The Ponds | Fay Ranches

THE PONDS

Centralia, Washington $1,150,000 13.8± Acres

The Ponds Phase 1 Parcel

INTRODUCTION The Ponds is a rare, fully entitled, shovel-ready Planned Unit Development 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.

This is 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, and, with design modification, there is potential to add an additional 10-12 units. Walkable open space, recreational trails, a community building, and park-style landscaping add intrinsic value and strong buyer appeal. This 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 equidistant 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. For developers seeking speed, scale, and certainty, this is the opportunity.

The Ponds | Centralia, Washington

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QUICK FACTS • • •

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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 twostory units on individually platted lots, delivered as a shovel-ready project With modification to the plan, there is potential to add an additional 10-12 units 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

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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-coaleconomy-fades/

www.fayranches.com | 800.238.8616 | info@fayranches.com

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ACREAGE •

13.8± acres

The Ponds is an approved subdivision on a 13.8± acre parcel immediately south of Cooks Hill Road in Centralia.

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INCOME OPPORTUNITY Shovel-ready plats are not easy to find! Break ground immediately or acquire and hold. Zoning, infrastructure, and site conditions support 42 units, and with modification to the plan, there is potential for an additional 10-12 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 largest employers in the Twin City region.

With the upcoming retrofit to clean energy, the Steam Plant is once again poised to be one of, if not the largest, employer in the Twin Cities region. https://www.seattletimes.com/seattle-news/environment/lewis-countys-centralia-bets-on-cleanenergy-as-coal-economy-fades/

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Concept drawing submitted for plat approval only

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RENTALS This parcel has a recently renovated home which most recently rented for $1,800 per month.

Dining Room

Farmhouse

Kitchen

Bathroom

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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.

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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

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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.

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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.

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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

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LOCATION 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.

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www.fayranches.com | 800.238.8616 | info@fayranches.com

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.

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WINTER AT THE PONDS

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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.

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SUMMARY The Ponds is a shovel-ready 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. With modifications to the plan, there is potential for an additional 10-12 units.

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 the rapidly growing area of Centralia, Washington.

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www.fayranches.com | 800.238.8616 | info@fayranches.com

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CONTACT PRICE $1,150,000 TERMS Cash Conventional Financing 1031 Exchange

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Please contact Troy Dana at (360) 402-5599 | tdana@fayranches.com, Trina Walpole at (360) 481-2969 | twalpole@fayranches.com, or Ryan Deskins at (360) 827-5268 | rdeskins@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.

NOTICE 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.

www.fayranches.com | 800.238.8616 | info@fayranches.com

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