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

Community in Melbourne · Brevard County
Median sale $185K
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · The Gables At Lake In The Woods Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$185K
Median sold · 12 mo
$140/sf
Sold $/sqft · 12 mo
peak $202 in 2024
86.6%
Sale vs ask
Tempo
150days
Median DOM · closed
7 days at the 2023 low
6
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 21 years of records
1,323sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

The 60-Second Overview

The Gables At Lake In The Woods market snapshot (as of July 15, 2026): the median sale price is about $185K ($140 per sq ft over the trailing 12 months of closed sales), and a median 150 days on market for closed sales.

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.

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

Windows contain 1 to 7 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$150K$200K20122014201620182020202220242026
Every sale since 2005 · price vs size
$0$100K$200K0k1k2k2k
71 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$20020122014201620182020202220242026
Up from $52 in 2012 to a $202 peak in 2024; $140 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
7 days at the 2023 low; 150 now.
Sale price vs original ask · median
85%90%95%100%20122014201620182020202220242026
86.6% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
1 to 7 a year; 6 in the current window.

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.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

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?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in The Gables At Lake In The Woods?
The median sale price in The Gables At Lake In The Woods was $185K over the 12 months ending July 15, 2026 (6 closed sales, Space Coast MLS).
How long do homes in The Gables At Lake In The Woods take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 150 days on market (6 sales, Space Coast MLS).
Who is the best real estate agent for The Gables At Lake In The Woods?
The best agent for The Gables At Lake In The Woods is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for The Gables At Lake In The Woods.
How do I find a top Melbourne real estate agent who knows The Gables At Lake In The Woods?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows The Gables At Lake In The Woods and the wider Melbourne area.
Can Momentum Realty connect me with an agent for The Gables At Lake In The Woods?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your The Gables At Lake In The Woods purchase or sale - no call center and no pressure.
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

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (71 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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