1202/38 Mahogany Drive, Pelican Waters, Qld 4551

FOR SALE

Apartment
Type
3
Bedrooms
3
Bathrooms
2
Parkings

Published on Thursday, August 13, 2026 ( See property details for 1202/38 Mahogany Drive, Pelican Waters, Qld 4551)

FOR SALE

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This exceptional penthouse offers luxurious coastal living with sweeping views, private rooftop amenities, and resort-style facilities within the Pelican Waters golf course precinct.

🏡 Property Highlights

  • Rare opportunity to acquire the original developer's penthouse after more than a decade
  • Spectacular sweeping views across the golf course and towards the Caloundra coastline
  • Private rooftop terrace with spa, sauna, putting green, and outdoor BBQ kitchen
  • North-east facing with abundant natural light and outdoor living spaces
  • Luxurious master suite with walk-in wardrobe and dual-basin ensuite
  • Resort-style complex facilities including pool, gym, tennis court, and spa

✨ Key Features

  • Outdoor Area
  • Balcony
  • Waterfront / Views
  • Open-Plan Living
  • Home Office / Study
  • Ensuite
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • Garage / Secure Parking

Pelican Waters is a sought-after coastal suburb renowned for its golf course lifestyle, resort-style amenities, and proximity to pristine beaches. Key points include: 1) Premier golf course access, 2) Close to Caloundra coastline, 3) Family-friendly community, 4) Abundant dining and leisure options, 5) Convenient access to Sunshine Coast attractions.

What are the main lifestyle benefits of this penthouse?
This penthouse offers a luxurious coastal lifestyle with spectacular views, private outdoor spaces, resort-style amenities, and easy access to golf, beaches, and dining options.
How is the natural light and ventilation in the apartment?
The apartment is north-east facing, allowing for an abundance of natural light and excellent cross-ventilation, enhancing comfort throughout the year.
What are the key features of the rooftop terrace?
The rooftop includes a putting green, spa, sauna, outdoor BBQ kitchen, outdoor television, and automated screening for sun, breeze, and shade, making it ideal for entertaining and relaxation.
Is the apartment suitable for families or entertaining guests?
Yes, the spacious open-plan living areas, multiple outdoor spaces, and private rooftop make it perfect for family living and hosting guests.
What resort-style facilities are available within the complex?
Residents have access to a pool, gym, tennis court, spa, and hair salon, providing a luxurious and convenient lifestyle.
Are there any additional strata or body corporate fees, and what do they cover? Are there any upcoming development or planning activities in the area that could impact views or privacy? Has the property been recently renovated or updated, and are there any known defects or repairs needed? What are the zoning regulations and easements affecting the property? Is the property located in a flood or bushfire-prone area, and what precautions are in place? Are there any restrictions or covenants on the use of the rooftop terrace or outdoor spaces? What are the long-term maintenance costs associated with the complex amenities? Is there any history of noise or disturbance from nearby facilities or neighbours? Are there any planned upgrades or renovations to the complex facilities? What are the parking arrangements and any associated costs or restrictions?

1202/38 Mahogany Drive, Pelican Waters, Qld 4551 - More Details

FOR SALE

Returning to the market for the first time in more than a decade, this exceptional developer's penthouse presents a rare opportunity to secure a residence where thoughtful design, spectacular views and an incredible lifestyle come together.

From the moment you step inside, there is an immediate sense of space, quality and privacy. Positioned to capture sweeping views across the golf course and towards the Caloundra coastline, the apartment is filled with natural light and designed to make the most of its elevated position.

At the heart of the home, the kitchen is both beautiful and practical, positioned to connect effortlessly with the dining and living spaces while taking in the views beyond. Natural finishes, stone benchtops, quality appliances and a plumbed-in refrigerator with water purifier; create a kitchen that is as enjoyable to use as it is to entertain from.

The open-plan living and dining area provides plenty of room to spread out, while the clever separation between each space allows the home to feel connected without compromising on comfort. Whether enjoying a quiet morning coffee, preparing dinner or entertaining family and friends, the outlook is always part of the experience.

The master suite is generous in scale, with a large walk-in wardrobe and beautifully appointed ensuite featuring dual basins. The second bedroom is impressive, complete with a large built-in wardrobe and expansive views; while the third bedroom enjoys its own ensuite - ideal for guests, grandparents or teenagers seeking their own space.

Throughout the apartment, quality stone finishes and flooring add a considered, luxurious feel, while the large practical laundry and adjoining storage room provide the everyday functionality often missing from apartment living.

Step outside and the sense of space continues. The large, private wrap-around verandah provides multiple areas to sit, dine and unwind, with views that stretch across the golf course and towards the ocean. It is a place to slow down, enjoy the breeze and make the most of the Sunshine Coast lifestyle.

And then there is the rooftop.

Private and completely your own, the rooftop terrace takes this penthouse to another level. Currently designed with a putting green, spa, sauna and outdoor BBQ kitchen, there is an abundance of space to entertain or simply enjoy your own retreat above it all. An outdoor television adds to the experience, while the alfresco area has been designed for year-round outdoor living.

With automated screening allowing you to control the sun, breeze and shade at the touch of a button, this is an outdoor space that can be enjoyed in every season; whether hosting friends for dinner, relaxing in the spa or enjoying a quiet afternoon overlooking the surrounds.

Positioned within the Pelican Waters golf course precinct, residents can enjoy an enviable lifestyle with access to resort-style facilities, while the golf club, restaurants and surrounding amenities are all close at hand.

Features We Love
- Rare opportunity, the original developer's penthouse, returning to market for the first time in more than a decade
- Sweeping golf course and Caloundra coastal views
- North-east facing with an abundance of natural light
- Private rooftop terrace with putting green, spa, sauna and BBQ kitchen
- Year-round alfresco living with automated screening for sun, breeze and shade
- Large private wrap-around verandah with multiple areas to relax and entertain
- Beautifully appointed kitchen with stone benchtops and quality appliances
- Plumbed-in refrigerator with water purifier
- Spacious open-plan living, dining and kitchen designed around the views
- Generous master suite with walk-in wardrobe and ensuite with dual basins
- Two additional generous bedrooms, with bedroom three enjoying its own ensuite
- Quality flooring and stone finishes throughout
- Large practical laundry with stone benchtops
- Additional storage for added convenience
- Secure gated parking with double car space and storage
- Resort-style complex facilities, including pool, gym, tennis court, spa and hair salon
- Golf course lifestyle with the Pelican Waters Golf Club and dining options nearby
- A private, elevated residence offering space, luxury and a lifestyle that is difficult to replicate

This is more than a penthouse apartment. It is a private, elevated home designed around space, views, entertaining and enjoying the very best of coastal living.
A viewing is highly recommended to truly appreciate the scale, presentation and lifestyle this exceptional residence has to offer. Contact Brooke Walters or April O'Neal to arrange your Private Inspection today!
Type
Apartment
Bedrooms
3
Bathrooms
3
Parkings
2

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