Fanton Plaza Trail is a 11 mile loop trail located near Estacada, OR that offers scenic views. The trail is rated as difficult and primarily used for hiking.
I am not sure this trail is labeled correctly. There is a trail labeled Fanton trail (#505) on the forest service website ( http://www.fs.usda.gov/activity/mthood/recreation/hiking/?recid=52770&actid=50) and one labeled plaza trail (#783). I may be wrong but wanted to put that out there before someone heads to the wrong trail. And if you want to loop you need to take Old Baldy trail (#502) from Fanton trail for what looks like .6 miles and then turn onto what looks like Forest Service Road 4614 to complete the "loop." From what I can tell you never actually touch plaza trail if you complete this hike.
Still snow in areas on the trail today and we were not able to make it to the the old Squaw Mt fire lookout due to the depth of snow but we were able to summit approx 1/4 mi away by bushwacking. First in this year obviously due to snow pack. Will definitely do this trail as the snow clears. The views from the top are amazing. Four major mountains in one view. Hood, St Helens, Adams and Ranier from the rock outcropping 1/4 mi North of the lookout.