Will Smith And Jada Pinkett Are Not Selling Calabases Estate For $42 Million

Will Smith and Jada Pinkett Smith are denying rumors that they are selling their estate in Calabasas, California, after only two years.

The Hollywood power couple reportedly listed the 150-acre estate for $42 million. The estate — which features a 25,000 square foot main house — includes a meditation room with a skylight, recording studio, tennis court and basketball pad, pool, and artificial lake. The home was created by architect Stephen Samuelson.

The couple’s mansion was featured in a cover story forArchitectural Digest in 2011.

“For Will and me this home was always a spiritual endeavor,” Pinkett said. “We’re very earthy, organic people. We wanted to create a family retreat, something made by hand and as natural as possible, something that ties back to the land. Whatever it becomes, the craftsmanship will always represent our union and the love of our family.”

A representative denied the rumors that the couple had listed the home, which took four years to complete.

“This is false. Their home is not on the market,” publicist Karynne Tencer told the New York Daily News Monday.

According to the Daily News, the “whisper listing” report came after Smith and Pinkett sold their seven-acre, three-bedroom vacation home in Hawaii to Russian billionaire Dmitry Ryboloviev for $20 million.

The false listing news also renewed speculation that the couple is heading for divorce, especially after Pinkett recently sought to end rumors of an “open relationship” between her and Smith. On HuffPost Live with Marc Lamont Hill, Pinkett said, “I think that people get that idea because Will and I are very relaxed with one another.”

“I’ve always told Will, ‘You can do whatever you want as long as you can look at yourself in the mirror and be okay because at the end of the day, Will is his own man. I’m here as his partner, but he is his own man. He has to decide who he wants to be and that’s not for me to do for him.”

Back in 2008, Will Smith said that divorce was not an option for him and his wife.

“What I found is divorce just can’t be an option,” Smith told Ellen DeGeneres. “It’s merely that simple. And I think that’s the problem with L.A. There are so many options. So a huge part of the success for Jada and I is that we just removed the other options.”

[Photo credit: Debby Wong / Shutterstock.com]