87557 Government Camp Loop, Unit 101

Government Camp, OR 97028

$798,000
Price
3
Beds
1,890 Sq. Ft.
$422 / Sq. Ft.
1,890
Sq. Ft.
$422
per Sq. Ft.
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Description

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...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!
  1. Listed by Ashley Troy • Redfin

Property Details for 87557 Government Camp Loop, Unit 101

Style
Chalet, Lodge
Subdivision
GOVERNMENT CAMP
View
Trees Woods
Garage Spaces
.00
Parking Total
.00
LISTING UPDATED: 06/15/2026 12:00 PM

Property Details for 87557 Government Camp Loop, Unit 101

StatusActive
MLS #480779927
Days on Market9
Pet Policy-
Taxes$3,873 / year
HOA Fees$1,221 / month
Condo/Co-op Fees$250
Property TypeCondo
MLS TypeResidential / Condominium
Year Built1981
CountyClackamas County
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Location

Listing Courtesy of Redfin
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Building Information for 87557 Government Camp Loop, Unit 101

Building/Complex87557 Government Camp LoopFloor1Stories1Residences-Pet Policy-Pet Policy Details-Year Built1981

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$5,770 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,977

Property Taxes

$323

HOA Dues

$1,471

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Property Information for 87557 Government Camp Loop, Unit 101

Summary
Location and General Information
  • Country: US
  • Directions: US 26 to Govt. Camp Loop to Thunderhead Lodge N side of Loop
  • Road Surface: Concrete, Gravel
  • Unit Location: Upper Floor
School Information
  • Elementary School: Welches
  • High School: Sandy
  • Middle Or Junior School: Welches
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $3,872.86
  • Parcel Number: 00989185
  • Association Fee: $1,221.00
  • Association Fee Frequency: Monthly
  • Other Fee: $250
  • Association Other Fee Frequency: One Time
  • Tax Legal Description: 2596 THUNDERHEAD LODGE CONDOS UNIT 101
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Property
Lot Information
  • Lot Description: Gentle Sloping, Level, Public Road
  • SqFt Source: tax
Property and Assessments
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Water Description: Private, Well
  • Property Condition: Resale
  • Year Built: 1981
Utilities
  • Cooling Description: None
  • Fuel Description: Geothermal
  • Heating Description: Hot Water
  • Hot Water Description: Other
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stone, Vinyl Siding
  • Roof Type: Metal
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Window Features: Aluminum Frames, Double Pane Windows
  • Fireplace Description: Wood Burning
  • Fireplaces Total: 1
  • Interior Features: Furnished, High Ceilings, High Speed Internet, Laminate Flooring, Laundry, Slate Flooring, Soaking Tub, Wallto Wall Carpet, Washer Dryer
  • SqFt Calculated: 1890
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 1890
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 3
  • Stories: 1
  • Baths Total: 3.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Additional Features: Closet, Suite, Wallto Wall Carpet
  • Primary Bedroom Level: Main
  • Primary Bedroom SqFt: 209
  • Primary Bedroom Length: 19
  • Primary Bedroom Width: 11
Bedroom 2
  • Room Description: _2nd Bedroom
  • Bedroom 2 Length: 9
  • Bedroom 2 Width: 19
  • Bedroom 2 Level: Main
  • Bedroom 2 SqFt: 171
  • 2nd Bedroom Additional Features: Closet, Wallto Wall Carpet
Bedroom 3
  • Room Description: _3rd Bedroom
  • Bedroom 3 Length: 9
  • Bedroom 3 Width: 14
  • Bedroom 3 Level: Main
  • Bedroom 3 SqFt: 126
  • 3rd Bedroom Additional Features: Closet, Wallto Wall Carpet
Dining Room
  • Room Description: Dining Room
  • Dining Room Features: Beamed Ceilings, Deck, Great Room, Sliding Doors
  • Dining Room Level: Main
Family Room
  • Room Description: Family Room
  • Family Room Level: Main
Kitchen
  • Room Description: Kitchen
  • Kitchen Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Induction Cooktop, Microwave, Pantry, Quartz, Solid Surface Countertop
  • Kitchen Room Features: Beamed Ceilings, Dishwasher, Disposal, Eat Bar, Microwave
  • Kitchen Room Additional Features: Laminate Flooring
  • Kitchen Room Level: Main
Living Room
  • Room Description: Living Room
  • Living Room Features: Beamed Ceilings, Fireplace, Great Room
  • Living Room Length: 20
  • Living Room Width: 18
  • Living Room Level: Main
  • Living Room SqFt: 360
Baths
  • Baths Lower Level Full: 0
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 0.0
  • Baths Main Level Full: 3
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 3.0
  • Bathrooms Full: 3
  • Baths Partial: 0
  • Total Bathrooms: 3
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Additional Room 1
  • Additional Room 1 Description: Utility Room
  • Additional Room 1 Level: Main
Additional Room 2
  • Additional Room 2 Description: Mud Room
  • Additional Room 2 Level: Main
Additional Room 4
  • Additional Room 4 Additional Features: Washer Dryer
Additional Room 5
  • Additional Room 5 Additional Features: Laminate Flooring
Condominium
Condominium Information
  • Condo Deck Dimensions: unsure
  • Condo Deck Sqft: 100
  • Condo Floor Plan: One Level
  • Condo Garage Type: None
  • Condo Storage Unit No: 101
  • Condo Unit Level: 4
  • Condo Units In Complex: 11
  • Condo Washer Dryer: Included In Unit
  • Condo Total Levels: 4
Amenities
Amenities Information
  • Association Amenities: Cable TV, Hot Water, Insurance, Internet, Management, Meeting Room, Party Room, Pool, Road Maintenance, Snow Removal, Trash, Water
Multi Family
Multi-Family Information
  • Security Features: Entry, Limited Access, Security Lights
  • SqFt Approximate Building Total: 1890

Public Records for 87557 Government Camp Loop, Unit 101

Taxable ValueLand-Additions-Total-
Tax Record2020$3,130 ($261 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,899 SqFtAbove Grade Finished SqFt1,899 SqFtLot Size388 SqFtStyleCondominiumYear Built1981ZoningHRCountyCLACKAMASAPN00989185Fireplace TypeSingle

Schools near 87557 Government Camp Loop, Unit 101

This home is within Oregon Trail School District 46.
Rating
School
Type
Grades
Distance
Welches Elementary School
Public - K to 5
Welches Middle School
Public - 6 to 8
Sandy High School
Public - 9 to 12
Cottrell Elementary School
Public - K to 5
Rating
School
Distance
Welches Elementary School
PublicK to 5

Welches Middle School
Public6 to 8

Sandy High School
Public9 to 12

Cottrell Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 87557 Government Camp Loop, Unit 101, Government Camp, OR 97028

87557 Government Camp Loop, Unit 101 is a condo for sale in Government Camp, OR 97028. This property was listed for sale on June 11, 2026 by Redfin, it's currently listed at $798,000. This listing's school district is Oregon Trail School District 46. Nearby schools include Welches Elementary School, Welches Middle School and Sandy High School. 87557 Government Camp Loop, Unit 101 is a 3-bed, 3-bath, 1,890 sqft condo built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 06/15/2026 12:00 PM