$768,000
 $4,123 est/mo Sourced by Back At You

87557 E Government Camp Loop 101,GovernmentCamp, OR 97028

GovernmentCamp, OR 97028

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Description

-Furnished/Immediate Rental Income(except heirlooms)-MOTIVATED SELLERS; don't miss the busiest and most profitable winter rental season in MT HOOD: OCT-MARCH.ONLY condo in Govy you can Ski to your back slider ONLY condo in Government Camp with 6 private parking spaces- ONLY condo in Government Camp that includes your HEATING Bill with HOA dues- ONLY condo in Government Camp with downstairs/ separate Owner's storage for access to your ski gear year round- ONLY condo in Government Camp with ski fence! Welcome to your dream mountain retreat in the heart of Government Camp. Thunderhead Lodge is best known as the converted lower terminal of the historic Mt. Hood Aerial Skiway. This stunning 3-bedroom, 3-bathroom condo is 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 replace honor that storied past. The brand new kitchen features all new appliances, cabinets, a beautiful matte black quartz counter at the large eating bar, owing 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 FULLY furnished vacation rental for buyers seeking immediate returns. 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. Combined with low property taxes, your cost of ownership stays remarkably manageable. Just moments from world-class skiing at Mt. Hood Skibowl, Meadows, with the legendary Timberline Lodge a short drive away.

Details

MLS #480779927
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,221
Sub-TypeResale
StatusActive
Year1981
Days On Site100
Listing Provided ByRedfin | Ashley Troy

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,890
PoolYes
Story(s)1
Property ViewTreesWoods

Interior

HeatingHot Water
Heating YnYes
CoolingNone
Cooling YnNo
Interior FeaturesFurnished, High Ceilings, High Speed Internet, Laminate Flooring, Laundry, Slate Flooring, Soaking Tub, Wallto Wall Carpet, Washer Dryer
Window FeaturesAluminum Frames, Double Pane Windows
AppliancesDishwasher, Disposal, Free Standing Gas Range, Free Standing Range, Free Standing Refrigerator, Induction Cooktop, Microwave, Pantry, Quartz, Solid Surface Countertop

Exterior

RoofMetal
Security FeaturesEntry, Limited Access, Security Lights
Foundation DetailsSlab
Lot FeaturesGentle Sloping, Level, Public Road

Parking

Attached Garage YnNo

Taxes

Property3872

Area Information

StateOR
CountyClackamas
CityGovernmentCamp
Zip Code97028
Community NameGOVERNMENT CAMP
School DistrictSandy
Elementary SchoolWelches
High SchoolSandy
Listing VS Median (in GOVERNMENT CAMP)
Price:
$768,000
low | high
Med:
$1,050,000
13.28125% of Average
sqft:
1,890
low | high
Med:
1,852
52.010582010582% of Average
$ / sqft:
$406
low | high
Med:
$567
10.476005669546% of Average
On site:
100
low | high
Med:
149
67.114093959732% of Average
Sourced by Back At You

Market Activity 97028

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Learn More About This Property

StateOR
CountyClackamas
CityGovernmentCamp
Zip Code97028
Community NameGOVERNMENT CAMP
School DistrictSandy
Elementary SchoolWelches
High SchoolSandy
Listing VS Median (in GOVERNMENT CAMP)
Price:
$768,000
low | high
Med:
$1,050,000
13.28125% of Average
sqft:
1,890
low | high
Med:
1,852
52.010582010582% of Average
$ / sqft:
$406
low | high
Med:
$567
10.476005669546% of Average
On site:
100
low | high
Med:
149
67.114093959732% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $576K - $960K
sqft: 1,000 - 2,000
Listing Updated: September 1, 2026 at 12:13:17 PM PDT