87557 E GOVERNMENT CAMP LOOP # 101 Government Camp, OR $ 798,000
87557 E GOVERNMENT CAMP LOOP # 101
$ 798,000
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87557 E GOVERNMENT CAMP LOOP # 101

Government Camp, OR, 97028
$ 798,000
Bedrooms3 Baths3.0 Sq 1,890

Monthly Estimate*

$ 5,039

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Condo for sale in Government Camp, OR

for $798,000 with 3 bedrooms and 3 full baths. This 1,890 square foot condo was built in 1981.

Welcome to your dream mountain retreat in the heart of Government Camp, Oregon. Thunderhead Lodge is best known as the converted lower terminal of the historic Mt. Hood Aerial Skiway. Operating briefly in the 1950s as a "flying bus" to Timberline Lodge (see video attached), the abandoned station was transformed in 1962 into the lodge featuring a swimming pool, dance floor, and private rooms. This stunning 3-bedroom, 3-bathroom condo offers just under 1,900 square feet of open-concept living space — originally the restaurant and dining area of the lodge. High beamed ceilings and a native rock wood-burning fireplace honor that storied past. The brand new kitchen features all new appliances, cabinets, a beautiful matte black quartz counter at the large eating bar and dining area, flowing into two distinct seating areas in the great room — one with direct deck access. Step outside onto the deck with greenspace and trail heads to the east. Park right next to your deck when there's no snow for ultimate convenience when unloading the car or cross country ski down the path to your unit! **A proven investment opportunity:** This property has generated **$220,138 in total gross income** through Vacasa from 2019–2025, making it a compelling turnkey vacation rental for buyers seeking immediate returns. The lodge's geothermal well system provides heat, hot water, and powers the heated pool. HOA dues cover personable daily building management check ins,snow sport tuneup rm, door security, heat, water, garbage, snow removal, internet, the heated pool and a community room with your own storage room that holds your winter belongings all year round (no need to ever drive them back home!). Combined with low property taxes, your cost of ownership stays remarkably manageable. You're just moments from world-class skiing at Mt. Hood Skibowl and Mt. Hood Meadows, with the legendary Timberline Lodge a short drive away. Call your favorite agent today to schedule a private showing!

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Condo Active

Price

$ 798,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 3,872

Style

Chalet,Lodge

Year Built

1981

Town/City

Government Camp

County/Region

Clackamas

MLS | Web ID

480779927

Features
Interior
Interior Amenities Furnished HighCeilings HighSpeedInternet LaminateFlooring Laundry SlateFlooring SoakingTub WalltoWallCarpet WasherDryer
Basement None
Total Fireplaces 1
Fireplace Features WoodBurning
Hot Water Other
Total Stories 4
Window Features AluminumFrames DoublePaneWindows
Total Bathrooms 3.0
Unit Location UpperFloor
Total Bedrooms 3
Total Baths 3
1/2 Baths 0
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General
Sewer PublicSewer
Heating HotWater
Cooling None
Roof Metal
Appliances Dishwasher Disposal FreeStandingGasRange FreeStandingRange FreeStandingRefrigerator InductionCooktop Microwave Pantry Quartz SolidSurfaceCountertop
HOA Fee 1221.0
Garage Spaces 0
Architectural Style Chalet Lodge
Security Features Entry LimitedAccess SecurityLights
Year Built 1981
Stories Count 1
Unit Number 101
Property Subtype Condominium
Tax Year 2025
Parcel Number 00989185
HOA Fee 2 250.0
Assoc Fee Paid Per Monthly
County Clackamas
Property Type Residential
Association Amenities CableTV HotWater Insurance Internet Management MeetingRoom PartyRoom Pool RoadMaintenance SnowRemoval Trash Water
HOA Y
Subdivision Name GOVERNMENT CAMP
Full Baths 3
Status Active
Directions US 26 to Govt. Camp Loop to Thunderhead Lodge N side of Loop
High School Sandy
City GovernmentCamp
Disclosures Disclosure
MLS Area _153
Listing Terms Cash Conventional
HOA Fee 2 Frequency OneTime
Elementary School Welches
Tax Annual Amount 3872.86
Middle/Junior High School Welches
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=5yJx82horzU&mls=1
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 2596 THUNDERHEAD LODGE CONDOS UNIT 101
ADU False
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Exterior
Lot Features GentleSloping Level PublicRoad
Water Source Private Well
Total Parking 0
Exterior Description Stone VinylSiding
Foundation Details Slab
Building Area Total 1890.0
Road Surface Type Concrete Gravel
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Internal Only
Street Number 1 87557
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* Excluded Features
List By
Redfin

Broker

ashley.troy@redfin.com

Email

Affordability Calculator

$5,361
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,039
Monthly Property Taxes
$323
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949236 Elementary School
1950760 Middle School
Sandy High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$798,000 Listed Price

Map


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87557 E GOVERNMENT CAMP LOOP # 101, Government Camp, OR, 97028 is a Condo for sale at $798,000 with 1,890 sqft. 87557 E GOVERNMENT CAMP LOOP # 101 has 3 bedrooms, 3.0 baths, and was built in 1981. The property's zip code is 97028 which is in Government Camp, OR