Polydimethylsiloxane (PDMS) is an elastomer that has received primary attention from researchers due to its excellent physical, chemical, and thermal properties, together with biocompatibility and high flexibility properties. Another material that has been receiving attention is beeswax because it is a natural raw material, extremely ductile, and biodegradable, with peculiar hydrophobic properties. These materials are applied in hydrophobic coatings, clear films for foods, and films with controllable transparency. However, there is no study with a wide range of mechanical, optical, and wettability tests, and with various proportions of beeswax reported to date. Thus, we report an experimental study of these properties of pure PDMS with the addition of beeswax and manufactured in a multifunctional vacuum chamber. In this study, we report in a tensile test a 37% increase in deformation of a sample containing 1% beeswax (BW1%) when compared to pure PDMS (BW0%). The Shore A hardness test revealed a 27% increase in the BW8% sample compared to BW0%. In the optical test, the samples were subjected to a temperature of 80 °C and the BW1% sample increased 30% in transmittance when compared to room temperature making it as transparent as BW0% in the visible region. The thermogravimetric analysis showed thermal stability of the BW8% composite up to a temperature of 200 °C. The dynamic mechanical analysis test revealed a 100% increase in the storage modulus of the BW8% composite. Finally, in the wettability test, the composite BW8% presented a contact angle with water of 145°. As a result of this wide range of tests, it is possible to increase the hydrophobic properties of PDMS with beeswax and the composite has great potential for application in smart devices, food and medicines packaging films, and films with controllable transparency, water-repellent surfaces, and anti-corrosive coatings.