IPA: //ˈwɔːtərfrʌnt//
KK: /ˈwɔːtərfrʌnt/
An area of land that is next to a body of water, often used for docks, parks, or buildings.
The new restaurant by the waterfront offers beautiful views of the lake.
Waterfront → It is formed from "water" (from Old English "wæter", meaning liquid that falls as rain or is found in rivers and lakes) and "front" (from Old French "front", meaning the forehead or front part). The word "waterfront" refers to the part of land that is adjacent to a body of water.
Think of the 'water' as the liquid next to the 'front' of the land — that's why a waterfront is the area right by the water.
No commonly confused words.