87557 E GOVERNMENT CAMP LOOP #101, Government Camp, OR 97028 | MLS #480779927 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Redfin- MLS# 480779927MLS Provider

87557 E GOVERNMENT CAMP LOOP #101Government Camp, OR 97028

Condo · 3 Beds · 3 Full Baths · 1,890 Sq. ft.
$798,000 Active

87557 E GOVERNMENT CAMP LOOP #101 Overview

Time on Site:
18 days
Visits:
0

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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87557 E GOVERNMENT CAMP LOOP #101 Facts & Features

  • Type Condo
  • Sq. ft. 1,890
  • Price/Sq.ft. $422

Details

General

Association/HOA

  • Association Amenities: Cable TV,Hot Water,Insurance,Internet,Management,Meeting Room,Party Room,Pool,Road Maintenance,Snow Removal,Trash,Water
  • Association Fee: 1221.0
  • Association Fee 2: 250.0
  • Association Fee 2 Frequency: OneTime
  • Association Fee Frequency: Monthly

School Information

  • Elementary School: Welches
  • Middle Or Junior School: Welches
  • High School: Sandy

Building Information

  • Year Built: 1981

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 153 - Mt Hood: Welches, Rhod., Wemme, ZigZag, Brightwd
  • Subdivision Name: GOVERNMENT CAMP

Tax Information

  • Tax Annual Amount: 3872.86
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 00989185
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1890.0

General Information

  • Appliances: Dishwasher,Disposal,Free-Standing Gas Range,Free-Standing Range,Free-Standing Refrigerator,Induction Cooktop,Microwave,Pantry,Quartz,Solid Surface Countertop
  • Basement: None
  • Cooling: None
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Foundation Details: Slab
  • Heating: Hot Water
  • Interior Features: Furnished,High Ceilings,High Speed Internet,Laminate Flooring,Laundry,Slate Flooring,Soaking Tub,Wall to Wall Carpet,Washer/Dryer
  • Security Features: Entry,Limited Access,Security Lights
  • Stories: 1
  • Stories Total: 4
  • Window Features: Aluminum Frames,Double Pane Windows

Unit Information

  • Unit Number: 101

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Gentle Sloping,Level,Public Road
  • Road Surface Type: Concrete,Gravel
  • Water Source: Private,Well

Building Exterior/Construction

  • Architectural Style: Chalet,Lodge
  • Roof: Metal

General Information

  • Sewer: Public Sewer

87557 E GOVERNMENT CAMP LOOP #101 Neighborhood

Community

97028 (Government Camp) Demographics

74
Median Age
4
Population Density (per sq. mile)
62%
College Educated
$63,807
Estimated Median Income
98
Estimated Total Home Owners
29
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

87557 E GOVERNMENT CAMP LOOP #101 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

87557 E GOVERNMENT CAMP LOOP #101 Market Data

Based on the last 30 days in this zip code

$875,216
Average List Price
$569
Average Price per Square Foot
1
Properties Sold
192
Average Days on Market
18
Properties for Sale
Calculations provided by Reliance Network

87557 E GOVERNMENT CAMP LOOP #101 History

Date Event Value Agent
6/11/2026Source: Regional MLS Added to Database
June 11, 2026