$1,950,000

15050 Morro Rd Atascadero, CA 93422

Estimated payment $11,098/month

Total Views 1,592
3 Beds
4 Baths
2,662 Sq Ft
$733 Price per Sq Ft

Highlights

  • Horse Property Unimproved
  • Corner Lot
  • 2 Car Attached Garage
  • View of Trees or Woods
  • No HOA
  • Laundry Room

About This Home

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 Agent

Frankie Ciano

Ciano Real Estate, Inc. Brokerage Phone: 805-748-1026 License #01412309 Listed on: 05/26/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • No Common Walls
  • Wood Fence
  • Wire Fence
  • Landscaped
  • Level Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Entry on the 1st floor
  • Mixed Use
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • Propane
  • Well
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 046231050

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills
  • Greenbelt

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

1.42 Acres

Parking

2

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Toro Creek
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 046231050
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2662.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 732.53
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s), Trees/Woods
  • Fence: Yes
  • Fencing: Wire, Wood
  • Pool Private: No
  • Roof: Composition, Metal
  • Construction Materials: Wood Siding, Metal Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Propane, Cable Available, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard, 220 Volts
  • Heating Type: Propane, Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Corner Lot, Level with Street, Landscaped, Level, Back Yard, Greenbelt, Horse Property Unimproved
  • Lot Size Sq Ft: 61855.00
  • Lot Size Acres: 1.4200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 61855.0000 Square Feet
  • Number Of Units Total: 2

Map

Range of Values:

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Value Increase
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,993 $825,480 $490,826 $334,654
2024 $8,989 $809,295 $481,202 $328,093
2023 $8,989 $793,427 $471,767 $321,660
2022 $8,878 $777,870 $462,517 $315,353
2021 $8,704 $762,619 $453,449 $309,170
2020 $8,614 $754,800 $448,800 $306,000
2019 $8,446 $740,000 $440,000 $300,000
2018 $7,357 $651,627 $290,000 $361,627
2017 $6,920 $613,330 $265,000 $348,330
2016 $6,794 $602,340 $265,000 $337,340
2015 $6,575 $583,257 $255,000 $328,257
2014 $6,046 $575,750 $255,000 $320,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 For Sale $1,950,000 -- $733 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $740,000 First American Title Co
Grant Deed $600,000 Chicago Title Co
Grant Deed $225,000 Chicago Title Co
Grant Deed $25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $518,000 Commercial
Previous Owner $480,000 Commercial
Previous Owner $143,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC26113874

California Regional Multiple Listing Service (CRMLS)

APN: 046-231-050

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