The Gables Ii At Lake In The Woods Ph Iii
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
The number that anchors this pocket is a median around $190,000, with a median just over $160 per square foot. Read together, those tell you price here is driven more by size and condition than by any premium the address commands. There are no community amenities showing up in current MLS listings, so you are paying for the home itself, not a shared package.
The posture is slow. A median of 98 days on market is a long runway by Space Coast standards, and closings have been thin in the recent window. For a buyer, that means time to inspect, negotiate, and avoid overpaying. For a seller, it means condition and pricing discipline do the heavy lifting — the market is not going to bail out an ambitious ask.
The 60-Second Overview
The Gables Ii At Lake In The Woods Ph Iii market snapshot (as of July 15, 2026): the median sale price is about $190K ($162 per sq ft over the trailing 12 months of closed sales), and a median 98 days on market for closed sales.
The Gables II at Lake in the Woods Ph III is a small, quiet pocket of Melbourne in Brevard County where pricing tracks the individual home rather than any shared amenity offering. Expect a patient market and a spread in values that comes down to condition.
Who The Gables Ii At Lake In The Woods Ph Iii is best for.
Best for
- Value-focused buyers around the $190,000 median who want to negotiate on a patient timeline
- Buyers comfortable taking on a home that needs work in exchange for a lower condition-driven price
- Long-hold owners who do not need amenities and want to control their monthly costs
Probably not for
- Sellers who need to move quickly given the near-100-day median on market
- Buyers who want pools, clubhouses, or other shared amenities on site
- Anyone counting on rapid resale or short-term price momentum
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($190K) IS the median in the snapshot above.
Windows contain 0 to 3 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 %s through %s. Deemed reliable but not guaranteed.
The The Gables Ii At Lake In The Woods Ph Iii buying strategy.
If we were buying in The Gables Ii At Lake In The Woods Ph Iii 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 Ph Iii.
A condition-driven pocket that rewards patience
With no amenities identified in current listings, the value story here is straightforward: what you buy is the house and the lot, and the median near $160 per square foot reflects that. Homes that show well and need little work sit at one end of the range; anything deferred or dated sits well below. Because the sample is small and closings have been limited lately, a single unusual sale can skew the appearance of the market, so treat any one comp with caution.
The 98-day median tells you sellers are not finding instant demand, which shifts leverage toward a prepared buyer. That extended timeline is an opening — room to walk the property twice, order the inspections you want, and structure an offer without the pressure of a bidding contest. Sellers, in turn, should price to the honest condition of the home from day one; the data does not support testing a high number and waiting.
The location and the amenities are priced into every listing in The Gables Ii At Lake In The Woods Ph Iii. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Thin recent closings and a wide condition-driven spread make this the kind of pocket where a single bad comp can mislead you in either direction. We read the individual homes, not just the median, and we price and negotiate to the actual condition in front of us — which matters most where the market moves slowly and there is no amenity premium to hide behind.
The Gables Ii At Lake In The Woods Ph Iii in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 Ph Iii 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 Ph Iii 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 Ph Iii, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Frequently Asked Questions
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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 July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2007 (19 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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