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Back 908/38 Mahogany Drive
Off Market

908/38 Mahogany Drive

Pelican Waters QLD 4551

2
2
1
126 m²
Apartment
Last sold for $775,000
Team CCRTeam CCR, last sold this property on 10 November 2025 after 75 days on market.

Overview

FIVE STAR LIFESTYLE RETREAT + STUNNING OCEAN & MOUNTAIN VIEWS

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!), café, 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.

Features

2 bedrooms
2 bathrooms
1 carspace
126 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Pelican Waters over the last 12 months, the estimated median property value of 908/38 Mahogany Drive is $775k.

Median value
$775k
Estimated value range
$455k - $900k
Median days on market
41
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pelican Waters. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 908/38 Mahogany Drive

2025
Sold
$775,000
Private Sale/Treaty on 10 Nov 2025 by Team CCR, of Caloundra City Realty
2023
Sold
$685,000
Private Sale/Treaty on 21 Aug 2023 by Louis D'Espagnac, of Coronis Sunshine Coast
2021
Sold
$490,000
Private Sale/Treaty on 04 Oct 2021 by Louis D'Espagnac, of Coronis Sunshine Coast

Happy sellers in Pelican Waters

86%
86% of sellers in Pelican Waters reported that their sale price either exceeded or met their price expectations.

Pelican Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Pelican Waters over the last 12 months.

Local market activity for 2 bedroom apartments in Pelican Waters

In the last 12 months, 6 two-bedroom apartments similar to 908/38 Mahogany Drive, have been sold.

This represents a 600% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pelican Waters

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Steve Venn

Steve Venn is an award winning recommended agent for Pelican Waters.  They have 5 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (183 reviews)
  •  6 Reviews in Pelican Waters
  •  5 Sales in Pelican Waters
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Sean Carter

Sellers who recommend Sean Carter have praised them for being clear communication, local expert, responsive, reliable, great negotiation, honest and supportive

  •   5   (193 reviews)
  •  5 Reviews in Pelican Waters
  •  3 Sales in Pelican Waters
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Yianni J. Mooney

Yianni J. Mooney is an award winning recommended agent for Pelican Waters.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (173 reviews)
  •  3 Reviews in Pelican Waters
  •  3 Sales in Pelican Waters
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Scott Louis

Scott Louis is a recommended agent for Pelican Waters.  They have 2 local sales and collected 4 local reviews across the last 12 months.

  •   5   (204 reviews)
  •  4 Reviews in Pelican Waters
  •  2 Sales in Pelican Waters
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