Mountain Homes Realty
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15050 morro road

Atascadero, CA 93422

$1,850,000

3 BEDS 4 BATHS
2,662 SQFT1.41 AC LOT
Residential - MixedUse
Price Changed
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Bedrooms 3
Total Baths 4
Full Baths 2
Square Feet 2662
Acreage 1.42
Status Active
MLS # SC26113874
County San Luis Obispo
More Info
Category Residential - MixedUse
Status Active
Square Feet 2662
Acreage 1.42
MLS # SC26113874
County San Luis Obispo
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.
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Exterior Features

  • Construction Single Family
  • Siding MetalSiding, WoodSiding
  • Roof Composition,Metal
  • Garage Yes
  • Water Well
  • Sewer SepticTank
  • Lot Description BackYard, CornerLot, Greenbelt, HorseProperty, LotOver40000Sqft, Landscaped, Level, StreetLevel

Interior Features

  • Heating ForcedAir, Propane
  • Cooling CentralAir
  • Fireplaces No
  • Fireplaces Description None
  • Living Area 2,662 SQFT
  • Year Built 1981

Neighborhood & Schools

  • Subdivision Toro Creek

Financial Information

  • Parcel ID 046231050
  • Zoning RR

Additional Services

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Listing Information

Listing Provided Courtesy of Ciano Real Estate, Inc. - (805) 748-1026
The data for this listing came from the California Regional MLS
Listing data is current as of 07/07/2026.
California DRE #02247371

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