2200 Cooks Hill Rd, Centralia, WA 98531

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.

https://fayranches.com/property/the-ponds-washington/