The Gables Ii 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
True comps, carrying-cost math, and listings before the portals.
The Gables Ii At Lake In The Woods Ph Iii 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).
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.
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 Ii 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
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.
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.
Who The Gables Ii At Lake In The Woods 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
The market around The Gables Ii At Lake In The Woods
The Gables Ii 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 Ii At Lake In The Woods specifically. Momentum Research analysis of MLS records.
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 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. 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 in 15 seconds.
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.
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Data sources & freshness
| Under-contract shares | Space 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.
Recent Developments in The Gables Ii At Lake In The Woods Ph Iii
Development, infrastructure, retail, and school activity affecting The Gables Ii At Lake In The Woods Ph Iii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The site is about 3 miles northwest of The Gables Ii At Lake In The Woods Ph Iii.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 12 miles north of The Gables Ii At Lake In The Woods Ph Iii, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 2 miles east of The Gables Ii At Lake In The Woods Ph Iii.
Source: WFTV - June 2026Development
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 northwest of The Gables Ii At Lake In The Woods Ph Iii.
Source: FOX 35 Orlando - June 2026Development
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 about 3 miles west of The Gables Ii At Lake In The Woods Ph Iii.
Source: WFTV - May 2026Infrastructure
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 2 miles northwest of The Gables Ii At Lake In The Woods Ph Iii.
Source: CFL Roads (FDOT)
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.
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