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Looking For an Ocean View Real Estate Investment?

For $20K you can buy a Skylawn burial plot on Craigslist.

Skylawn Memorial Park and Funeral Home burial plots may be a final resting place for some, but for others they are assets to sell.

David Dai is one of many San Mateo County residents trying to sell his Skylawn pre-purchased burial plot for some quick cash on Craigslist.

He is selling two side-by-side spaces for $6,800 each, which he bought 10 years ago for himself and his wife. With no steady income the past three years, Dai says he needs the money.

“I have no choice now. I have to sell this investment,” he said.

Hugo Zhou of San Mateo also says “we need the money, and don’t want to save the plots for our parents.”

He’s selling two plots for $5,000 each although the current market price, he says, is $6,500.

The trend for wanting cash in hand now over a casket in the ground later is still alive and well. Sellers are posting every day on Craigslist to market their cemetery real estate. Some of these ads show single plots starting at about $3,000, while couple and family plots can go for $20,000 and up.

There are currently 16 listings on Craigslist since April 12 of people trying to sell their ocean view real estate at Skylawn alone. This doesn’t include the other 45 ads placed by people selling their personal burial plots elsewhere in the Bay Area.

The most expensive offer for Skylawn is currently $20,000 for two sites on "Top of the Hill, side by side located in the Military section. Pacific Ocean View. Best location in a sold out area."

Vanessa Henning, a former San Mateo resident currently residing in Concord, also wants her Skylawn cemetery real estate off her hands. Henning bought her pre-purchased burial plot with her now ex-husband in 1982 when they first got married. She’s selling it today for $6,800.

“If interested, I also have a family member who wants to sell their space, which is located next to mine,” reads the ad.

Henning said she’s not selling for the money but admits the cash would be nice.

Instead, she plans “on being cremated and put into wind chimes,” she said. “Plus I don’t live in the area anymore so Skylawn is not where I want to be.”

When she bought the burial spots with her ex-husband 30 years ago, Henning thinks they paid $1,800 for the two plots.

“Ten years ago when I buried my mom there, plots were going for more than $6,000 each. So it was a good investment,” she said.

An investment, however, that she wants to unload.

“These burial spots are no good to me right now and hopefully I won't need them anytime soon," she said.

Jackie of San Francisco is selling four side-by-side cemetery plots for $5,700 to $6,000 each because “we don’t need the plots anymore since we decided not to use them for our parents when they died, and the pre-planning for ourselves doesn’t require burial plots.”

Skylawn's current cost of each of the plots that Jackie is trying to sell is $6,500, she said, and “includes Perpetual Care service of the grounds.”

“Owning a burial plot is another form of property, a piece of real estate,” she said.

That real estate —off Skyline Drive and Hwy 92 with more than 500 park-like acres on a mountaintop with panoramic views of the Pacific Ocean — could arguably be the most pristine piece of real estate on the Peninsula.

“That view is so awesome, wish I could build a small house on the site of our burial plot instead,” said Marilyn Robs of Half Moon Bay who has been trying to sell for four years now a niche in the Veterans Columbarium that faces the ocean and was intended for her father, who opted to be buried with his second wife some place else.

Like most real estate listings, the Craigslist ads include idyllic descriptions of the setting.

“Skylawn Memorial Park is absolutely the most peaceful and beautiful place in the Bay Area,” reads one ad. “Take a look at the property for yourself … on a clear day the view is breathtaking,” reads another.

Descriptions like “beautiful plot,”  “overlooking the majestic Pacific Ocean,” “Bay Area's most beautiful mountain top,” and “ocean view cemetery in the sold out Garden of Love area,” are commonly used throughout the ads.

“Sort of funny isn’t it since you’re in the ground and can’t enjoy that view,” said Robs, “although it makes for a nice setting for a funeral and for when people visit their loved ones.”

Most of the ads specify cash transactions only with a property transfer fee of $150 to take place at Skylawn Memorial Park Offices.

Yet when it comes to preplanning final wishes and considering burial options, Skylawn family services counselor Patrice Robles says all inquiries should be addressed to Skylawn’s staff and sales managers and that although there are deals to be had out there, she was unable to comment on the Craigslist offers.

Still, Dai is finding that selling a cemetery plot is not a quick sale.

He’s had it on the market for two years now, and no offers have been made. He is hopeful that will change soon.

“It is a hard item to sell because the buyer does not have the choice of location they would have if they went directly to Skylawn and purchased it,” he said, “but a couple might like that my plots are side-by-side and for such a good price.”

Henning hasn’t had any offers either.

“But for people who really want to be buried, it’s more affordable to pay for a burial plot now than later when the time comes,” says Henning. “Unfortunately, many people these days don’t have the available funds for this type of long term need and forecasted care for the future. But I’m hopeful someone will answer my Craigslist ad one day soon.”

Are you in the market for a Skylawn burial plot?

 

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Cid May 17, 2013 at 06:14 pm
I enjoy an occasional Taco Bell, but in the same shopping center as Happy Taco with far better,Read More authentic LOCAL Mexican food! Nah! I do enjoy the Combo locations that have KFC & TACO BELL. (Face it, Americans like to have choices!). With no drive-through, perhaps it will be better than the average suburban stores along the El Camino. As for another chain restaurant in Half Moon Bay...What did you expect? Demographics will continue to dictate that we can still expect to keep our "Fast-Food-Free-Zone" between Linda Mar and HMB while "City Councils or Planning Departments in the Cities will attract them....for their tax base.
Dee May 15, 2013 at 08:07 pm
Seriously? Taco Bell? Next to New Leaf? How did this happen? Not happy about this addition and notRead More looking forward to seeing Taco Bell trash all over the place. Not sure about KFC ... we already have a fast food chicken place at Popeyes so we certainly don't need another. The high school students will probably frequent Taco Bell the most and keep it in business but I will not be going there that's for sure.
George Muteff May 15, 2013 at 06:52 pm
I'm not particularly thrilled with yet another big corporate fast food store in HMB. I'm not a realRead More Taco Bell fan either, but I have noticed that Taco Bell and KFC are one in the same at many locations. I'm wondering if that will be the case here. Will this store include KFC? Anyone know?
Misha Flores May 17, 2013 at 09:35 am
To be honest I would probably just let my dog run around without a leash anyway, except there's soRead More much darned poison oak around these hills. I don't want her to get contaminated and then I hug her and trouble ensues.
Anne Martin May 16, 2013 at 04:29 pm
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pae May 13, 2013 at 03:00 pm
Most dogs and horses can get along fine, if they have the opportunity to be socialized to eachRead More other. If dogs never get to see horses, or vice versa, then there is a startle/fear response, and each will respond according to its temperament. Remove all opportunities for this socialization, as GGNRA wants to do, and there will be more problems. Apparently GGNRA has even ordered stable owners not to allow equestrians to bring their dogs to the stable any more, which is grossly unfair to all concerned. GGNRA just hates dogs, and their policies have been written accordingly. It is unfathomable that here on the Coastside, surrounded by miles of open space, there is no legal area except one small dog park, for dog owners to walk with their companions off leash. Horses, bicycles and people have full access, but dog owners very limited access, and no access for off leash exercising. Rancho territory is 6 1/2 square miles. Surely there is enough room for all recreation! It's our tax money, too, but we're being denied use of the space we own.