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!