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15050 Morro Road

Atascadero, CA 93422
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Bed 3

Bed

Bath 4

Bath

SqFt2,662

Sqft

SqFt61,855

Sqft(Lot)

Perfectly situated along scenic Highway 41 between Atascadero and Morro Bay, this unique 1.42-acre property features both a fully operational restaurant and a private residence, offering an exceptional live-work or investment opportunity. The site is home to the well-known “Halfway Station” restaurant. One of the County's longest-standing business sites is slated for immediate use. It features a spacious bar, commercial kitchen, and recent interior/exterior improvements that enhance both function and curb appeal. A popular stop for locals and travelers alike, the venue benefits from steady Hwy visibility and includes an expansive ABC-permitted beer-and-wine service area, creating strong potential for continued business success. The outdoor setting is a standout feature, with a large 900-sq uare-foot covered patio, generous shaded seating areas amongst the landscape, and a handcrafted stage, making it ideal for live music, private events, and community gatherings. Sequestered on the property, the single-level residence spans 1,360 square feet with three bedrooms and two bathrooms, offering comfortable living with thoughtful updates, including a new roof, upgraded HVAC system, modernized plumbing, and a two-car garage. Expansive windows and outdoor spaces capture sweeping views of the surrounding hillsides, dotted with oak groves, enhancing the natural setting. The acreage is flat, usable, and well-suited for a variety of needs, complete with RV hookups and storage sheds for added flexibility. Two productive wells provide a reliable and valuable water source, supporting both residential and commercial use. Adding to its appeal is the rare grandfathered mixed-use status in a Rural Residential zone, which allows a seamless blend of business and living, a feature increasingly difficult to find! Whether envisioned as a thriving hospitality venture, a live-work retreat, or a long-term investment on the Central Coast, this property offers exceptional versatility and potential in a highly desirable location.

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Detail Ic Property Details

Property Type : Residential

Price : $1,650,000

AD Id : 79260191

MLS Id : SC26113874

Beds : 3

Lot Size : 61,855 Sq. Ft

Living Area Size : 2,662 Sq. Ft

Year Built : 1981

Garage : 2

County : San Luis Obispo

Subdivision: Nautica Isles

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 4 Full Baths: 2 Half Baths: 2

    Roofing Information

    Composition, Metal
  • Interior Features

    AllBedroomsDown
    Roof: Composition, Metal
    Laundry Features: WasherHookup, GasDryerHookup
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir, Propane Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1981
    Construction Materials: MetalSiding, WoodSiding
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Mountains, TreesWoods

  • Lot Information

    Main Square Feet: 61855 Lot Size Acres: 1.42 Lot Size Source: Assessor Lot Size Square Feet: 61,855 Lot Description: BackYard,CornerLot,Greenbelt,HorseProperty,LotOver40000Sqft,Landscaped,Level,StreetLevel

    Property Information

    Subdivision: Toro Creek Source Property Type: Residential Property SubType: Mixed Use Levels: One Property Age: 45

  • Listing Price Information

    Listing Price: $1650000
    Original Price: $1950000
    CashToNewLoan

  • Tax Information

    Parcel Number: 046231050

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Utility Information

    CableAvailable, ElectricityConnected, Propane
  • Location Information

    Direction: Take Highway 41 between Morro Bay and Atascadero, located at the halfway point on the corner or Toro Creek and Hwy 41. Enjoy! WaterSource: Well Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

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16255 Walnut, Atascadero, CA, 93422 $849,000 4 4 -- 60,984 Sq. Ft
16255 Walnut, Atascadero, CA, 93422 $849,000 4 4 2,511 60,984 Sq. Ft
9265 Linden Avenue, Atascadero, CA, 93422 $1,350,000 5 3 3,204 133,729 Sq. Ft
9291 Santa Margarita, Atascadero, CA, 93422 $920,000 4 3 2,612 111,949 Sq. Ft
11175 Avion, Atascadero, CA, 93422 $1,050,000 4 4 2,576 7,388 Sq. Ft
14740 Morningside Road, Atascadero, CA, 93422 $919,000 3 2 1,718 17,860 Sq. Ft
14215 Mary Austin Lane, Atascadero, CA, 93422 $1,400,000 4 4 3,087 20.12 Acres
10848 Los Pueblos, Atascadero, CA, 93422 $95,000 2 1 720 --
8664 Paseo De Vaca, Atascadero, CA, 93422 $799,999 3 3 2,081 5,154 Sq. Ft
7760 Valle Ave., Atascadero, CA, 93422 $695,000 3 2 1,404 21,900 Sq. Ft

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ByOwner last updated this listing 09/22/2026 @ 02:53

MLS: SC26113874 LISTED BY: Frankie Ciano, Ciano Real Estate, Inc. 805-771-9779 SOURCE: CRMLS

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