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$798,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,890 Sq. Ft.
  • Updated 2 days ago
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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 wraparound 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!

Full Property Details for 87557 E Government Camp Loop #101

General

  • Price: $798,000
  • HOA FEE: $1,221/month
  • Taxes: $3,872 (2025)
  • Status: Active
  • Type: Condo
  • Source: RWMLS
  • MLS ID: 480779927
  • Updated: 6/11/2026
  • Added to Site: 4 day(s) ago

Interior

  • Interior Features: Furnished, High Ceilings, High Speed Internet, Laminate Flooring, Laundry, Slate Flooring, Soaking Tub, Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, Induction Cooktop, Microwave, Pantry, Quartz, Solid Surface Countertop

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main - Full Baths: 3

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 19 x 11, Main, 209 Sq. Ft.
  • Bedroom 2: 9 x 19, Main, 171 Sq. Ft.
  • Bedroom 3: 9 x 14, Main, 126 Sq. Ft.

Other Rooms

  • Living Room: 20 x 18, Main, 360 Sq. Ft.
  • Family Room: Main
  • Kitchen: Main
  • Dining Room: Main
  • Mud Room: Main

Additional Information

  • Shared Amenities: Cable TV, Hot Water, Insurance, Internet, Management, Meeting Room, Party Room, Pool, Road Maintenance, Snow Removal, Trash, Water
  • Security/Safety: Entry, Limited Access, Security Lights

Location

  • County: Clackamas
  • Subdivision: GOVERNMENT CAMP
  • Driving Directions: US 26 to Govt. Camp Loop to Thunderhead Lodge N side of Loop

School Information

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

Community

  • Community Name: 153 - Mt Hood: Welches, Rhod., Wemme, ZigZag, Brightwd
  • Association: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Geothermal

Utilities

  • Sewer: Public Sewer
  • Water: Private, Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Architectural Style: Chalet, Lodge
  • Basement Desc.: None
  • Roof: Metal
  • Windows: Aluminum Frames, Double Pane Windows
  • Stories/Levels: 1
  • Square Feet: 1,890
  • Year Built: 1981
  • Property Condition: Resale

Lot Features

  • Frontage: Concrete, Gravel
  • Lot Features: Gentle Sloping, Level, Public Road

Financial Considerations

  • Association Fee: $1,221
  • Assoc Fee Freq.: Monthly
  • Other Assoc Fees: $250
  • Tax Amount: $3,872.86
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 2596 THUNDERHEAD LODGE CONDOS UNIT 101
  • Disclosures/Reports: Disclosure
  • Property ID: 989185

Listed by Redfin (503) 496-7620, Ashley Troy (503) 679-1482

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Listing agent

— 87557 E Government Camp Loop #101 —

  • Ashley Troy

    Redfin

    503-496-7620

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 87557 E Government Camp Loop #101

School District:Oregon Trail School District 46
NameGradesDistance
Welches Elementary School
24901 E Salmon River Rd, Mount Hood Village, OR 97067
K-89.3 mi
Sandy High School
37400 Bell Street, Sandy, OR 97055
9-1226 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 87557 E Government Camp Loop #101 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/11/2026
Listed
$798,000
153.33%
MLS
11/27/2018
Sold
$315,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 87557 E Government Camp Loop #101

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,873
10%
$245,005
3%
2024
$3,517
3%
$237,869
3%
2023
$3,426
6%
$230,941
6%
2021
$3,217
-4%
$217,685
-3%
2022
$3,334
4%
$224,215
6%
2021
$3,217
3%
$211,345
3%
2019
$3,109
5%
$205,190
3%
2018
$2,973
2%
$199,214
3%
2017
$2,904
4%
$193,412
3%
2016
$2,799
4%
$187,779
3%
2015
$2,704
2%
$182,310
3%
2014
$2,652
4%
$177,000
3%
2013
$2,543
—
$171,845
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Redfin (503) 496-7620, Ashley Troy (503) 679-1482

Recent Sales near 87557 E Government Camp Loop #101

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87858 E Creek Ridge Rd, Government Camp, OR 97028 - Photo 1 Sold
$710,000

87858 E Creek Ridge Rd  Government Camp, OR 97028

  • Townhouse
  • Sold
  • Updated 11 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,240
    Sq. Ft.
Listed by Living Room Realty, Erika George and Living Room Realty, Amy Fawcett
Sold by Premiere Property Group LLC, Liz Warren
30654 E Ski Bowl Way, Government Camp, OR 97028 - Photo 1 Sold
$682,075

30654 E Ski Bowl Way  #H-138  Government Camp, OR 97028

  • Townhouse
  • Sold
  • 2
    Beds
  • 2
    Total Baths
  • 1,240
    Sq. Ft.
Listed by Keller Williams Realty Professionals, Zachary Eaton
Sold by Non Rmls Broker, OR and WA Non Rmls
31060 E Bergstrasse Rd, Government Camp, OR 97028 - Photo 1 Sold
$765,000

31060 E Bergstrasse Rd  Government Camp, OR 97028

  • Single Family
  • Sold
  • 7
    Beds
  • 2
    Total Baths
  • 1,688
    Sq. Ft.
Listed by Don Nunamaker, Maggie Bouvard
Sold by Premiere Property Group LLC, Monique Farinha
59660 E Marmot Rd, Sandy, OR 97055 - Photo 1 Sold
$800,000

59660 E Marmot Rd  Sandy, OR 97055

  • Single Family
  • Sold
  • 3
    Beds
  • 2
    Total Baths
  • 1,904
    Sq. Ft.
Listed by Premiere Property Group LLC, Becca Kolibaba
Sold by Windermere Happy Valley, Virginia Getz

87557 E Government Camp Loop #101, Government Camp, OR 97028 (MLS# 480779927) is a Condo property with 3 bedrooms and 3 full bathrooms. 87557 E Government Camp Loop #101 is currently listed for $798,000 and was received on June 11, 2026. Want to learn more about 87557 E Government Camp Loop #101? Do you have questions about finding other Condo real estate for sale in Government Camp? You can browse all Government Camp real estate or contact a Coldwell Banker agent to request more information.

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