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87557 E Government Camp Loop, Unit 101, Government Camp, OR 97028

$798,000
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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!

87557 E Government Camp Loop, Unit 101 | MLS# 480779927

This condo located at 87557 E Government Camp Loop, Unit 101, Government Camp, OR 97028 is currently listed for sale with an asking price of $798,000. This property was built in 1981 and has 3 bedrooms and 3 full baths with 1890 sq. ft. E Government Camp Loop, Unit 101 is located in the GOVERNMENT CAMP subdivision. Search GOVERNMENT CAMP real estate on jayneebeck.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: None
Fireplaces: 1
Fuel Type: Geothermal
Heating: Hot Water
Home Style: Chalet, Lodge
Roof Type: Metal
Stories: 1.0
Taxes: $3,873
Year Built: 1981
Square Feet: 1,890

Feature Descriptions

Bathroom: 3.0 (Main)
Days on Site: 2
Exterior: Stone, Vinyl Siding
Fireplace: Wood Burning
HOA Fee: Fee 1 - $1221.00 (Monthly), Fee 2 - $250.00 (OneTime)
Hot Water: Other
Interior: Furnished, High Ceilings, High Speed Internet, Laminate Flooring, Laundry, Slate Flooring, Soaking Tub, Wall to Wall Carpet, Washer-Dryer
Kitchen: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Range, Free-Standing Refrigerator, InductionCooktop, Microwave, Pantry, Quartz, SolidSurfaceCountertop
Lot: Gentle Sloping, Level, Public Road
Sewer: Public Sewer
Special View Info: Trees/Woods
Square Footage: 1890 (Main)
Unit Location: UpperFloor
Water: Private, Well

Room Sizes

2nd Bedroom: 9 X 19 Level - Main
3rd Bedroom: 9 X 14 Level - Main
Living Room: 20 X 18 Level - Main
Primary Bedroom: 19 X 11 Level - Main

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Redfin
Agency Phone: 503-496-7620

Shown By

Agent Name: Jaynee Beck, Principal Broker
Agent Phone: (541) 480-0988
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,590.62 per month $4,035.12 Principal & Interest $322.75 Property Tax $232.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/15/2026. The listing information on this page last changed on 06/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/15/2026 12:11:32 AM EST) or RMLS (last updated Sat 06/13/2026 1:50:21 AM EST) or COAR/MLSCO (last updated Mon 06/15/2026 12:01:20 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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