The Gables At Lake In The Woods
Homes for Sale in Melbourne, FL

All 713 homes for sale in Melbourne, FL · median $399,999 · 100 homes for sale in 32901 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32901
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Built fromLive Space Coast MLS dataUpdated twice daily

As of November 2026, the MLS records 2 closed sales in The Gables At Lake In The Woods in Melbourne, FL since 2026, the most recent in September 2026. Across Melbourne as a whole, 1,028 homes closed in the last 12 months at a median of $386,000, 45 median days on market, with 686 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,020 ($5,400 with the full homestead exemption).

Part of the Lake in the Woods master-planned community in Melbourne, FL — see all Lake in the Woods homes for sale (0 listings across 6 villages and sections in the MLS).

Sections of the Gables at Lake in the Woods in the MLS

the Gables at Lake in the Woods in Melbourne, FL is recorded as 5 separate subdivisions/phases in the MLS; 0 homes are for sale across them today. Each section has its own page:

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 15, 2026

At a median of $185,000 and roughly $140 per square foot, The Gables At Lake In The Woods sits at the accessible end of the Melbourne market. With no community amenities identified from current MLS listings, price here is driven by the units themselves — square footage, condition, and updates — rather than by shared features you'd pay a premium to access.

The posture is slow. A median of 150 days on market means listings are sitting, and that hands negotiating leverage to buyers who can be patient. For sellers, it argues for sharp pricing and move-in-ready condition out of the gate; the market here is not rewarding wishful list prices.

Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside The Gables At Lake In The Woods right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

4590 Beck Lake Trail #1-129
$220K · 0.1 mi away
3 bd · 2 ba · 1,491 sqft
4590 Beck Lake Trail #1-129
Listed by Sunshine Coastal Properties
4541 Beck Lake Trail #2-115
$130K · 0.1 mi away
3 bd · 3 ba · 1,497 sqft
4541 Beck Lake Trail #2-115
Listed by Home Wise Realty Group, Inc.
270 Lake In The Woods Drive #2-111
$268K · 0.1 mi away
2 bd · 2 ba · 1,144 sqft
270 Lake In The Woods Drive #2-111
Listed by Barefoot Bay Realty
4680 Lake Waterford Way #4-108
$210K · 0.2 mi away
3 bd · 3 ba · 1,915 sqft
4680 Lake Waterford Way #4-108
Listed by Blue Marlin Real Estate
4775 Lake Waterford Way #1-113
$180K · 0.2 mi away
3 bd · 2 ba · 1,491 sqft
4775 Lake Waterford Way #1-113
Listed by Barrier Island Properties
132 Oak Lake Road
$305K · 0.4 mi away
3 bd · 2 ba · 1,907 sqft
132 Oak Lake Road
Listed by Premium Properties Real Estate

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

The Gables At Lake In The Woods is a value-priced pocket of Melbourne where the number that matters is condition — with no shared amenities in the mix, what you're buying is the unit and its updates, not the community package.

Space Coast MLS sales records identify 145 homes in The Gables At Lake In The Woods that have changed hands since 2004, built between 1986 and 1999 (median 1986), with a median living area of about 1,491 sq ft and a typical 3-bedroom, 2-bath layout; 98% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Value-minded buyers targeting the lower end of Melbourne's price range who can move on the right unit
  • Patient buyers willing to use a slow market to negotiate on price and condition
  • Investors comfortable underwriting a longer hold and a longer sale timeline

Probably not for

  • Buyers who want resort-style or shared community amenities built into the price
  • Sellers or buyers who need a quick, liquid transaction
  • Buyers unwilling to weigh condition and update costs when comparing units

The market around The Gables At Lake In The Woods

The Gables At Lake In The Woods is too small for its own price trend, so here is the market around it.

In ZIP 32901, 126 homes are on the market and 21% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

In ZIP 32901 (Melbourne), 34 homes closed in the last 12 months at a median of $276K ($180/sq ft), with a median 52 days on market. Right now 3 active and 1 pending listings put supply at about 1.1 months — a balanced market. See the live ZIP 32901 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not The Gables At Lake In The Woods specifically. Momentum Research analysis of MLS records.

If we were buying in The Gables At Lake In The Woods today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in The Gables At Lake In The Woods.

Best Buy
Buyers focused on an entry-priced Melbourne purchase who value condition over amenities.
Biggest Risk
The 150-day median means resale can be slow if you need to move quickly.
Sweet Spot
An updated unit bought with patience and a disciplined offer.
Avoid If
You need shared amenities or a fast, liquid resale market.

A condition-driven market with a long clock

This is a small-sample read — closings are drawn from a six-closing window — so treat the median as a directional signal rather than a precise gauge. At around $140 per square foot, the pricing leaves room for buyers, and the spread between an updated unit and a dated one is where most of the real difference in value shows up.

The 150-day median on market is the headline for anyone transacting here. Buyers have time to inspect, compare, and negotiate without the pressure of a fast-moving market. Sellers need to account for that clock in their timeline and price to it; a listing that lingers tends to invite lower offers, and staying ahead of that curve on condition and price is the difference between a clean sale and a long one.

“

The location and the amenities are priced into every listing in The Gables At Lake In The Woods. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a slow, condition-driven market like this one, the value is in the details — reading whether a unit's price reflects real updates or just optimism, and knowing how much a 150-day clock should shape your offer or your list strategy. We work the Space Coast feed daily and will tell you plainly when a specific listing is priced to sell and when it is priced to sit.

The Gables At Lake In The Woods in 15 seconds.

Best forBuyers focused on an entry-priced Melbourne purchase who value condition over amenities.
Biggest advantageA slow market gives buyers time and leverage to negotiate.
Biggest riskThe 150-day median means resale can be slow if you need to move quickly.
Sweet spotAn updated unit bought with patience and a disciplined offer.
Avoid ifYou need shared amenities or a fast, liquid resale market.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Gables At Lake In The Woods sales matched to your home.

What is your The Gables At Lake In The Woods home worth?

Get a no-obligation home value based on real comparable sales in The Gables At Lake In The Woods, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.
Value-minded buyers targeting the lower end of Melbourne's price range who can move on the right unitExcellent fit
Patient buyers willing to use a slow market to negotiate on price and conditionExcellent fit
Investors comfortable underwriting a longer hold and a longer sale timelineExcellent fit
Buyers who want resort-style or shared community amenities built into the priceProbably not
Sellers or buyers who need a quick, liquid transactionProbably not
Buyers unwilling to weigh condition and update costs when comparing unitsProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-11-08
Historical depthClosed-sale records back to 2026 (2 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Housing distress & ownership in The Gables At Lake In The Woods, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-11-08)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

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