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

This is a small residential enclave in Melbourne, Brevard County, with no community amenities identified from current MLS listings — so the value proposition rests on the homes themselves and the location, not shared facilities.

Space Coast MLS sales records identify 84 homes in The Gables Ii At Lake In The Woods that have changed hands since 2004, built between 1986 and 2001 (median 1987), with a median living area of about 1,265 sq ft and a typical 2-bedroom, 2-bath layout; 99% 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.

The Gables Ii At Lake In The Woods is too small for its own price trend, so here is the market around it.

In ZIP 32901, 126 homes are on the market and 21% are under contract — a steady corner of Melbourne.

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

In ZIP 32901 (Melbourne), 34 homes closed in the last 12 months at a median of $276K ($180/sq ft), with a median 52 days on market. Right now 3 active and 1 pending listings put supply at about 1.1 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 Ii At Lake In The Woods specifically. Momentum Research analysis of MLS records.

With just a couple of closings in the current window and no amenities on file from the MLS, The Gables II reads as a straightforward for-sale market where each home stands alone. There's no HOA amenity package driving demand, which keeps the story simple: you're buying the house and the street, not a lifestyle bundle.

The upside of a low-transaction community is that inventory tends to be scarce and turnover slow, so when a home does list, it can command attention. The downside is that pricing is harder to triangulate and a single unusual sale can distort perception. Do the work on comparables from the broader Melbourne area, and weigh condition heavily.

In a low-volume community, the difference between a good and a bad number comes from reading the individual home and pulling the right supporting comps from around Melbourne — not from a thick sales history that doesn't exist here. We'll tell you plainly when a listing is priced on hope versus condition, and we'll help sellers position a home to set the comp rather than follow one.