#3 will be correct if you spell "great" correctly! ~~> great-great-grandmother
You can read about the use of hyphens here:
http://grammar.ccc.commnet.edu/grammar/marks/hyphen.htm
1. great great grandmother
2. great-great grandmother
3. gret-great-grandmother
[Which one is grammatical?]
3 answers
1. great great grandmother
2. great-great grandmother
3. great-great-grandmother
2. great-great grandmother
3. great-great-grandmother
Yes -- #3. =)