
Colorado’s luxury housing market continues to redefine what it means to live in the mountains. Across the state, high-elevation architecture has moved well beyond rustic lodge aesthetics, giving way to steel-framed compounds, glass-wrapped river estates, and multigenerational retreats set deep in the wilderness. From Telluride to Vail, and Breckenridge to Boulder, Colorado’s real estate spectrum is as varied as its topography.
In this roundup, we focus on five of the state’s most expensive listings—all located in and around Aspen. These properties reflect a region where design ambition meets alpine terrain, where privacy, scale, and views command the upper end of the market. Whether you’re drawn to riverside minimalism, classic mountain grandeur, or contemporary compounds nestled just outside downtown, this selection offers a glimpse into what top-tier living looks like in Colorado’s central Rockies.
Each home is singular in style and setting, yet all are united by a shared premise: unmatched access to landscape, light, and lasting value in one of the most visually dramatic corners of the American West.
5. Willoughby Way, CO – $54,900,000

Perched on Red Mountain along Willoughby Way, this 9,170 square feet estate features 6 bedrooms and 8 bathrooms and is offered at $54,900,000. Built in 1984, the home includes a separate full apartment, three-car garage, and a floor plan where all living space is above grade.
Designed by Charles Cunniffe Architects, the property includes expansive living areas, private patios, a gazebo, mature landscaping, a pond, and a stream. The site offers unobstructed views of Aspen Mountain, Highlands, and the Elk Mountain Range, all within close reach of Aspen’s core amenities.
Where is Willoughby Way in Aspen?

Willoughby Way is a residential street located in the Red Mountain neighborhood of Aspen, Colorado. It runs along the lower slopes of Red Mountain, northwest of downtown, and offers direct views of Aspen Mountain and surrounding ski areas.
This street is known for its luxury estates, gated properties, and expansive landscapes. Willoughby Way combines privacy and proximity, with quick access to Aspen’s downtown core and recreational amenities.
Living Room

At the heart of the main floor, the living room features a floor-to-ceiling stone fireplace, large windows with wooded views, and neutral-toned seating arranged for conversation. Built-in shelves line the far wall with books and collected decor. Wood accents and soft lighting highlight the coffered ceiling above.
Dining Room

Positioned beside the living room, the dining area includes a long wood table with ten upholstered chairs set over a circular patterned rug. A statement light fixture with square amber bulbs hangs above, complementing the shelving and display wall in back. Open wood paneling separates the space while maintaining sightlines between rooms.
Kitchen

Extending from the common areas, the kitchen includes dual islands—one with a wood countertop and one with blue-veined stone—beneath a pot rack suspended from a detailed ceiling grid. Stainless appliances and white cabinetry line the walls, with ample workspace throughout. Arched windows and natural light connect the space to its surroundings.
Bedroom

Tucked in a private wing, the bedroom includes vaulted wood ceilings, a fireplace with a vibrant art piece above, and large windows opening to a mountain view. A reading bench and corner window seat add functional lounging options. Neutral colors and warm wood tones maintain continuity with the rest of the home.
Bathroom

Just beyond the bedroom, the bathroom features a double vanity with wood cabinetry and granite counters, a large soaking tub beneath an arched window, and a center bench on a floral rug. Skylights and vaulted ceilings open the room overhead. Earth-toned tile and mirrored walls enhance the natural lighting.
Listing agent: Lex Tarumianz of Aspen Snowmass Sotheby’S International Realty – Hyman Mall, info provided by Coldwell Banker Realty
4. West Aspen, CO – $58,500,000

Kiva House stands along the Roaring Fork River with 100 feet of frontage, offering 5 bedrooms and 7 bathrooms across 9,737 square feet on three-quarters of an acre. Built in 2017, the steel-and-concrete structure includes polished concrete floors, a game room, dual offices, a gym, butler’s kitchen, and a custom stainless steel hot tub.
Floor-to-ceiling glass ranging from 9 to 22 feet frames expansive river views, while a private island is accessed by a steel, concrete, and cedar bridge. Located just 10 minutes from Aspen’s center, the home also features curated landscaping and multiple indoor-outdoor living spaces.
Where is West Aspen?

West Aspen is located west of downtown Aspen, stretching along both sides of Highway 82 and the Roaring Fork River. It includes subdivisions such as Red Butte, Castle Creek, and Cemetery Lane.
The neighborhood features larger lots, riverfront access, and views of the surrounding mountains. It offers a mix of privacy and accessibility, with proximity to schools, trails, and the Aspen Golf Club.
Great Room

Anchored by a circular chandelier and steel-framed windows, the living room blends industrial structure with lodge-inspired decor. A long sectional, mounted moose, and oversized TV create a space designed for entertaining beside a full bar and open-concept kitchen. Artwork, patterned rugs, and eclectic seating complete the layered interior.
Bedroom

Facing the forest, the bedroom includes a wood-framed bed with gray bedding, access to an outdoor patio, and full-height windows on two walls. An orange rug, antique furnishings, and curated art add depth to the space. Sliding doors lead directly to the garden and outdoor lounge area.
Bathroom

Tucked behind a solid wood door, the bathroom features exposed brick walls, a walk-in glass shower, and a black stone vanity with modern fixtures. Globe sconces and a rectangular mirror add symmetry over the sink area. Wood and metal finishes keep the palette consistent with the rest of the home.
Office

Surrounded by glass walls and a wood plank ceiling, the office space features two vintage drafting tables facing a wall of framed art. Bookshelves and filing cabinets line the back and side walls, while a patterned rug adds warmth to the industrial flooring. A tall plant and globe accent the corner near the doors to the patio.
Backyard

Terracing down from the house, the backyard includes stone steps, manicured garden beds, and several seating zones among tall trees. A round spa sits in the lower patio corner, bordered by flower beds and a sculptural fountain. The upper terrace includes a dining area and lounge space with forest views.
Listing agent: Chris Souki of Compass Aspen, info provided by Coldwell Banker Realty
3. East Aspen, CO – $59,000,000

Riverfront living meets refined design in this Aspen estate offering 5 bedrooms and 9 bathrooms across 14,960 square feet. Built in 2015 on 2.1 acres, the property includes a three-car garage, gated entry, and direct river access.
The two-level layout includes a primary suite with dual baths, four guest suites, a media room, chef’s kitchen with butler’s pantry, and a walk-in wine room. Floor-to-ceiling windows frame views of Independence Pass, combining privacy with proximity to downtown Aspen.
Where is East Aspen?

East Aspen is located just east of downtown Aspen, following Highway 82 toward Independence Pass. It includes residential areas along roads like McSkimming, Riverside Drive, and Popcorn Lane.
The neighborhood is known for larger properties, riverfront estates, and views of Independence Pass and the Roaring Fork River. It offers a quieter, more private setting while remaining only minutes from the Central Core.
Living Room

Framing the edge of the main level, the living room features double-height ceilings, massive windows with mountain views, and a crystal chandelier suspended above white and navy seating. Plush rugs and sculptural furniture surround a circular coffee table. A pop-art sculpture and built-in backlit bar add contrast against the wood trim and snowy backdrop.
Bar Area

Tucked into the corner of the living space, the bar area includes a curved counter with four blue stools and a glowing backlit display of glass shelves. Liquor bottles and colorful drinkware are neatly arranged against a translucent onyx wall. Windows on both sides offer open views of the patio and lawn.
Kitchen

Centered beneath a coffered ceiling, the kitchen contains two-tone granite countertops, white cabinetry, and a central island with orange stools. Double ovens, a large gas range, and stainless-steel appliances line both sides of the galley layout. A chandelier above the island and a wide window over the sink bring elegance and light to the space.
Primary Bedroom

Set at the rear of the house, the primary bedroom opens to a covered patio through full-height sliding glass doors. A marble fireplace, two pink lounge chairs, and a large bed are positioned across the spacious wood-floored interior. Recessed lighting and ceiling trim frame the soft glow of the chandelier.
Primary Bathroom

Just off the bedroom, the primary bathroom includes two large vanities with green marble tops, a built-in tub beneath three windows, and a mirror-lined wall above the sinks. Glossy stone floors run throughout, matching the rest of the high-contrast finishes. Crystal light fixtures and crown molding emphasize the formal layout.
Listing agent: Steven Shane of Compass Aspen, info provided by Coldwell Banker Realty
2. Aspen, CO – $79,000,000

This Aspen home, built in 2011, offers 7 bedrooms and 10 bathrooms within 16,726 square feet and is listed for $79,000,000. Set near the downtown core with ski access, it includes features like a movie theater, bowling alley, indoor pool, spa, gym, and two elevators.
The property shares approximately 3 acres of land with a neighboring house and includes three clay tennis courts, four bars, and a 1,500-bottle wine cellar. A four-car garage with a turntable and views of Red Mountain and Independence Pass further define the home’s unique setup.
Where is Aspen’s Central Core?

Aspen’s Central Core is located in the heart of the city, directly at the base of Aspen Mountain. It extends from the Silver Queen Gondola and Durant Avenue northward to Main Street, encompassing the downtown commercial and residential areas.
The neighborhood includes luxury homes, condominiums, historic buildings, and landmarks such as Wagner Park and the Wheeler Opera House. Its walkability to restaurants, boutiques, ski lifts, and cultural venues makes it Aspen’s most central and active neighborhood.
Living Room

Near the center of the home, the living room includes vaulted ceilings with exposed dark beams, a stone fireplace, and two cream sofas facing inward. Large glass doors and arched windows bring in natural light and views of the outdoor space. A chandelier and modern artwork add visual focus above the hearth.
Kitchen

Positioned under vaulted ceilings with wood trusses, the kitchen includes a long marble island with seating for six and a large sink in the center. Matching stone countertops wrap along the back wall beneath windows facing the mountain landscape. Pendant lighting and minimalist cabinetry give the room a clean layout.
Office

Tucked behind arched entries, the office includes a wood-paneled coffered ceiling, open shelving, and a fireplace flanked by built-ins. A modern desk setup faces the fireplace, with additional seating and lighting near the entry. Neutral tones and abstract art soften the dark wood and sharp lines.
Bedroom

Located off a private corridor, the bedroom features a low wood-framed bed, built-in nightstands, and folding glass doors that open to the patio. A fireplace sits across from the bed with a mounted television above it. Minimal furnishings and soft textures give the room a calm, open layout.
Courtyard

Framed by the home’s multiple wings, the courtyard features a tiled patio with red cushioned loungers and a central grass lawn. A series of steps and water features lead to the covered terrace and pool area just outside the main living room. Surrounding trees provide privacy from all sides.
Listing agent: Mandy Welgos of Aspen Snowmass Sotheby’S International Realty – Hyman Mall, info provided by Coldwell Banker Realty
1. Castle Creek, CO – $125,000,000

Located in Aspen and priced at $125,000,000, this 53-acre estate includes 15 bedrooms and 19 bathrooms across 25,277 square feet. Originally built in 1990, the property features eight separate structures including a 16,631 square feet main residence with 8 bedrooms and 10 bathrooms.
The estate sits 11 miles from downtown Aspen and includes guest cabins, a fitness center, and two ponds. With views of the Elk Mountain Range and natural surroundings, it serves as a multi-generational compound combining privacy and scale.
Where is Aspen’s Castle Creek Neighborhood?

Castle Creek is a rural neighborhood located southwest of downtown Aspen, Colorado. It follows Castle Creek Road, beginning just past the Aspen Music Festival campus and continuing about 12 miles into the Elk Mountains.
The area is known for its scenic valley setting, dense forests, and proximity to the ghost town of Ashcroft. It includes private estates, trailheads, and historic mining sites, all situated along the creek that gives the neighborhood its name.
Living Room

The living room centers around a large stone fireplace beneath vaulted wood ceilings and is surrounded by oversized windows with mountain views. Leather seating, a patterned armchair, and a wood coffee table are arranged over a geometric rug. Western-themed artwork and rustic decor are placed throughout, including above the fireplace and on the log walls.
Dining Room

Midway through the great room, the dining area features a long rectangular table with fourteen upholstered chairs set atop a red patterned rug. A stone fireplace with stacked logs and framed art adds symmetry to the far wall. Floor-to-ceiling windows and doors open onto a terrace overlooking the forested mountain landscape.
Kitchen

In the heart of the home, the kitchen includes two islands—one for food prep and one with bar seating for six—set under exposed wood beams. Dual ranges with a large metal hood are positioned along the back wall near double sinks and shaker cabinetry. Pendant lights and stone countertops complete the space.
Primary Bedroom

Just off a quiet hallway, the primary bedroom includes a vaulted wood ceiling, a four-poster bed, and a seating area in front of a stone fireplace. Built-in alcove benches sit beneath curtained windows on one side of the room. Soft textiles and framed artwork complement the natural wood finishes.
Primary Bathroom

Tucked beside the bedroom, the en-suite bathroom features two vanities with marble counters, a central soaking tub under the window, and a large glass-enclosed shower with a cushioned bench. Natural logs and wood floors keep the style consistent with the rest of the home. Subtle lighting and mirror accents balance the room’s symmetry.
Listing agent: Steven Shane of Compass Aspen, info provided by Coldwell Banker Realty