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

All 714 homes for sale in Melbourne, FL · median $399,000 · 109 homes for sale in 32901 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32901
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

As of September 2026, the MLS records 20 closed sales in The Gables At Lake In The Woods Ph Iii in Melbourne, FL since 2004, the most recent in May 2025. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,010 ($5,380 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).

Part of the Gables at Lake in the Woods, Melbourne, FL — see all the Gables at Lake in the Woods homes for sale (0 listings across 6 sections in the MLS).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small phase within Lake In The Woods in Melbourne, and the current MLS snapshot shows no closings in the trailing window and no median to anchor to. With no active data flowing through, price here is set almost entirely at the individual-home level — condition, lot, updates, and what a specific seller and buyer agree to — rather than by any visible community trend.

For a buyer, that means you are negotiating in a low-signal environment: comps will likely come from the broader Lake In The Woods area rather than this phase alone. For a seller, it means pricing has to be built from the ground up on your home's merits and adjacent sales, not from a hot local trendline. Patience and good comp work matter more here than momentum.

Nearby homes for sale

No active listings inside The Gables At Lake In The WoodsHomes for Sale in Melbourne, FL 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.

270 Lake In The Woods Drive #2-111
$270K · 0.0 mi away
2 bd · 2 ba · 1,144 sqft
270 Lake In The Woods Drive #2-111
Listed by Barefoot Bay Realty
4640 Lake Waterford Way #3
$209K · 0.1 mi away
3 bd · 2 ba · 1,491 sqft
4640 Lake Waterford Way #3
Listed by Lokation Real Estate
4680 Lake Waterford Way #4-108
$219K · 0.1 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
$210K · 0.1 mi away
3 bd · 2 ba · 1,491 sqft
4775 Lake Waterford Way #1-113
Listed by Barrier Island Properties
4590 Beck Lake Trail #1-129
$230K · 0.1 mi away
3 bd · 2 ba · 1,491 sqft
4590 Beck Lake Trail #1-129
Listed by Sunshine Coastal Properties
4890 Lake Waterford Way #1-212
$218K · 0.2 mi away
3 bd · 2 ba · 1,265 sqft
4890 Lake Waterford Way #1-212
Listed by LaRocque & Co., Realtors

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 Ph III is a small residential pocket in Melbourne, Brevard County. It is quiet on the MLS right now, with no current listings or recent closings to read from.

Space Coast MLS sales records identify 140 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

  • Buyers who want a low-traffic residential setting in Melbourne and can wait for the right listing
  • Buyers who value the established Lake In The Woods location over a specific amenity package
  • Long-hold buyers focused on the individual home's condition rather than short-term market signals

Probably not for

  • Buyers who need on-site amenities, since none are identified from current listings
  • Buyers who want a deep set of recent comps before making an offer
  • Buyers needing immediate inventory, given the current absence of active listings and recent closings

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, 139 homes are on the market and 24% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32901 (Melbourne), 194 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 6.8% year over year, with a median 54 days on market. Right now 10 active and 5 pending listings put supply at about 3.4 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.

Housing distress & ownership in The Gables At Lake In The Woods Ph Iii, 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 → 2026-09-19)

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 September 2026 through September 2026. Deemed reliable but not guaranteed.

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 comfortable with a quiet, low-inventory pocket who will act when the right home surfaces.
Biggest Risk
Thin data — no recent closings means pricing leans on nearby comps, not local trend.
Sweet Spot
A well-kept home that comes to market and can be priced from adjacent sales.
Avoid If
You need an amenity-rich community or steady, readable comps before you commit.

A thin-data phase inside a larger community

As of mid-2026, this phase shows no closings in the current window and no identified amenities from active MLS listings. That is not a red flag on its own — small phases simply trade infrequently, and the absence of listings often reflects how few doors are here rather than any problem with them.

The practical takeaway: treat this as part of the broader Lake In The Woods context in Melbourne. Value will hinge on the specific house — its condition and updates — and on carefully chosen comparable sales nearby, since the phase itself does not give you a running price signal.

“

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

When a community trades this thinly, the value we add is comp work and judgment, not a dashboard. We build pricing from adjacent sales in the wider Lake In The Woods area, weigh condition honestly, and tell you plainly when the data is too thin to support a number you want to hear.

The Gables At Lake In The Woods in 15 seconds.

Best forBuyers comfortable with a quiet, low-inventory pocket who will act when the right home surfaces.
Biggest advantageA small phase inside an established Melbourne community, away from high-churn subdivisions.
Biggest riskThin data — no recent closings means pricing leans on nearby comps, not local trend.
Sweet spotA well-kept home that comes to market and can be priced from adjacent sales.
Avoid ifYou need an amenity-rich community or steady, readable comps before you commit.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the The Gables At Lake In The Woods homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in The Gables At Lake In The Woods.
In short
  • HOA status not on record. Verify any dues before you offer
  • 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?

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.
Buyers who want a low-traffic residential setting in Melbourne and can wait for the right listingExcellent fit
Buyers who value the established Lake In The Woods location over a specific amenity packageExcellent fit
Long-hold buyers focused on the individual home's condition rather than short-term market signalsExcellent fit
Buyers who need on-site amenities, since none are identified from current listingsProbably not
Buyers who want a deep set of recent comps before making an offerProbably not
Buyers needing immediate inventory, given the current absence of active listings and recent closingsProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (20 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 local comps.

Looking to buy here? Search homes for sale →

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Common questions about The Gables At Lake In The Woods

Where is The Gables At Lake In The Woods?

The Gables At Lake In The Woods is a community in Melbourne, Brevard County, Florida, ZIP 32901.

Are there homes for sale in The Gables At Lake In The Woods right now?

No active listings inside The Gables At Lake In The Woods at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does The Gables At Lake In The Woods have an HOA or CDD?

No HOA is on record for The Gables At Lake In The Woods in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

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Thinking of selling in The Gables At Lake In The Woods Ph Iii? See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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