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15050 Morro Road Atascadero, CA 93422
$1,650,000 3 beds, 4 baths
2, 662 sqft
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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
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Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Agent Remarks

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-square-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.

Listing Details

Property type: Mixed Use (Single Family)
Status: Active
MLS# SC26113874
List price is $1,650,000 Reduced by $200,000 on 8/26/2026
HOA Fee is $0.00
Beds: 3
Baths: 4 (2 full) (2 half)
None fireplaces
Built in 1981
2,662 sqft
1 story
1.42 acres
Lot size: 1.4200
Subdivision: Toro Creek
County: San Luis Obispo
Zoning: RR
Construction: Metal Siding,Wood Siding
Interior features: All Bedrooms Down
Lot description: Back Yard,Corner Lot,Greenbelt,Horse Property,Lot Over 40000 Sqft,Landscaped,Level,Street Level
Heating/cooling: Central Air
Heating description: Forced Air,Propane
MLS area: ATSC - Atascadero

Last Updated: 8/26/2026

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This listing belongs to the ATSC - Atascadero MLS area

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Lat/Long: 35.458810, -120.749310.
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Listing Agent: Frankie Ciano
Lic#: 02077006
Office Name: San Diego Central

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com

San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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