An exceptional waterfront development opportunity in the heart of Eleuthera just outside of the historic settlement of Governor's Harbour. Buttonwood Reserve is being offered as approximately 40 acres with development rights to an additional 9 acres, featuring 665 feet of protected harbor frontage, direct access to a breathtaking Atlantic pink sand beach, and elevations reaching up to 40 feet. The property offers an ideal setting for a luxury residential community, condominium development, boutique resort, or mixed-use project. Currently operating as a resort with a successful rental and sales history, Buttonwood Reserve provides immediate development opportunities. Extensive infrastructure is already in place, including a resort-style pool and pool area, pickleball court, 200 solar panels with backup power, four maintenance buildings, a partial boat dock, over half a mile of roads, bridge, landscaping, signature entrance, lighting, underground electrical service, septic systems, cisterns, city water, and a fleet of golf carts, kayaks, paddleboards, and bicycles.