The Trails at Dry Creek Ranch – Ellensburg, WA
Property Status: Available
Lots: 265 Lots
The Offering: The property consists of roughly 80.34 acres and has preliminary plat approval for 265 residential lots. Additionally, the property was submitted in December of 2024 to the City of Ellensburg for Engineering Approval.
The Opportunity: The property is uniquely positioned as an affordability play for the Puget Sound housing market. The mix of 45 and 65 foot wide lots should help in providing multiple product types and cast a wide net for potential home purchasers. In addition, the property boasts gentle topography and immediate access to the sought after Palouse to Cascade Trail and adjacent elementary schools.
Ellensburg/I-90 Corridor: Ellensburg’s economic success is closely tied to the Puget Sound region due to its role as a key agricultural supplier, especially for high-quality hay exports to international markets via Seattle and Tacoma ports. Its proximity to the Seattle metro area drives tourism, with visitors drawn to outdoor recreation, events like the Ellensburg Rodeo, and the city’s historic charm. The region also benefits from spillover effects of Puget Sound’s economic growth, with some businesses and residents relocating for lower costs while maintaining connections to Western Washington’s markets.
Kittitas County Major Employers/Economic Drivers: Kittitas County’s major employers span education, healthcare, government, agriculture, and energy. Central Washington Universty is the largest employer, supporting education and local businesses. Kittitas Valley Healthcare provides essential medical services and jobs, while county and city governments employ workers in public administration, law enforcement, and infrastructure. The county’s strong agricultural sector, particularly hay production and cattle ranching, supports numerous agribusinesses. Renewable energy companies, including wind and solar farms, contribute to job growth and investment. Additionally, the retail, hospitality, and construction sectors benefit from tourism, real estate development, and the county’s strategic location along I-90, which also supports logistics and transportation-related employment such as the new one million square foot WinCo distribution center.
Featured Properties

The Trails at Dry Creek Ranch – Ellensburg, WA
A 265 Lot Residential Development Opportunity
The Offering: The property consists of roughly 80.34 acres and has preliminary plat approval for 265 residential lots. Additionally, the property was submitted in December of 2024 to the City of Ellensburg for Engineering Approval. The Opportunity: The property is uniquely positioned as an affordability play for the Puget Sound housing market. The mix of […]
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