Based on the double-layered foundation theory, the composite ground with partially penetrated cement fly-ash gravel (CFG) piles was regarded as a double-layered foundation including the surface reinforced area and the underlying untreated stratum. Due to the changing permeability property of CFG piles, the whole consolidation process of the composite ground with CFG piles was divided into two stages, i.e., the early stage (permeable CFG pile bodies) and the later stage (impermeable pile bodies). Then, the consolidation equation of the composite foundation with CFG piles was established by using the Terzaghi one-dimensional consolidation theory. Consequently, the unified formula to calculate the excess pore water pressure was derived with the specific solutions for the consolidation degree of composite ground, reinforced area and underlying stratum under instant load obtained respectively. Finally, combined with a numerical example, influencing rules by main factors (including the replacement rate m, the treatment depth h1, the permeability coefficient Ks1, Kv2 and compression modulus Es1, Es2 of reinforced area and underlying stratum) on the consolidation property of composite ground with CFG piles were discussed in detail. The result shows that the consolidation velocity of underlying stratum is slower than that of the reinforced area. However, the consolidation velocity of underlying stratum is slow at first then fast as a result of the transferring of effective stress to the underlying stratum during the dissipating process of excess pore water pressure.