Fairway Three Townhomes are located at 5115 Owl Creek Road in Snowmas Village, right off of the Snowmass Village Golf Course. There are 30 Category 4 units consisting of 12 two-bedroom units and 18 three-bedroom units. The project was constructed in 1990 and 1991, and each unit has a carport associated with the unit. Fairway Three is the only deed-restricted development in Snowmass Village that is under the Aspen/Pitkin County Housing Authority purview. The other deed-restricted properties in Snowmass Village are under the purview of the Snowmass Village Housing Authority.