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