Martin and his wife, Emily Martin, paid $8.75 million for the house in 2020, property records show, then embarked on a multiyear, multimillion-dollar renovation of the circa-1908 home.

A Palm Springs estate once owned by the late Mary Martin, who in 1954 originated Peter Pan in the Broadway musical, is on the market for $3.95 million. The 3,456-square-foot, Spanish-style ...