Inside the ultra-rich red mountain of Aspen, nicknamed the billionaire’s mountain


And the region is only getting richer. The average home sold for $ 11.4 million in 2020, up from $ 6.4 million in 2019, according to Aspen Daily News.

Two homes overlooking Aspen, Colorado.

Monica Humphries / Insider



Source: Aspen Daily News

One of the most popular places to buy property in Aspen is on Red Mountain, an area overlooking downtown Aspen.

Red Mountain in Aspen, Colorado.

Red Mountain in Aspen, Colorado.

Monica Humphries / Insider



The neighborhood attracts so many ultra-wealthy residents that it has earned the nickname “Billionaire Mountain”.

Homes on Red Mountain, nicknamed Billionaire Mountain, in Aspen, Colorado.

A street sign on Red Mountain Road.

Monica Humphries / Insider



Some of the richest families in the world own property in Red Mountain, from Walmart heiress Ann Walton to the Bezos family.

Walmart heiress Ann Walton Kroenke, left;  Jeff Bezos, right.

Walmart heiress Ann Walton Kroenke, left; Jeff Bezos, right.

IAN WALTON / Reuters / Katherine Taylor / Reuters


Source: insider, Forbes

I climbed the mountain to see what top-notch real estate looks like in the country’s richest ski town. I also got a glimpse of some of Aspen’s most exclusive properties currently on the market.

Homes on Red Mountain, nicknamed Billionaire Mountain, in Aspen, Colorado.

The author in front of a Red Mountain Road sign.

Monica Humphries / Insider



The Red Mountain base is less than a five-minute drive from Aspen Main Street.

Aspen, Colorado

Christmas lights in Aspen, Colorado.

Monica Humphries / Insider




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