87557 E GOVERNMENT CAMP LOOP #101, Government Camp, OR 97028
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87557 E GOVERNMENT CAMP LOOP #101, Government Camp, OR 97028,Video Tour
87557 E GOVERNMENT CAMP LOOP #101, Government Camp, OR 97028
87557 E GOVERNMENT CAMP LOOP #101, Government Camp, OR 97028
87557 E GOVERNMENT CAMP LOOP #101, Government Camp, OR 97028
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Listed by Redfin
$ 798,000
Est. payment /mo
Open Sun 11AM-1PM

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

3 Beds

3 Baths

1,890 SqFt


Open House

Sun Jun 14, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,890 sqft

Price per Sqft $422

Subdivision Government Camp

MLS Listing ID 480779927

Style Chalet, Lodge

Bedrooms 3

Full Baths 3

HOA Fees $1,221/mo

HOA Y/N Yes

Year Built 1981

Annual Tax Amount $3,872

Tax Year 2025

Property Sub-Type Condominium

Property 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 — 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!

Location

State OR

County Clackamas

Area _153

Rooms

Basement None

Interior

Interior Features Furnished, High Ceilings, High Speed Internet, Laminate Flooring, Laundry, Slate Flooring, Soaking Tub, Wallto Wall Carpet, Washer Dryer

Heating Hot Water

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Induction Cooktop, Microwave, Pantry, Quartz, Solid Surface Countertop

Exterior

View Trees Woods

Roof Type Metal

Garage No

Building

Lot Description Gentle Sloping, Level, Public Road

Story 1

Foundation Slab

Sewer Public Sewer

Water Private, Well

Level or Stories 1

Schools

Elementary Schools Welches

Middle Schools Welches

High Schools Sandy

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=5yJx82horzU&mls=1


Regional Multiple Listing Service (RMLS)
Bob Kalstad

Bob Kalstad

Broker | License ID: 861100036

+1(541) 915-5822

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87557 E GOVERNMENT CAMP LOOP #101