46 Wavell Avenue, Pelican Waters, Qld 4551

BEST OFFER BY OCT 28th

House
Type
4
Bedrooms
3
Bathrooms
3
Parkings
740 m²
Area

Published on Thursday, October 08, 2026 ( See property details for 46 Wavell Avenue, Pelican Waters, Qld 4551)

BEST OFFER BY OCT 28th

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to secure a spacious, double-storey waterfront home on Lake Magellan with stunning sunsets and excellent renovation potential in Pelican Waters.

🏡 Property Highlights

  • Absolute waterfront position on Lake Magellan
  • Rare east-facing 740m² waterfront allotment
  • Spectacular sunsets towards the Glass House Mountains
  • Generous double-storey residence with flexible living spaces
  • Multi-level wrap-around outdoor entertaining areas
  • Potential for renovation and value-adding to create a bespoke home

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Open-Plan Living
  • Balcony
  • Outdoor Area / Balcony
  • Built in robes
  • Garage / Secure Parking
  • Water tank
  • Fly Screens
  • Pet-Friendly
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46 Wavell Avenue
Pelican Waters, QLD 4551
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Vertical aerial view — 46 Wavell Avenue
46 Wavell Avenue — Vertical Aerial  •  Pelican Waters, QLD 4551  •  Nearmap © 2026

Pelican Waters is a highly sought-after suburb renowned for its tranquil lakeside lifestyle, lush golf courses, and proximity to beaches, cafes, and local amenities. The area offers excellent walkability, outdoor recreation options, and a strong sense of community, making it ideal for families, nature lovers, and investors seeking a peaceful yet convenient coastal lifestyle.

What are the main lifestyle benefits of living on Lake Magellan?
Living on Lake Magellan offers a peaceful, natural environment with direct water access for activities like kayaking, fishing, and birdwatching, along with stunning sunsets and a tranquil outlook that enhances everyday living.
Is the property suitable for renovation or modernisation?
Yes, the home offers significant potential for renovation and value-adding, allowing buyers to personalise and enhance the existing residence to suit their style and needs.
What outdoor activities can be enjoyed from the property?
Residents can enjoy kayaking, fishing, exploring the shoreline, birdwatching, and relaxing on the multi-level outdoor entertaining areas with spectacular water and mountain views.
How close is the property to local amenities?
The property is conveniently located just 500 metres from beaches, cafes, shopping, and local schools, with easy access to bike paths, walking tracks, and boat ramps.
What are the potential investment benefits of this property?
The property’s prime waterfront position, land size, and future renovation potential make it an attractive long-term investment, especially given the scarcity of genuine water frontage in Pelican Waters.
Are there any existing easements, covenants, or zoning restrictions that could affect future development or renovations? Has the property experienced any flooding or bushfire risks, and are there any related reports or assessments available? Are there any upcoming planning or development proposals in the area that could impact the property's privacy or outlook? What are the strata or community management arrangements, if applicable, and are there any associated costs? Are there any hidden costs or ongoing maintenance requirements associated with the water frontage or landscaping?

46 Wavell Avenue, Pelican Waters, Qld 4551 - More Details

BEST OFFER BY OCT 28th

Offered to the market for the first time, 46 Wavell Avenue presents a rare opportunity to secure an absolute waterfront home in one of Pelican Waters' most tightly held and established pockets.

Positioned on a generous 740m² east-facing waterfront block with approximately 324m² under roof, this substantial double-storey residence enjoys a peaceful outlook directly across Lake Magellan, while the western horizon delivers spectacular afternoon sunsets toward the Glass House Mountains.

It is a combination of position, orientation and outlook that is exceptionally difficult to replicate. More than simply a home with a water view, this is a property that offers a genuine waterfront lifestyle from the moment you step outside.

The calm waters of Lake Magellan create an incredible extension of the backyard, providing a safe and peaceful environment for kayaking, fishing, exploring the shoreline or simply enjoying time outdoors with family and friends. For families with young children, it offers the kind of lifestyle where weekends can be spent on the water, spotting fish and mud crabs, watching black swans glide across the lake and enjoying the abundance of birdlife that surrounds the property.

For those who appreciate nature, the setting is equally special. Mornings can begin with the sound of local birdlife and still water beyond the backyard, while afternoons transition into colourful sunsets over the Glass House Mountains. Whether entertaining, relaxing with a coffee or unwinding at the end of the day, the lake provides a constantly changing backdrop.

The home itself offers generous proportions across two levels, with multiple indoor and outdoor living areas creating excellent separation for growing families, guests or those wanting flexibility in how they use the space. A multi-level wrap-around patio further connects the home to its waterfront surroundings, providing an ideal setting for entertaining, family gatherings or quiet afternoons overlooking the lake. Importantly, the property also offers significant potential for buyers wanting to renovate, modernise and create something truly special.

With the position already secured, the opportunity exists to enhance the existing residence over time and create a home that reflects your own style, without having to compromise on the waterfront location. For buyers wanting an entry point into one of Pelican Waters' established lakefront pockets, this represents an increasingly rare opportunity to secure the land, orientation and outlook first, then add value into the future.

Investors may also appreciate the combination of location, land size and waterfront appeal. Properties offering genuine water frontage remain tightly held, and the home's generous size, proximity to Caloundra and access to local amenities make it an appealing long-term holding.

Despite its peaceful setting, the property remains conveniently connected to everything the Sunshine Coast lifestyle is known for.

Beaches, cafés, local schools, shopping, walking and cycling paths and boat ramps are all within easy reach, allowing you to enjoy the tranquillity of a private lakefront setting without sacrificing everyday convenience.

The nearby pathways provide an easy connection through the surrounding area, while the coastline is only minutes away, making it easy to transition from a morning kayak on the lake to an afternoon at the beach.

Property Highlights -

* Absolute waterfront position on Lake Magellan
* Rare east-facing 740m² waterfront allotment
* Approximately 324m² under roof
* First time offered to the market
* Substantial double-storey residence
* Spectacular sunsets toward the Glass House Mountains
* Multi-level wrap-around outdoor entertaining areas
* Direct access to calm lake waters
* Ideal setting for kayaking, fishing and family recreation
* Abundant fish, mud crabs and local birdlife
* Peaceful natural surroundings
* Excellent privacy and separation
* Generous indoor and outdoor living zones
* Flexible floorplan suitable for families
* Excellent renovation and value-add potential
* Double-car accommodation
* Established, tightly held Pelican Waters location
* Convenient access to schools and childcare
* 500m to the beach, cafés and shopping
* Easy access to bike paths, walking tracks and local boat ramps
* Short drive to central Caloundra and the wider Sunshine Coast coastline

Lake Magellan properties are tightly held for good reason. The established surroundings, direct connection to the water and sense of privacy provide a lifestyle that is becoming increasingly difficult to find in newer developments.

For a young family, it is a place where children can grow up around the water and outdoors. For nature lovers, it offers tranquillity, birdlife and a constantly changing outlook.
For renovators, it offers the opportunity to create something exceptional in a position that cannot be recreated.
And for buyers simply searching for something different, 46 Wavell Avenue delivers the rare combination of waterfront living, space, privacy and potential.

Rarely do position, orientation, outlook and opportunity come together this well.
46 Wavell Avenue is an opportunity to secure your place on Lake Magellan and create a home to enjoy for years to come.

For further information or to arrange your inspection, contact Mitch McHugh or Zac Aumann at Noble Estate Agents.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
3
Area
740 m²
House Size
324 m²

Inspections times

  • Inspection Sat 10 Oct 11:45 am

    Saturday 10 October
    11:45 am - 12:15 pm
Thank you for submitting your reminder request.

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