The Ponds is a rare, fully entitled, shovel-ready Planned Unit Development (PUD) in the growing city of Centralia, Washington. Located just south of Cooks Hill Road and adjacent to Providence Centralia Hospital, this 13.8± acre site comes with an approved preliminary plan for 42 individually platted, two-story townhome units. Municipal infrastructure alignment is complete, and entitlements are in hand—developers can break ground immediately, accelerating time to market and return on investment.

More than a conceptual design, the groundwork has been completed: zoning (R-4 Low-Density Residential) allows for single-family, duplex, and townhome products with a density of up to four dwelling units per acre. The current layout supports 42 units, but with revised footprints, it could accommodate up to 55 units. Walkable open space, recreational trails, a community building, and park-style landscaping add intrinsic value and strong buyer appeal. The Ponds is a compelling infill opportunity in a growing corridor with proven residential demand.

This site is five minutes from Interstate 5 and thirty minutes from Olympia, the state capitol. It is also equal distance between Seattle and Portland, two of the Pacific Northwest’s most dynamic metropolitan areas. Centralia is experiencing sustained growth, driven by regional housing pressure, clean energy development, and infrastructure investment. The property sits in close proximity to schools, healthcare, and core amenities—this checks every box for a viable and profitable residential project.

The Ponds PUD is competitively priced and ready to go vertical. This is the opportunity for developers seeking speed, scale, and certainty.

PROPERTY FACTS:

  • The approved subdivision of a 13.8± acre parcel platted as a Planned Unit Development (PUD) is shovel-ready
  • Located immediately south of Cooks Hill Road within the city limits of Centralia near Providence Centralia Hospital
  • It has preliminary plat approval as a townhome community, with 42 single-family attached two-story units on individually platted lots, delivered as a shovel-ready project
  • Residents will have access to a small community building, gated dog park, park-like walking trails leading to natural ponds, a community garden space, ornamental plantings at the gated entrance, open landscape areas, and parking
  • Lot sizes will range from 0.05± to 0.10± acres for a net density of 3.2± dwelling units per acre
  • Zoned R4 – Low Density allows single-family lots, duplexes, and townhomes with a density of up to 4 dwelling units/acre. Buyers could submit for a different type of project
  • The Ponds PUD is named after two bucolic ponds located on the southern portion of the property
  • Walking trails throughout the development provide recreation to the residents and opportunities to enjoy the park-like wooded setting
  • The two-story townhomes will be positioned in clusters of six, eight, and ten units with a common wall
  • The historic steam plant is located northeast of this project and is the location of one of the first coal-fired power plants to transition to clean energy. https://www.seattletimes.com/seattle-news/environment/lewis-countys-centralia-bets-on-clean-energy-as-coal-economy-fades/
  • Learn more about this property, its investment potential and information about the area in the Property Brochure.

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Special properties deserve an exceptional land brokerage company like Fay Ranches. Our team has the knowledge, proven record of success, and a deep appreciation for the land and its traditions. We know how to market your unique property to the right audience. We invite you to learn more about our approach. Please call us at 800-238-8616 or click on the link below for more information.

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