Centralia, Washington
$3,000,000
25±
Acres THE PONDS
The Ponds Phase 1 Parcel
INTRODUCTION
Nestled in the picturesque heart of Centralia, Washington, The Ponds stands as an approved Planned Unit Development spanning 25± acres. This charming subdivision, strategically located just south of Cooks Hill Road within the city’s limits, embodies the perfect blend of tranquil living and urban convenience.
In Phase I, The Ponds welcomes residents to a townhome community featuring 42 single-family attached two-story units, each thoughtfully positioned on individually platted lots. These lots, ranging from 0.05± to 0.10± acres, create a harmonious balance with a net density of 3.2± dwelling units per acre. The development is zoned R4 – Low Density, allowing for single-family lots, duplexes, and townhomes, with a potential of up to four dwelling units per acre. This flexibility enables developers to choose between the approved 42 units or explore options to expand to accommodate up to 55 units, offering versatility in design without compromising on the area’s natural allure.
Named for the two serene ponds gracing its southern landscape, The Ponds epitomizes rural charm while catering to the needs of a modern community. Beyond its residential appeal, it promises a lifestyle embraced by natural beauty and the ease of city amenities. This thoughtful integration of natural surroundings and accessible urban living makes The Ponds an enticing choice for discerning homeowners in Centralia.
With its ideal location, meticulous planning, and potential for future growth, The Ponds stands poised as a coveted destination for those seeking a harmonious blend of serenity and convenience in one of Washington’s most scenic locales.
1 The Ponds | Centralia, Washington
QUICK FACTS
• The approved subdivision of a 13.88± acre parcel platted as a Planned Unit Development (PUD), with Preliminary Plat approved by the City of Centralia in February 2023
• 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 twostory units on individually platted lots, delivered as a shovel-ready project
• Residents will have access to a small community building, gated dog park, parklike 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 du/ac.
• The adjacent parcel of approximately 11.6± acres also enjoys R-4 zoning and is not part of the Planned Unit Development. Buyers could use the existing environmental, archaeological, and traffic reports to apply for approval of a Planned Unit Development on this parcel
• The Ponds PUD is named after two bucolic ponds located on the southern portion of the property
• 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 NE 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-centraliabets-on-clean-energy-as-coal-economy-fades/
ACREAGE
• 25± acres
The Ponds is an approved subdivision on a 13.88± acre parcel immediately south of Cooks Hill Road in Centralia. An adjacent 11.62± acre parcel with a farmhouse is also available for purchase, allowing the buyer to reuse existing reports for a second PUD approval. Combined, these parcels total over 25± acres.
INCOME OPPORTUNITY
Shovel-ready plats are not easy to find! Acquire and hold or develop half of the site now and hold the other half for the future. Zoning, infrastructure, and site conditions support the potential for additional units, with an estimated retail value of finished lots between $75,000 - $90,000; entitlement costs are very affordable, estimated at around $50,000 per lot.
The Steam Plant, located in northeast Centralia, has historically been one of the main economic drivers in the twin city region. With the upcoming conversion to clean energy, the Steam Plant is projected to bring up to 10,000 new jobs to the area. https://www.seattletimes.com/seattle-news/environment/lewis-countys-centralia-bets-on-clean-energy-as-coaleconomy-fades/
Each parcel has a rental home. The home at 2200 Cooks Hill Road generates $1,800 per month, and the home at 2222 Cooks Hill Road generates $1,600 per month. The original plan incorporates the existing home as a clubhouse.
Rental Unit Farmhouse
The Ponds | Centralia, Washington
RECREATION
The Centralia area offers a diverse array of recreational activities catering to outdoor enthusiasts of all kinds. For hunting and fishing enthusiasts, the nearby rivers and forests provide abundant opportunities to engage in these pursuits, with prime spots for catching trout and bass or tracking game in the lush, wildlife-rich landscapes. Beyond hunting and fishing, the region is a haven for adventure seekers and nature lovers. Winter months bring the excitement of skiing and snowboarding in the nearby Cascade Mountains, while the warmer seasons invite mountain biking and hiking on scenic trails that weave through the breathtaking terrain. Whether casting a line, hitting the slopes, or exploring rugged paths, Centralia and its surroundings offer everyone a perfect blend of outdoor recreation.
Photo not taken on property
Photo not taken on property
Photo not taken on property
CLIMATE
Centralia, Washington, experiences a mild maritime climate with cool, wet winters and warm, dry summers. The average annual rainfall is around 50 inches.
Climate charts courtesy of https://www.city-data.com/city/Centralia-Washington.html
AREA HISTORY
Centralia was initially settled in the 1850s by pioneers attracted to the fertile lands in the area, primarily for farming and logging. The arrival of the Northern Pacific Railroad in the 1870s spurred growth in Centralia, transforming it into a regional transportation hub. The town’s strategic location along the railroad contributed significantly to its development.
Centralia’s downtown area retains many historic buildings that showcase its architectural heritage from the late 19th and early 20th centuries. The Centralia Square Grand Ballroom & Hotel is a prominent example of this historic architecture.
Centralia continues to evolve as a modern community while honoring its historical roots. The town’s historical society and local museums, such as the Centralia Historical Museum, preserve and educate visitors about its past.
Photo not taken on property
Photo not taken on property
Photo not taken on property
NEARBY ATTRACTIONS & ACTIVITIES
• The Great Wolf Lodge is perfect for families. This indoor water park near Grand Mound offers slides, pools, and other water attractions.
• Centralia is surrounded by farmland. Consider visiting a local farm that provides activities such as berry picking or farm tours.
• If you’re into sports, the indoor sports complex in Centralia hosts events and offers facilities for activities like soccer, basketball, and volleyball.
• Learn about military history at the Veterans Memorial Museum in Chehalis, just a short drive from Centralia.
Photo courtesy of Wikicommons and E is for Ian
Ponds | Centralia, Washington
Centralia, Washington, in the heart of Lewis County, offers a blend of historic charm and modern amenities against a backdrop of lush Pacific Northwest landscapes. Known for its vibrant downtown and rich with local shops and eateries, Centralia boasts a strong sense of community. Outdoor enthusiasts are drawn to nearby parks and trails, while history buffs explore its well-preserved architecture. With convenient access to Interstate 5, Centralia is a gateway to exploring Washington State’s diverse attractions and natural beauty.
AIRPORT SERVICES
Nearby airports are Seattle-Tacoma International Airport (SEA) and Portland International Airport (PDX), about a 90-minute drive from Centralia.
GETTING THERE
From SeaTac International Airport, merge onto WA-518 E. Take the exit to merge onto I-5 S toward Tacoma/Portland. Stay on I-5 S for about 75 miles. Take exit 81 for Mellen Street toward WA-507 S. Turn right onto Mellen Street. Turn left onto S Scheuber Road. Turn right onto Cooks Hill Road.
From Portland, merge onto I-5 N. Stay on I-5 N for about 85 miles. Take exit 81 for Mellen Street toward WA-507 S. Turn left onto Mellen Street. Turn left onto S Scheuber Road. Turn right onto Cooks Hill Road.
17 The Ponds | Centralia, Washington
WINTER AT THE PONDS
The Ponds | Centralia, Washington
CONSERVATION | STEWARDSHIP
Each of us at Fay loves the land and wants to see it remain a productive agricultural ground and a quality fish and wildlife habitat. Through promoting thoughtful land stewardship, Fay has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay is proud to say that since our company began in 1992, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape.
The Ponds | Centralia, Washington
The Ponds is a picturesque approved Planned Unit Development (PUD) spanning approximately 13.8± acres in Centralia, Washington, located just south of Cooks Hill Road. This charming townhome community offers a tranquil yet convenient living environment with 42 single-family attached two-story units, each on its own platted lot. The potential to accommodate up to 55 units exists if developers adjust the design. Buyers could use the existing environmental, archeological, and traffic reports to apply for approval of a Planned Unit Development on the adjacent 11.6± acre parcel. Named for the two serene ponds that grace its landscape, The Ponds combines rural charm with strategic location and thoughtful planning, making it a desirable choice for those seeking peace and convenience in Centralia.
The Ponds | Centralia, Washington
Please contact Troy Dana at (360) 402-5599 | tdana@fayranches.com or Trina Walpole at (360) 481-2969 | twalpole@fayranches.com to schedule a showing. This is an exclusive listing. An agent from Fay must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties, fly fishing properties, and sporting ranches that we have listed, please visit our web page at www.fayranches.com.
$3,000,000 Cash
Conventional Financing 1031 Exchange
Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.
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