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.
Property Details
Price:
$1,950,000
MLS #:
SC26113874
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
atscatascadero
Listed Date:
May 26, 2026
Finished Sq Ft:
2,662
Lot Size:
61,855 sqft / 1.42 acres (approx)
Year Built:
1981
See this Listing
Schools
School District:
Atascadero Unified
Interior
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Cooling
CA
Heating
FA, PRO
Laundry Features
GAS, WH
Levels
A
Main Level Bathrooms
4
Main Level Bedrooms
3
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
FHL
Construction Materials
MTL, WOD
Fencing
WD, WIRE
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
CMP, MTL
Security Features
SD, COD
View
MT, TW
Financial
Map
Community
- Address15050 Morro Road Atascadero CA
- SubdivisionOther (OTHR)
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
Subdivisions in Atascadero
Market Summary
Current real estate data for Single Family in Atascadero as of May 31, 2026
77
Single Family Listed
227
Avg DOM
475
Avg $ / SqFt
$776,566
Avg List Price
Property Summary
- Located in the Other (OTHR) subdivision, 15050 Morro Road Atascadero CA is a Single Family for sale in Atascadero, CA, 93422. It is listed for $1,950,000 and features 3 beds, 4 baths, and has approximately 2,662 square feet of living space, and was originally constructed in 1981. The current price per square foot is $733. The average price per square foot for Single Family listings in Atascadero is $475. The average listing price for Single Family in Atascadero is $776,566.
Similar Listings Nearby
Courtesy of Ciano Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 15050 Morro Road
Atascadero, CA
