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

The caption will look like this.

A real estate broker gives a tour of a $27,750,000 apartment in New York City.

Some of Aspen's wealthiest residents are on Red Mountain Road.

Some of the ski town's most sought-after real estate is located at Red Mountain.

The neighborhood has so many rich residents that it's been dubbed "Billionaire Mountain".

I can see why the mountain has a nickname.

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

Skiers are walking up to Aspen Mountain.

The source is Savills.

Aspen is the most expensive ski town in America. There are some things that surprised me.

The region is getting richer. In 2020, the average home sold for $11.4 million, up from $6.4 million in 2019.

Two homes overlook Aspen, Colorado.

The Aspen Daily News is a source.

Red Mountain is one of the hottest places to buy property in Aspen.

Monica is in Aspen, Colorado.

The neighborhood has earned the nickname "Billionaire Mountain" because of the number of rich residents.

A street sign on a road.

The Bezos family owns property on Red Mountain, as does Walmart heiress Ann Walton.

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

Insider is a part of Forbes.

I drove up the mountain to see what the real estate was like in the richest ski town in the country. I got to see some of Aspen's most exclusive properties that are currently on the market.

The author is in front of a sign.

The base of Red Mountain is close to the main street of Aspen.

The holiday lights are in Aspen, Colorado.

The most sought-after street in Aspen is at the bottom of Red Mountain, according to real estate agents Doug Leibinger andHeidi Houston.

Monica Humphries has a street sign.

Leibinger told me that most people think it's the Rodeo Drive, the Park Avenue, and the address in Aspen. It's a pretty coveted address.

Monica Humphries has a picture of the entrance to Willoughby Way.

Leibinger said that almost every homeowner on the street has at least two to five properties around the world. Most of the people that are here have a house in the Hamptons. They also have something in Miami and St. Barts.

Monica Humphries has a home on Willoughby Way.

Leibinger said that the homes higher on Red Mountain are sometimes bigger and more expensive, but that they appeal to potential buyers because of their unique set of factors.

Monica Humphries is the owner of the last home on Willoughby Way.

The street is close to the center of Aspen and still has amazing views of the mountains.

Monica Humphries has a view of Aspen Mountain.

There is only one home for sale on the road. Leibinger thinks it won't be on the market for long.

There is a home for sale on Willoughby Way in Aspen.

The source is the Compass.

The home is 6,130 square feet and has five bedrooms.

Monica Humphries has a picture of the view from Aspen, Colorado.

The source is the Compass.

It's filled with warm woods, floor-to-ceiling windows with mountain views, and a stunning fireplace, all elements I expected in a ski-town mansion.

Monica Humphries has a picture of the interior of the building.

The source is the Compass.

I explored the rest of the street after touring the $27 million home. I was expecting a rich ski town with a lot of styles and designs, but other homes on the road embraced a variety of styles and designs.

Monica Humphries has a home on Willoughby Way.

Some homes were visible from the road, but most had private gates and trees for added privacy.

Many homes on Red Mountain have privacy gates.

The largest sale in Aspen's history was passed by me. The founder and CEO of the waste management company Green for Life Environmental purchased a home in June.

The exterior of a building.

The Aspen Daily News is a source.

As I drove back toward Red Mountain Road, I saw the views of Aspen and the trails from the ski slopes.

Monica Humphries has a view from Willoughby Way.

I crawled up the mountain after hanging a left.

The road goes up the side of the mountain.

The homes were tucked into the mountain. Private drives jutted into the forest, preventing anyone from seeing the million-dollar homes.

A driveway on Red Mountain Road.

Many of the homes were reported to be owned by billionaires like William Wrigley Jr. and Neil Bluhm.

The view of Red Mountain from the police department building.

Forbes.

One of the most popular names is Bezos. According to Forbes, Bezos' parents own a home on Red Mountain that is valued at $20 million.

Jeff Bezos, left, and his family are pictured.

Forbes.

Forbes reported that Michael Dell's parents own a $10.5-million home in the neighborhood.

The Economic Club of New York hosted Michael Dell.

Forbes.

I was given access to a private drive leading to one of Red Mountain's most lavish mansions, despite not seeing Bezos or any other billionaire.

A private road leading up to The Peak House Estate.

Houston took me to The Peak House Estate. It is one of the most expensive homes in Aspen with a listing price of $44.5 million.

The Peak House Estate has an exterior shot.

The source is the Compass.

It's a seven-bedroom mansion with European design.

The Peak House Estate has an interior.

The source is the Compass.

The home had an indoor pool, a 12-car garage, and a large yard.

The Peak House Estate has an indoor pool.

Houston casually mentioned the names of other billionaires on Red Mountain.

The upper section of Red Mountain has three homes.

She pointed to a plot of land and said that it was a mansion that belonged to the founder of L Brands, the company that owns brands like Victoria's Secret and Express.

Houston said that the property on Red Mountain is not visible from the road.

The media mogul bought a contemporary mansion for $27 million in 2020.

Monica Humphries is a reporter for Insider.

Mansion Global

The list continues. It's clear how the neighborhood earned its nickname of "Billionaire Mountain" after seeing the properties on Red Mountain.

Monica is in Aspen, Colorado.

The original article is on Insider.

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