Blocks of land on the last ever stretch of waterfront Pelican Waters real estate have hit the market.

There is just one 500m stretch of canal-front land left in the boutique suburb – offering the chance to build a canal-front home in one of Queensland’s premier lifestyle destinations.

Henzells property consultant Morgan Bonanno said the development had reached its final phase, with entry-level $828,000 lots completely sold.

Land seekers can still snap up 10 east-facing waterfront plots hitting the market from Monday 21 October, starting from $1.01million.

“We will have a total of 20 waterfront properties available for sale, each offering a mix of waterfront orientations, ensuring there is something for everyone while catering to a variety of waterfront budgets,” Ms Bonanno said.

“The sizes of these properties will range from 475sqm to 800sqm, and this last 500m stretch promises to offer some truly gorgeous homesites for building your dream home.”

The first ever “wet blocks” were conceptualised by Bevan Henzell in 1970, and the canal estate took shape during the 1990s to become a sophisticated water-based community with its own marina precinct.

Since then, the community has flourished with pristine waterways, a golf course, vibrant town centre and laid-back coastal lifestyle, with easy access to shopping, dining, and outdoor activities.

Mr Bonanno said the final stretch of canal-front development would feature the homes of several prominent Sunshine Coast builders.

“We have some incredible local builders who tend to do a lot of our waterfront product, most of which were in our display village, to name a few; Platinum Residential Designer Homes, QLD built, Immackulate Homes, MacLachlan Homes,” Ms Bonanno said.