 The homes here range from 2 - 20 million dollars.Premium Point Park is waterfront community on Echo Bay between the gated Premium Point community on the east and the campus of Salesian High School and Five Islands Park on the west.The Premium Point Park Association, founded in 1922, is a dues-paying association that provides and maintains upkeep on its common properties including park land along the shore, recreational space, and docks for waterfront access.