The invention provides a warm mix recycled asphalt mixture with a high RAP (Reclaimed Asphalt Pavement) mixing amount and high performance and a preparation method of the warm mix recycled asphalt mixture, and belongs to the technical field of highway construction materials. The mixture is prepared from the following components in percentage by mass: 50 to 70 percent of RAP material, 28.2 to 47.2 percent of aggregate and 1.8 to 2.8 percent of newly-doped asphalt and warm mix regenerant; the content of the warm mix regenerant is 0.3 to 0.5 percent of the mass of the newly-doped asphalt. The preparation method comprises the following steps of reclaiming and stacking of the RAP material, crushing and screening of a reclaimed material, stacking and detection of a reference material in different bins, and preparation of the warm mix recycled asphalt mixture. The RAP material, the aggregate, the asphalt and the warm mix regenerant are taken according to the requirement of raw material proportioning and are subjected to mixing treatment according to a conventional production technique of a hot-mixed asphalt mixture, wherein the mixing temperature is 120 to 140DEG C, and the mixing time is 20 to 35s, and finally the recycled asphalt mixture is obtained. The warm mix recycled asphalt mixture has the advantages of high RAP mixture ratio, low heating and constructing temperature, good constructability, easiness and pavement performance, low energy consumption, low emission and the like.