Now 46 years in the making, Delta Coves is finally close to making its debut in Bethel Island. Model homes for the luxury marina project are being constructed, and with them ride the hopes of a community often left in the backwaters of the East County development wave.
Although not finished, the model homes will be unveiled in what the developer calls a “dusty shoe” opening during an invitation-only event, the weekend of July 5 to July 7.
Nick Taratsas, the general manager of Delta Coves for DMB Development, said about 150 people who have signed up at the project’s website will be invited to tour the model construction’s progress, which he said are about 75 percent completed. Taratsas said he has 200 want-to-buy customers lined up out of 4,000 contacts made at the company’s website.
The company is currently building seven models and final home prices will range between $700,000 to $1.2 million. Monthly HOA fees are projected to be $195 a month, which will include use of the Island Cove Camp — a 4,500-square-foot community club with a 36-by-75 foot pool, game pavilion and bar. Also currently under construction, the camp is projected to be finished by fall, according to Taratsas.
Spanning 310 acres, the project will include 560 waterfront homes — 416 with private boat docks — a 230-slip marina and a private yacht club.
First proposed in 1973, the project has ridden through decades of rough water to reach reality. One federal lawsuit held up the plans until 1989, the housing collapse in 2008 and several changes in ownership also caused delays.
Jamie Bolt, harbormaster at Bethel Harbor, welcomes the opening of the project and the added customers it should bring local businesses.
Delta Coves is a unique project, having been built atop new levees and above the flood line. As a result, homes there will not require flood insurance. The community has completed infrastructure that includes its own water-pumping system that allows for a four-foot tidal rise within the community.
“There’s not going to be too many more waterfront communities like them being built in California,” said Regina Espinoza, district manager of the Bethel Island Municipal Improvement District. “I think the developers have done a good job designing the project to keep the ‘Delta lifestyle’ in mind.”