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

Community in Melbourne · Brevard County
Median sale $172K
Free · No obligation
Talk to a The Gables At Lake In The Woods Ph I Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data16 years of closingsUpdated twice daily
Live · The Gables At Lake In The Woods Ph I Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$172K
Median sold · 12 mo
$131/sf
Sold $/sqft · 12 mo
peak $131 in 2026
85.9%
Sale vs ask
Brevard median: 96.2%
Tempo
150days
Median DOM · closed
80 days at the 2017 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 16 years of records
1,323sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven far more by condition and specifics of the individual unit than by any community premium. With a median around $171,750 and a per-square-foot figure near $131, this is one of the more accessible entry points in the Melbourne market, and the spread between a dated interior and an updated one will do most of the work in setting a final number.

The current posture leans toward buyers. A median of roughly 150 days on market is slow, which means sellers should expect to negotiate and price to condition from day one. Buyers, in turn, have time to inspect carefully and move deliberately rather than under pressure.

The 60-Second Overview

The Gables At Lake In The Woods Ph I market snapshot (as of July 15, 2026): the median sale price is about $172K ($131 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 Ph I is a modestly priced pocket in Melbourne, Brevard County, where value tracks the condition of the specific home more than any shared amenity package.

Best for

  • Budget-focused buyers who want a low entry price in Melbourne
  • Buyers willing to trade time for negotiating leverage in a slow market
  • Buyers comfortable updating a home to build value through condition

Probably not for

  • Sellers needing a quick exit at a firm price
  • Buyers who want a pool, clubhouse, or other shared amenities
  • Buyers who need deep comparable data to feel confident on value

Windows contain 0 to 4 sales each (4 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.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in The Gables At Lake In The Woods Ph I 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 Ph I.

Best Buy
Buyers hunting an accessible price point in the Melbourne market.
Biggest Risk
A thin sample and long days on market make value harder to pin down.
Sweet Spot
A well-updated unit bought with patience and a careful inspection.
Avoid If
You need a fast, competitive resale or shared community amenities.

Reading a thin, slow market

The closing sample here is small — only a handful of sales in the current window — so the median should be read as a directional signal rather than a precise line. In a low-turnover community like this, one unusually updated or unusually rough sale can move the reported figure, and pricing your own transaction still comes down to a unit-by-unit comparison.

No community amenities surface in the current MLS listings, so there is no pool, clubhouse, or shared feature carrying the price. That keeps carrying costs simpler and puts the emphasis squarely on the home itself and its location within Melbourne. With days on market running long, the leverage in most deals sits with the party willing to wait.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A thin sample and a slow clock reward local judgment over automated numbers. We read each comparable on its condition, help sellers price to the market rather than to hope, and help buyers use the long marketing times as negotiating room instead of guessing at value.

The Gables At Lake In The Woods Ph I in 15 seconds.

Best forBuyers hunting an accessible price point in the Melbourne market.
Biggest advantageA low median and per-square-foot figure that keeps the entry cost down.
Biggest riskA thin sample and long days on market make value harder to pin down.
Sweet spotA well-updated unit bought with patience and a careful inspection.
Avoid ifYou need a fast, competitive resale or shared community amenities.

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 Ph I sales matched to your home.

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

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

See homes for sale in The Gables At Lake In The Woods Ph I on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in The Gables At Lake In The Woods Ph I?
The median sale price in The Gables At Lake In The Woods Ph I was $172K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in The Gables At Lake In The Woods Ph I take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 150 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for The Gables At Lake In The Woods Ph I?
The best agent for The Gables At Lake In The Woods Ph I 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 Ph I.
How do I find a top Melbourne real estate agent who knows The Gables At Lake In The Woods Ph I?
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 Ph I and the wider Melbourne area.
Can Momentum Realty connect me with an agent for The Gables At Lake In The Woods Ph I?
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 Ph I purchase or sale - no call center and no pressure.
Budget-focused buyers who want a low entry price in MelbourneExcellent fit
Buyers willing to trade time for negotiating leverage in a slow marketExcellent fit
Buyers comfortable updating a home to build value through conditionExcellent fit
Sellers needing a quick exit at a firm priceProbably not
Buyers who want a pool, clubhouse, or other shared amenitiesProbably not
Buyers who need deep comparable data to feel confident on valueProbably 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 2010 (25 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.

Own a home here?

You just read the data. Now see what your home is worth.

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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local The Gables At Lake In The Woods Ph I Expert
Call Get Listings