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Point Monroe is a unique neighborhood on Bainbridge Island, Washington. Located on the northeastern end of the island, just north of Fay Bainbridge State Park, Point Monroe, also known as "the Sandspit," is a thin strip of land that wraps around a saltwater lagoon. There are over 50 homes on the Sandspit, many of which—because of the thinness of the spit—have two waterfronts - one behind the house, and one in front of it and across the road. Despite the fact that many of the homes are small, often former fishing cabins, current house prices are generally equivalent with larger no-bank waterfront homes elsewhere on the island because of the double waterfronts. Point Monroe is accessible via Point Monroe Drive NE, which is a public road up to the turnaround at its midsection and private shortly after that point. Residents of the Sandspit form a lively and varied community, and celebrate each Fourth of July with their own parade, concluding at the State Park with patriotic songs.