Morro Mist offers affordable two and three bedroom homes

A new townhomes project in North Morro Bay is nearing completion and showing units now.

Located in the 2400 block of North Main St., the “Morro Mist” project consists of 23 units in a mix of one bedroom-one bath, and three bedroom-two bath floor plans.

Each comes with a two-car garage and varies in price from $550,000 to $845,000.The project was originally approved in 2011 but was long delayed. For some time the property at the corner of Main and Bonita Streets was for sale and in 2018 finally broke ground and began construction. The developer on the project is listed as Steve Miller, who has done several other projects in the area.

General contractor for the project was Rarig Construction, of San Luis Obispo and recently, workers with Ian Gaffney Landscaping of Morro Bay were finishing up the brick driveway, a requirement of the City for storm water retention.

Though similar, the project is not a “condominium” project, as each unit is separated by a narrow gap of air space but the property was subdivided.

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That’s something the realtor handling the sales, Jay Chiasson of Navigator Real Estate in Morro Bay emphasized. 

“They are finished like a single family residence,” Chiasson said. “They each have five inches of air space in between them so there are no shared walls.”

He explained that unlike condos and apartment buildings that share an outer wall, “You won’t hear the people next door.”

Two of the 23 units are required to be sold at “affordable” rates, said Cindy Jacinth, a senior planner with the City. She said the sales price would be based on a formula set up by the State and based on income and ability to pay. 

Chiasson said their role in the complicated process will be to handle the pre-qualifying of anyone who wants to try and buy one of those units. That then goes to the City for qualifying and then to the Housing Authority in San Luis Obispo for final checks and approval. The two units have already had people trying to buy them, but Chiasson said they didn’t qualify based on income.

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Jacinth estimated someone would have to make between $70,000 and $78,000 a year for a 1-2 person household, enough to ensure that the buyer can afford the mortgage, and that someone making more than that can’t get the unit.

The project actually was required to have 2.3 affordable units under the City’s ordinances and the developer decided to pay in-lieu fees for that partial unit. Jacinth said that fee was paid several years ago, and was about $166,000.

The listed prices for the 13, 1,200 square-foot, one-bedroom units are a low of $550,000 to a high of $675,000. And while they are listed as one bedroom, each has a rather large “flex” space on the first floor.

There are eight, three-bedroom units at 1,650 square-feet, with a garage, two bedrooms and a bath on the bottom floor and a large master bedroom and master bath plus a walk-in closet on the second floor. 

Kitchens, dining areas, and living rooms with fireplaces, are all on the second floors and each has a second floor balcony. The 3-bedroom units also have small half baths called “powder rooms,” so the three-bedroom units are actually 2-1/2 baths.

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Asking prices for the three-bedroom units range from a low of $775,000 to a high of $845,000, with the majority listed at $825,000.

The whole development is only about six blocks from Morro Strand Beach, an easy walk down Atascadero Road and there’s easy access to Highway 1 for commuters. 

The buyers have to be part of a homeowners association, which Chiasson said will only run $157 a month.

And the HOA will of course come with restrictions and rules, in particular, Chiasson said they’ve written into the rules that none of the units can be used as a short-term vacation rental, which he said would be most unwelcomed in a cluster of homes like this.

Chiasson said the project turned out great. 

“It’s a great project,” he said, “the reception has been good.”

Realtors are on site daily starting at 11 a.m. and Chiasson said people can see it online at: or call (805) 500-3911. They have an open house daily, if interested readers want to drop by.

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