balcony.

An elegant gourmet kitchen serves as the heart of the home, where get-togethers with family and friends take on another level of entertaining. Even the most fastidious of chefs will take absolute delight in this space, complete with an abundance of storage and bench space, quality stainless-steel appliances and immaculate marble benchtops.

Presentation is faultless – this is luxury living without compromise. Offering immense space and flooded with natural light, Apartment 1104 sets the benchmark for premium low maintenance living.

With four spacious bedrooms, the master showcases a large walk-in wardrobe and beautifully appointed ensuite with dual vanities and luxurious spa bath. The second and third bedrooms are both of a generous size, and the guest bedroom has been designed with privacy in mind providing its very own ensuite.

This stunning residence offers an idyllic coastal haven of space, contemporary design and all providing for an easy-care lifestyle. Stay comfortable year-round with ducted air-conditioning throughout.

‘Pelican Waters Resort’ complex features a lagoon style swimming pool as well as a heated lap pool, in-house restaurant, bar, cafe, tennis court, gymnasium and generous event facilities all surrounded by beautiful tropical gardens. Secure double car accommodation with additional storage cage completes the residence.

Perfectly located within a 10 minute drive to Caloundra´s world-famous beaches and easy access to the Bruce Highway, this location is ideal. Pelican Waters Shopping Centre, Tavern, and Marina development are just moments away.

This quality residential apartment will appeal to owner occupiers and investors alike. Nothing to do – just move in and enjoy.

Act quickly to secure this outstanding residence.

What we love about the property:
- Spectacular four bedroom, three bathroom apartment
- Stunning 180-degree ocean, island, hinterland and golf course views
- Huge 296sqm of total living space
- Three balconies – oversized outdoor entertaining
- Beautifully appointed kitchen – marble benchtops, quality appliances
- Master bedroom with private ensuite and walk-in robe
- Ducted air-conditioning throughout, ceiling fans
- Resort style pool and heated lap pool
- Secure double car accommodation – additional storage space
- Hotel restaurant, gym, hairdresser
- Solid addition to any property portfolio
- Nothing to do, just move in
- Short drive to Caloundra’s pristine beaches and CBD
- 15 minutes* to the Sunshine Coast University Hospital
- 25 minutes* to the Sunshine Coast Airport
- 60 minutes* to Brisbane International Airport

Should you require any further information, please call Yianni on 0420 300 977

*approximately

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 1104/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,140,000
25 Jan 2025
  • 25 Jan 2025
    Sold for $1,140,000
  • 02 Jan 2025
    Listed for Sale Offers Over $1,195,000
  • 14 Dec 2022
    Listed for Sale Offers Over $1,095,000
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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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Yianni J. Mooney
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.