It's the view from a mountain ledge road looking back towards the small town of Mazama. (If you click on the link, it'll show a contour map of the area. Look for the road NF-5400000 in the center. I snapped this picture right before the first switchback - around 2800 ft.) I think technically this is a view of the Lost River Valley.
There's a bit more to say about this crazy mountain road, but I'll have to write about it when I have a bit more time.