The Gables Ii At Lake In The Woods
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $185,000, $168 per square foot, a median 91 days on market, sellers accepting 97% of original asking. At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $2,890 ($2,260 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).
The Gables II at Lake in the Woods is a small pocket within Melbourne, and with only a couple of closings in the recent window, this is a thin-data market. That matters: price here is set less by a broad statistical trend and more by the condition and specifics of whatever individual home happens to be listed. Treat any single sale as a data point, not a benchmark.
For sellers, that thinness cuts both ways — a well-prepared home can define the comp rather than chase it, but you should expect to defend your number with condition and updates rather than lean on volume. For buyers, the practical move is to underwrite each home on its own merits and not assume the last sale predicts the next one.
The 60-Second Overview
The Gables Ii At Lake In The Woods market snapshot (as of September 12, 2026): the median sale price is about $185K ($168 per sq ft over the trailing 12 months of closed sales), and a median 91 days on market for closed sales.
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.
Who The Gables Ii At Lake In The Woods is best for.
Best for
- Buyers prioritizing a quiet Melbourne location over shared facilities
- Long-hold owners comfortable with slow turnover and scarce inventory
- Buyers ready to underwrite a home on its own condition and updates
Probably not for
- Buyers who want an amenity-rich community with pools or clubhouses
- Shoppers who need a deep sales history to feel confident on price
- Investors counting on frequent turnover for a quick exit
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($185K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (3 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 2004 through 2026. Deemed reliable but not guaranteed.
22% of homes for sale in ZIP 32901 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).
The The Gables Ii At Lake In The Woods buying strategy.
If we were buying in The Gables Ii At Lake In The Woods today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Ii At Lake In The Woods.
A thin-data pocket in Melbourne
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.
The location and the amenities are priced into every listing in The Gables Ii At Lake In The Woods. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
The Gables Ii At Lake In The Woods in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a The Gables Ii At Lake In The Woods buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Gables Ii At Lake In The Woods sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Gables Ii At Lake In The Woods, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Gables Ii At Lake In The Woods home worth?
Get a no-obligation home value based on real comparable sales in The Gables Ii 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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Frequently Asked Questions
What is the median home price in The Gables Ii At Lake In The Woods?
How long do homes in The Gables Ii At Lake In The Woods take to sell?
Who is the best real estate agent for The Gables Ii At Lake In The Woods?
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Should you buy in The Gables Ii At Lake In The Woods?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (49 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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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.
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