Real Estate Investment Properties for Sale in Mill Valley, CA

Looking for investment property in Mill Valley, CA with high ROI ?

Explore a variety of short-term homes & houses in Mill Valley, CA. Invest wisely with VRBO & Mill Valley, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Mill Valley, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11 Sky Rd Mill Valley, CA Wonderful Mill Valley home featuring 4 bedrooms and 3 bathrooms with approximately 3,458 s...	4 beds \| 3 baths \| 3,458 sq.ft.	$3,350,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 0.59% Airbnb Rental Income: $397 Traditional Rental Income: $6393 Airbnb ROI: -1.42% Traditional ROI: 0.59%
2335 Shelter Bay Avenue Mill Valley, CA $45K Price Improvement! Your Southern Marin dream lifestyle begins here. Enjoy resort-styl...	2 beds \| 2 baths \| 1,118 sq.ft.	$750,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.55% Airbnb Rental Income: $2416 Traditional Rental Income: $3801 Airbnb ROI: 0.72% Traditional ROI: 3.55%
2 Upper Alcatraz Place Mill Valley, CA A groundbreaking Net Zero certified compound just minutes from downtown Mill Valley, 2 Upp...	5 beds \| 6 baths \| 4,129 sq.ft.	$9,750,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.47% Airbnb Rental Income: $null Traditional Rental Income: $11702 Airbnb ROI: N/A Traditional ROI: -0.47%
4 Eucalyptus Knoll Street Mill Valley, CA Discover joyful living in this beautifully remodeled town home in coveted Eucalyptus Knoll...	3 beds \| 3 baths \| 2,010 sq.ft.	$1,695,000	Airbnb cash on cash: 4% Traditional cash on cash: 1.2% Airbnb Rental Income: $11491 Traditional Rental Income: $4980 Airbnb ROI: 4% Traditional ROI: 1.2%
11 Thoreau Circle Mill Valley, CA Welcome to 11 Thoreau in the highly sought-after Shelter Ridge Community! This stylish 2-b...	2 beds \| 2 baths \| 1,248 sq.ft.	$799,000	Airbnb cash on cash: 4.5% Traditional cash on cash: 2.12% Airbnb Rental Income: $6710 Traditional Rental Income: $3633 Airbnb ROI: 4.5% Traditional ROI: 2.12%
4 Milland Court Mill Valley, CA Experience stunning views of Richardson Bay and Mount Tam from this charming home in the c...	3 beds \| 3 baths \| 1,872 sq.ft.	$1,649,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 1.48% Airbnb Rental Income: $7204 Traditional Rental Income: $5130 Airbnb ROI: 1.93% Traditional ROI: 1.48%
331 Starling Road Mill Valley, CA Welcome to 331 Starling Road, a rare offering in the heart of Tam Valley's Birdland neighb...	3 beds \| 1 baths \| 1,280 sq.ft.	$1,498,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 0.68% Airbnb Rental Income: $5696 Traditional Rental Income: $3731 Airbnb ROI: 1.27% Traditional ROI: 0.68%
1178 Wildflower Drive Mill Valley, CA Gorgeous 2024 Willow Model in Tesoro Viejo - 3BD/2BA, 2,290 sq ft, and move-in ready with ...	3 beds \| 2 baths \| 2,290 sq.ft.	$669,900	Airbnb cash on cash: 7.12% Traditional cash on cash: 6.92% Airbnb Rental Income: $6722 Traditional Rental Income: $5286 Airbnb ROI: 7.12% Traditional ROI: 6.92%
70 Madrone Park Circle Mill Valley, CA Welcome to this modern classic home tucked in the serene redwoods of Madrone Park. This en...	4 beds \| 3 baths \| 2,743 sq.ft.	$2,250,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.01% Airbnb Rental Income: $9025 Traditional Rental Income: $6315 Airbnb ROI: 1.5% Traditional ROI: 1.01%
116 Eucalyptus Knoll Mill Valley, CA This 1-bedroom, 1.5-bath condominium is in the highly desirable Eucalyptus Knoll community...	1 beds \| 2 baths \| 1,180 sq.ft.	$849,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 2.56% Airbnb Rental Income: $3528 Traditional Rental Income: $3881 Airbnb ROI: 1.13% Traditional ROI: 2.56%
363 Marion Avenue Mill Valley, CA Amidst the redwoods yet filled with natural light, 363 Marion Avenue offers a rare combina...	3 beds \| 3 baths \| 2,676 sq.ft.	$2,118,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 1.32% Airbnb Rental Income: $11491 Traditional Rental Income: $5808 Airbnb ROI: 3.14% Traditional ROI: 1.32%
524 Cascade Drive Mill Valley, CA Tucked away beneath a canopy of majestic redwoods, this thoughtfully designed Mill Valley ...	2 beds \| 2 baths \| 1,086 sq.ft.	$1,350,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 0.64% Airbnb Rental Income: $5725 Traditional Rental Income: $3855 Airbnb ROI: 1.22% Traditional ROI: 0.64%
11 Via Vandyke Mill Valley, CA Extraordinary Mill Valley residence in a private gated enclave. This European inspired hom...	4 beds \| 6 baths \| 5,809 sq.ft.	$6,798,000	Airbnb cash on cash: -1.11% Traditional cash on cash: -0.19% Airbnb Rental Income: $7652 Traditional Rental Income: $11965 Airbnb ROI: -1.11% Traditional ROI: -0.19%
2 Fielding Circle Mill Valley, CA Discover this stylish 3-bedroom, 2.5-bath residence in Mill Valley's sought-after Shelter ...	3 beds \| 3 baths \| 1,374 sq.ft.	$929,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 1.49% Airbnb Rental Income: $6722 Traditional Rental Income: $4111 Airbnb ROI: 2.99% Traditional ROI: 1.49%
23 Heron Drive Mill Valley, CA Situated within an exclusive enclave of custom homes, this impressive residence features b...	5 beds \| 5 baths \| 4,545 sq.ft.	$5,750,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.16% Airbnb Rental Income: $null Traditional Rental Income: $10925 Airbnb ROI: N/A Traditional ROI: 0.16%
40 Mountain Lane Mill Valley, CA Welcome to 40 Mountain Lane a handcrafted sanctuary nestled on the slopes of Mt. Tamalpais...	3 beds \| 3 baths \| 2,476 sq.ft.	$1,695,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 1.96% Airbnb Rental Income: $10678 Traditional Rental Income: $5478 Airbnb ROI: 4.01% Traditional ROI: 1.96%
121 Eucalyptus Knoll Street Mill Valley, CA Single-Level, Corner Unit is GORGEOUS w/Luxury Upgrades!! Tastefully designed & perfect fo...	2 beds \| 2 baths \| 1,348 sq.ft.	$1,195,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 1.13% Airbnb Rental Income: $2416 Traditional Rental Income: $4164 Airbnb ROI: -0.98% Traditional ROI: 1.13%
6033 Shelter Bay Avenue Mill Valley, CA Experience the perfect blend of luxury, comfort, and effortless coastal living at this sty...	2 beds \| 3 baths \| 1,850 sq.ft.	$1,695,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.04% Airbnb Rental Income: $2416 Traditional Rental Income: $4677 Airbnb ROI: -0.77% Traditional ROI: 1.04%

Real Estate investment in Mill-valley, CA

There are 19 properties for sale in the city of Mill Valley . The median list price in Mill Valley is $1,649,000 and the average price per square foot is $703. In October 2025, the average monthly cash on cash return in Mill Valley is 1.00%. The average monthly rental income in Mill Valley is $4,601.

Mill-valley, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 19 investment properties available for sale in Mill-valley.

In 2025, the best neighborhood to buy investment property is Blithedale Canyon.

The ROI for Short-Term is higher than the Long-Term in Mill-valley with average rental income of $7,204.

Your search for investment property begins and ends here

Investment Property for Sale in Mill Valley, CA

11 Sky Rd

Mill Valley, CA

4 beds | 3 baths | 3,458 sq.ft.

$3,350,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $397

Traditional Rental Income: $6393

Airbnb ROI: -1.42%

Traditional ROI: 0.59%

2335 Shelter Bay Avenue

Mill Valley, CA

2 beds | 2 baths | 1,118 sq.ft.

$750,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $2416

Traditional Rental Income: $3801

Airbnb ROI: 0.72%

Traditional ROI: 3.55%

2 Upper Alcatraz Place

Mill Valley, CA

5 beds | 6 baths | 4,129 sq.ft.

$9,750,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.47%

Airbnb Rental Income: $null

Traditional Rental Income: $11702

Airbnb ROI: N/A

Traditional ROI: -0.47%

4 Eucalyptus Knoll Street

Mill Valley, CA

3 beds | 3 baths | 2,010 sq.ft.

$1,695,000

Airbnb cash on cash: 4%

Traditional cash on cash: 1.2%

Airbnb Rental Income: $11491

Traditional Rental Income: $4980

Airbnb ROI: 4%

Traditional ROI: 1.2%

11 Thoreau Circle

Mill Valley, CA

2 beds | 2 baths | 1,248 sq.ft.

$799,000

Airbnb cash on cash: 4.5%

Traditional cash on cash: 2.12%

Airbnb Rental Income: $6710

Traditional Rental Income: $3633

Airbnb ROI: 4.5%

Traditional ROI: 2.12%

4 Milland Court

Mill Valley, CA

3 beds | 3 baths | 1,872 sq.ft.

$1,649,000

Airbnb cash on cash: 1.93%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $7204

Traditional Rental Income: $5130

Airbnb ROI: 1.93%

Traditional ROI: 1.48%

331 Starling Road

Mill Valley, CA

3 beds | 1 baths | 1,280 sq.ft.

$1,498,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 0.68%

Airbnb Rental Income: $5696

Traditional Rental Income: $3731

Airbnb ROI: 1.27%

Traditional ROI: 0.68%

1178 Wildflower Drive

Mill Valley, CA

3 beds | 2 baths | 2,290 sq.ft.

$669,900

Airbnb cash on cash: 7.12%

Traditional cash on cash: 6.92%

Airbnb Rental Income: $6722

Traditional Rental Income: $5286

Airbnb ROI: 7.12%