I went inside million-dollar homes on Aspen’s ‘Billionaire Mountain,’ a residential enclave for the ultra rich


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The author drove along Red Mountain Road, which is home to some of Aspen’s wealthiest residents.Monica Humphries/Insider

  • Red Mountain in Aspen, Colorado, is home to some of the ski town’s most sought-after real estate.

  • The neighborhood attracts so many ultra-rich residents that it’s been dubbed “Billionaire Mountain.”

  • After touring two homes here, I can clearly see why the mountain has the nickname.

When it comes to ski town real estate, Aspen, Colorado, is as expensive as it gets. It has the highest asking price per square foot in the US at $2,378 a square foot, according to a 2020 Savills report.

Skiers walking up to Aspen Mountain in Aspen, Colorado.

Skiers walking up to Aspen Mountain in Aspen, Colorado.Monica Humphries/Insider

Source: Savills

Read more: I visited Aspen, the most expensive ski town in America, for the first time. Here are 12 things that surprised me.

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.

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

Two homes overlooking Aspen, Colorado.Monica Humphries/Insider

Source: Aspen Daily News

One of the hottest places to buy property in Aspen is on Red Mountain, a neighborhood 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’s 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 world’s richest families own property on 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 drove up the mountain to see what prime real estate looks like in the country’s richest ski town. I also got a sneak peek into 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 street sign.Monica Humphries/Insider

The base of Red Mountain is less than a five-minute drive from Aspen’s main…



Source : yahoo


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