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
2319 Kay Street Mill Valley, CA Beautiful Home with SOLAR! Welcome to this stunning 3-bedroom, 2.5-bathroom home with a l...	3 beds \| 2 baths \| 2,084 sq.ft.	$829,800	Airbnb cash on cash: 4.84% Traditional cash on cash: 3.39% Airbnb Rental Income: $6722 Traditional Rental Income: $4295 Airbnb ROI: 4.84% Traditional ROI: 3.39%
1 Carolyn Lane Mill Valley, CA Contemporary mid-century home is perfect for design and nature enthusiasts. Apprx .26 acre...	4 beds \| 3 baths \| 1,990 sq.ft.	$2,130,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 2.98% Airbnb Rental Income: $8005 Traditional Rental Income: $9456 Airbnb ROI: 1.48% Traditional ROI: 2.98%
20 Sheridan CT Mill Valley, CA A view of the golf course from the deck. New roof and solar with battery added and new ele...	4 beds \| 3 baths \| 2,976 sq.ft.	$2,950,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 0.32% Airbnb Rental Income: $7652 Traditional Rental Income: $6115 Airbnb ROI: 0.35% Traditional ROI: 0.32%
2335 Shelter Bay Avenue Mill Valley, CA Seller is offering to buy down buyer's loan rate or prepay HOA dues. Call for details. Thi...	2 beds \| 2 baths \| 1,118 sq.ft.	$795,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.25% Airbnb Rental Income: $2416 Traditional Rental Income: $3801 Airbnb ROI: 0.58% Traditional ROI: 3.25%
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%
406 Wellesley Court Mill Valley, CA Nestled at the end of a quiet cul-de-sac in Tam Valley, this charming 2BD/1.5BA home provi...	2 beds \| 2 baths \| 1,008 sq.ft.	$1,149,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 0.63% Airbnb Rental Income: $5795 Traditional Rental Income: $3365 Airbnb ROI: 1.82% Traditional ROI: 0.63%
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.	$1,799,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 1.07% Airbnb Rental Income: $11491 Traditional Rental Income: $4980 Airbnb ROI: 3.71% Traditional ROI: 1.07%
11 Overhill Road Mill Valley, CA The views at 11 Overhill Rd feel like a work of art - city lights by night, water shimmeri...	4 beds \| 3 baths \| 2,640 sq.ft.	$2,550,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 1.25% Airbnb Rental Income: $7652 Traditional Rental Income: $6061 Airbnb ROI: 1.31% Traditional ROI: 1.25%
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%
27 Cottage Avenue Mill Valley, CA Welcome to 27 Cottage Avenue a beautiful 3-bedroom, 3-bath Mid-Century home where nature ...	3 beds \| 3 baths \| 2,046 sq.ft.	$2,395,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 0.37% Airbnb Rental Income: $6306 Traditional Rental Income: $5527 Airbnb ROI: 0.16% Traditional ROI: 0.37%
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%
154 Elm Avenue Mill Valley, CA Located in Mill Valley's Tamalpais-Park neighborhood, 154 Elm is a charming vintage cottag...	2 beds \| 2 baths \| 1,071 sq.ft.	$1,875,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 1% Airbnb Rental Income: $6244 Traditional Rental Income: $3844 Airbnb ROI: 1.68% Traditional ROI: 1%
42 Park Terrace Mill Valley, CA Located in one of Mill Valley's most charming walk-to-everything neighborhoods, this rare ...	2 beds \| 3 baths \| 1,477 sq.ft.	$1,295,000	Airbnb cash on cash: 2% Traditional cash on cash: 1.02% Airbnb Rental Income: $6244 Traditional Rental Income: $3844 Airbnb ROI: 2% Traditional ROI: 1.02%

Real Estate investment in Mill-valley, CA

There are 14 properties for sale in the city of Mill Valley . The median list price in Mill Valley is $1,724,000 and the average price per square foot is $896. In September 2025, the average monthly cash on cash return in Mill Valley is 1.00%. The average monthly rental income in Mill Valley is $4,592.

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

There are 14 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

2319 Kay Street

Mill Valley, CA

3 beds | 2 baths | 2,084 sq.ft.

$829,800

Airbnb cash on cash: 4.84%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $6722

Traditional Rental Income: $4295

Airbnb ROI: 4.84%

Traditional ROI: 3.39%

1 Carolyn Lane

Mill Valley, CA

4 beds | 3 baths | 1,990 sq.ft.

$2,130,000

Airbnb cash on cash: 1.48%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $8005

Traditional Rental Income: $9456

Airbnb ROI: 1.48%

Traditional ROI: 2.98%

20 Sheridan CT

Mill Valley, CA

4 beds | 3 baths | 2,976 sq.ft.

$2,950,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 0.32%

Airbnb Rental Income: $7652

Traditional Rental Income: $6115

Airbnb ROI: 0.35%

Traditional ROI: 0.32%

2335 Shelter Bay Avenue

Mill Valley, CA

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

$795,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $2416

Traditional Rental Income: $3801

Airbnb ROI: 0.58%

Traditional ROI: 3.25%

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%

406 Wellesley Court

Mill Valley, CA

2 beds | 2 baths | 1,008 sq.ft.

$1,149,000

Airbnb cash on cash: 1.82%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $5795

Traditional Rental Income: $3365

Airbnb ROI: 1.82%

Traditional ROI: 0.63%

4 Eucalyptus Knoll Street

Mill Valley, CA

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

$1,799,000

Airbnb cash on cash: 3.71%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $11491

Traditional Rental Income: $4980

Airbnb ROI: 3.71%

Traditional ROI: 1.07%

11 Overhill Road

Mill Valley, CA

4 beds | 3 baths | 2,640 sq.ft.

$2,550,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 1.25%

Airbnb Rental Income: $7652

Traditional Rental Income: $6061

Airbnb ROI: 1.31%