Chapparal Aspen is located off of Rock Hollow Way in Woody Creek. The units were constructed in 2006 and created through the Chapparal Aspen Ranch development. The property consists of four Category 4 two-bedroom duplex units and three Category 4 single-family homes. These units can be owned by a qualified employee or owned by an owner of the Chapparal Aspen Ranch whereby that owner can rent to a qualified employee. The units are restricted to the Category 4 designation as to rent and sales price, but the owner or tenants can qualify up to the Category 5 qualifications.