Discover the potential of this spacious residential lot located at 2080 Hot Peppers in Chaparral, New Mexico. This unique property offers a rare opportunity to build your dream home in a peaceful, rural setting while enjoying the benefits of existing water rights—a valuable asset in this region. permit number is available upon request, providing peace of mind and added value for future development or agricultural use. Whether you're looking to develop, invest, or build a private retreat, this land offers flexibility and utility. This property comes with a numbered permit from the State Engineer's Office for a water well.