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

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

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

The Gables At Lake In The Woods Ph Iv is a community in Melbourne, Brevard County, FL. 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).

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, Co-Founder of Momentum Realty
Jon's Read · written July 18, 2026

The Gables At Lake In The Woods Ph IV is a small, defined subdivision in Melbourne, and with a closings window of just two, this is a thin-data market. Price here is driven by the individual home — its condition, updates, and lot — far more than by any community-wide trend you could chart. With so few recent sales, one dated interior or one renovated kitchen moves the number, so treat any single comp as a data point, not a rule.

For buyers, that thinness means you negotiate on the specific house in front of you rather than a broad market rhythm. For sellers, it means pricing off condition and honest comparison, not a headline figure. Nobody should read a trend into two closings, and neither should you overpay or underprice because of one.

Figures in this note are as of July 18, 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.

4541 Beck Lake Trail #2-115
$130K · 0.0 mi away
3 bd · 3 ba · 1,497 sqft
4541 Beck Lake Trail #2-115
Listed by Home Wise Realty Group, Inc.
4590 Beck Lake Trail #1-129
$220K · 0.0 mi away
3 bd · 2 ba · 1,491 sqft
4590 Beck Lake Trail #1-129
Listed by Sunshine Coastal Properties
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
4195 Negal Circle
$545K · 0.4 mi away
3 bd · 2 ba · 1,872 sqft
4195 Negal Circle
Listed by Joseph DiPrima, Broker

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

The 60-Second Overview

A compact residential pocket within Melbourne's Lake In The Woods area, this is a defined single-community phase rather than a large master plan, and current MLS listings identify no shared amenities.

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 targeting a single-community Melbourne pocket who plan to buy on the individual home's condition
  • Purchasers comfortable with a thin-comp market who lean on inspection and diligence over market averages
  • Owner-occupants who don't want amenity-related HOA costs and prefer value concentrated in the house itself

Probably not for

  • Buyers who need a large amenity package such as pools, fitness, or clubhouses
  • Those who want deep recent-sales data to benchmark an offer before writing it
  • Anyone seeking a big master-planned community rather than a small, defined phase

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.

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

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 who want a specific Melbourne home and are comfortable evaluating it on its own merits.
Biggest Risk
With only two closings in the window, there's thin comp data to anchor pricing.
Sweet Spot
A well-maintained or updated home priced honestly to its condition.
Avoid If
You want a resort-style community with pools, gyms, or shared amenities.

A small pocket, priced house by house

What you're buying here is the home and its Melbourne location, not a slate of community amenities — current MLS listings show none. That's not a knock; it typically means no amenity-driven HOA overhead, but it also means value lives entirely in the individual property. Walk the house, check the roof, HVAC, and any updates, and price your offer to those, because that's what actually sets value in a subdivision this size.

Because closings are sparse, expect a wide spread between a move-in-ready home and one that needs work, with condition doing most of the pricing. Do your own diligence on each listing rather than leaning on a neighborhood average that a handful of sales can't reliably support.

“

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 low-volume community like this, the edge is judgment, not a data dashboard. We read each home on its own condition, pull what limited local comparables exist, and tell you plainly when a price makes sense and when it doesn't — including when this isn't the right community for your goals.

The Gables At Lake In The Woods in 15 seconds.

Best forBuyers who want a specific Melbourne home and are comfortable evaluating it on its own merits.
Biggest advantageNo amenities identified means no amenity-driven HOA burden, with value tied to the house.
Biggest riskWith only two closings in the window, there's thin comp data to anchor pricing.
Sweet spotA well-maintained or updated home priced honestly to its condition.
Avoid ifYou want a resort-style community with pools, gyms, or shared amenities.
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 targeting a single-community Melbourne pocket who plan to buy on the individual home's conditionExcellent fit
Purchasers comfortable with a thin-comp market who lean on inspection and diligence over market averagesExcellent fit
Owner-occupants who don't want amenity-related HOA costs and prefer value concentrated in the house itselfExcellent fit
Buyers who need a large amenity package such as pools, fitness, or clubhousesProbably not
Those who want deep recent-sales data to benchmark an offer before writing itProbably not
Anyone seeking a big master-planned community rather than a small, defined phaseProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-11-08

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. A Momentum agent can price yours against live local comps.

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Ask an agent about The Gables At Lake

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Housing distress & ownership in The Gables At Lake In The Woods Ph Iv, 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.

Nearby Communities

Explore more neighborhoods near The Gables At Lake In The Woods with Momentum Realty’s local guides.

TGThe Gables At Lake In The Woods0.0 mi awayTGThe Gables At Lake In The Woods0.0 mi awayTGThe Gables Ii At Lake In The Woods0.2 mi awayTGThe Gables Ii At Lake In The Woods0.2 mi awayCCCinnamon Cove0.3 mi away · 65 homes, built 1985–88

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