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

Community in Melbourne · Brevard County
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Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily

As of September 2026, the MLS records 46 closed sales in The Gables At Lake In The Woods in Melbourne, FL since 2005, the most recent in April 2026. Recorded prices since 2024 ran from $185,000 to $235,000 (median $215,000), on homes of 1,133 to 1,915 sq ft. Across Melbourne as a whole, 1,101 homes closed in the last 12 months at a median of $389,500, 45 median days on market, with 230 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $3,350 ($2,730 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).

Live · The Gables At Lake In The Woods Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The Gables At Lake In The Woods is a small pocket inside Melbourne, and with a limited number of closings in the recent window, this is a thin-data submarket. That means price here is driven less by broad trends and more by the specifics of each individual home — condition, updates, lot position — than by any neighborhood-wide pattern you can lean on.

For a buyer, the posture is patience: expect to wait for the right listing rather than pick from a deep shelf, and be ready to move when one that fits surfaces. For a seller, the small sample cuts both ways — one well-presented home can set the tone, but you cannot count on a run of comparable sales to make your case, so condition and pricing discipline carry the weight.

The 60-Second Overview

A compact phase within the Lake In The Woods area of Melbourne, Brevard County. No community amenities are identified from current MLS listings, so this reads as a straightforward residential enclave rather than an amenity-driven one.

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 this exact Melbourne pocket who can be patient for the right home
  • Those who prefer no amenity dues and simpler ongoing costs
  • Buyers comfortable evaluating a home on its own merits rather than by neighborhood-wide comps

Probably not for

  • Buyers who need a wide selection of listings to choose from right now
  • Those looking for pools, clubhouses, or other shared amenities
  • Buyers who want a deep, active comp set to anchor their offer

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, 3,585 homes are active and 1,397 pending (28% 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.

Recent Developments in The Gables At Lake In The Woods

Development, infrastructure, retail, and school activity affecting The Gables At Lake In The Woods, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum81/100 · High
  1. July 2026
    Retail & Dining

    Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera

    The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.

    What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 12 miles north of The Gables At Lake In The Woods, elsewhere in Brevard County.

    Source: Viera
  2. June 2026
    Development

    Proposed Brevard County USL soccer stadium would anchor new mixed-use development

    Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.

    What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The site is about 2 miles northeast of The Gables At Lake In The Woods.

    Source: FOX 35 Orlando
  3. June 2026
    Development

    West Melbourne's Space Coast Town Center Expands

    The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.

    What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The site is less than a mile southwest of The Gables At Lake In The Woods.

    Source: WFTV
  4. June 2026
    Development

    Orlando Health announces plans to open a new hospital in Viera

    Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.

    What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 12 miles north of The Gables At Lake In The Woods, elsewhere in Brevard County.

    Source: ClickOrlando
  5. May 2026
    Infrastructure

    Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction

    FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.

    What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The site is about 3 miles northeast of The Gables At Lake In The Woods.

    Source: CFL Roads (FDOT)
  6. May 2026
    Builder Activity

    Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches

    Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.

    What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 22 miles north of The Gables At Lake In The Woods, elsewhere in Brevard County.

    Source: Homes.com News

Development alerts for The Gables At Lake In The WoodsGet a short monthly email when something new is approved, funded, or opens near The Gables At Lake In The Woods.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

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 address and can wait for the right listing.
Biggest Risk
Thin sales data makes pricing and comping harder than in larger communities.
Sweet Spot
A well-maintained or updated home that shows well against limited local supply.
Avoid If
You need deep inventory or community amenities to justify the move.

A thin-inventory phase

Because activity here is limited, the usual signals — spread, absorption, a clear median trend — are hard to draw with confidence. Treat any single sale as a data point, not a rule. The practical read is that value tracks the individual property: what has been updated, how the lot sits, and how it shows against whatever else is on the market at the time.

With no amenities surfacing from current listings, the pitch here is location and the home itself rather than shared facilities. That keeps carrying costs simpler, but it also means the property has to stand on its own merits when it comes time to sell.

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 phase like this one, generic market averages will mislead you. We work the specific comps that exist, pressure-test condition and pricing against them, and tell you plainly when the data is too thin to support an aggressive number — on either side of the table.

The Gables At Lake In The Woods in 15 seconds.

Best forBuyers who want a specific Melbourne address and can wait for the right listing.
Biggest advantageNo amenity dues means simpler carrying costs.
Biggest riskThin sales data makes pricing and comping harder than in larger communities.
Sweet spotA well-maintained or updated home that shows well against limited local supply.
Avoid ifYou need deep inventory or community amenities to justify the move.

HOA, CDD & Fees

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 targeting this exact Melbourne pocket who can be patient for the right homeExcellent fit
Those who prefer no amenity dues and simpler ongoing costsExcellent fit
Buyers comfortable evaluating a home on its own merits rather than by neighborhood-wide compsExcellent fit
Buyers who need a wide selection of listings to choose from right nowProbably not
Those looking for pools, clubhouses, or other shared amenitiesProbably not
Buyers who want a deep, active comp set to anchor their offerProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (46 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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More Melbourne & Space Coast / Brevard County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Thinking of selling in The Gables At Lake In The Woods Ph V? 2 recorded closings (window ending 2026-07-15). 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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