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For sale
  • Listed by: Ciano Real Estate, Inc. • Frankie Ciano • 805-748-1026
    Price cut: $11K (10/30)
    $1,639,000

    15050 Morro Rd, Atascadero, CA 93422

    3beds
    2,662sqft
    : 
    $10,546/mo
    Get pre-qualified
    Mixed Use
    Built in 1981
    1.42 Acres Lot
    $1,594,700 Zestimate®
    $616/sqft
    $-- HOA

    What's special

    Rv hookupsTwo-car garageProfessional kitchenLandscaped groundsNewer roofFlat usable acreageSpacious bar
    RARE CENTRAL COAST LIVE, WORK & COMMERCIAL OPPORTUNITY. Ideally situated along scenic Highway 41 between Atascadero and Morro Bay, this unique 1.42-acre property combines an established business location, private residence, expansive outdoor spaces, and valuable infrastructure in a highly visible Central Coast setting. Long home to the well-known “Halfway Station” restaurant, the property offers an exceptional opportunity for an owner-user, entrepreneur, investor, or hospitality operator. The commercial building features a professional kitchen, spacious bar, and recent interior and exterior improvements. The outdoor setting includes an approximately 900-square-foot covered patio, shaded seating areas, landscaped grounds, and a handcrafted stage, ideal for live music, private celebrations, weddings, community gatherings, and other special events. The possibilities are wide open. Beyond restaurant use, the property supports several potential concepts, including but not limited to a café, general store, farm stand, nursery, retail space, construction or office space, and other compatible commercial uses, subject to applicable zoning, permits, and approvals. The combination of Highway visibility, established improvements, outdoor amenities, and usable acreage provides flexibility for someone looking to restart a restaurant or create an entirely new destination. Set privately on the property, the single-level, 1,360-square-foot residence offers 3 bedrooms and 2 bathrooms, with a newer roof, upgraded HVAC, modernized plumbing, a two-car garage, and expansive windows overlooking surrounding hillsides and mature oak groves. The flat, usable acreage also includes RV hookups, storage sheds, and two productive wells supporting residential and commercial needs. The property's established history and reported grandfathered mixed-use characteristics within a Rural Residential setting further distinguish it from typical commercial offerings. Whether you continue the "Halfway Station" tradition or create a new concept, you can enjoy the benefits of a live-work property. This is a rare opportunity to acquire an established Central Coast property with location, land, infrastructure, water, and flexibility, all subject to County review and required approvals.
    157 days
    669
    29

    Zillow last checked:

    Listing updated:

    Listed by:

    Frankie Ciano DRE #01412309 805-748-1026,

    Ciano Real Estate, Inc.

    Source: CRMLS,MLS#: SC26113874MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      • Main level bathrooms: 4
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom, Other
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Forced Air, Propane
      Cooling
      • Central Air
      Appliances
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • All Bedrooms Down
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,662 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Fencing: Wood,Wire
      • Has view: Yes
      • View description: Mountain(s), Trees/Woods
      Lot
      • Size: 1.42 Acres
      • Features: Back Yard, Corner Lot, Greenbelt, Horse Property, Lot Over 40000 Sqft, Landscaped, Level, Street Level
      Details
      • Parcel number: 046231050
      • Zoning: RR
      • Special conditions: Standard
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Materials
      • Metal Siding, Wood Siding
      • Roof: Composition,Metal
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Electric: Standard, 220 Volts
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Propane

      Community & HOA

      Community
      • Features: Foothills
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Toro Creek
      Location
      • Region: Atascadero

      Financial & listing details

      • Price per square foot: $616/sqft
      • Tax assessed value: $841,989
      • Date on market: 5/26/2026
      • Cumulative days on market: 157 days
      • Listing terms: Cash to New Loan
      • Exclusions: Airstream

        Estimated market value

        $1,594,700

        $1.51M - $1.67M

        $3,108/mo

        Price history

        DateEventPrice
        10/30/2026Price change$1,639,000-0.7%$616/sqft
        Source: CRMLS #SC26113874 Report a problem
        8/26/2026Price change$1,650,000-10.8%$620/sqft
        Source: CRMLS #SC26113874 Report a problem
        7/1/2026Price change$1,850,000-5.1%$695/sqft
        Source: CRMLS #SC26113874 Report a problem
        5/26/2026Listed for sale$1,950,000+163.5%$733/sqft
        Source: CRMLS #SC26113874 Report a problem
        12/3/2018Sold$740,000-15.8%$278/sqft
        Source: Public Record Report a problem
        7/15/2018Listing removed$879,000$330/sqft
        Source: Patterson Realty #SC18009483 Report a problem
        7/2/2018Listed for sale$879,000+46.5%$330/sqft
        Source: Patterson Realty #SC18009483 Report a problem
        5/24/2005Sold$600,000+166.7%$225/sqft
        Source: Public Record Report a problem
        7/31/1995Sold$225,000+800%$85/sqft
        Source: Public Record Report a problem
        4/12/1995Sold$25,000$9/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $841,989 +2%
        2025$9,429 +4.9%$825,480 +2%
        2024$8,993 +0%$809,295 +2%
        2023$8,989 +1.3%$793,427 +2%
        2022$8,878 +2%$777,870 +2%
        2021$8,704 +1%$762,619 +1%
        2020$8,614 +2%$754,800 +2%
        2019$8,446 +14.8%$740,000 +13.6%
        2018$7,357 +6.3%$651,627 +6.2%
        2017$6,920 +1.8%$613,330 +1.8%
        2016$6,794 $602,340 +3.3%
        2015$6,794 $583,257 -29%
        2008-- $821,854 +2%
        2007-- $805,740 +31.7%
        2006-- $612,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        Climate risks

        Neighborhood: 93422

        Nearby schools

        GreatSchools rating

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