The present invention relates to a reflective eyepiece optical system and a head-mounted near-to-eye display device. The system includes: a first optical element and a second optical element arranged successively in an incident direction of an optical axis of human eyes, and a first lens group located on an optical axis of a miniature image displayer. The first optical element is used for transmitting and reflecting an image light from the miniature image displayer. The second optical element includes an optical reflection surface. The first optical element reflects the image light refracted by the first lens group to the second optical element, and then transmits the image light reflected by the second optical element to the human eyes.