Best of Lake Erie — Discovering New Waterfront Living in Waterwood

Get a closer look at a legendary Lake Erie waterfront estate in Vermilion, Ohio, that's shedding its mysterious past and transforming into a luxurious new lifestyle community.

For decades since its 1986 construction, the waterfront estate in Vermilion, Ohio, known as Waterwood was as mysterious as it was ostentatious. The 60-acre estate is now getting a new life. It was bought in 2020 by DiGeronimo Cos., and plans are underway to turn the original home into a lifestyle community, and construction is in progress on what will be 26 town homes on the shore. (A 70-unit condo building also is planned.)

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