Will Smith And Jada Pinkett-Smith Are Not Selling Their Calabasas Compound

Despite rumors stating that Jada Pinkett-Smith and Will Smith were selling their $42 million Calabasas compound, the couple has come out to deny the claim. A rep for the Smiths told the Daily Mail that the couple was not moving and in fact staying in the home that they took seven years to build.

The much-talked about possible listing has sparked divorce rumors for the duo, who has been married since 1997 and who have two celebrity children, Willow and Jade, together. But looks like it was all just talk and the the Smiths are staying in the lux home.

The 25,000-square-foot home was featured in the September 2011 issue of Architectual Digest. At the time, Pinkett-Smith told the publication that building the home was a "spiritual endeavor."

The Smith's Calabasas estate sits on 150 acres of land. Other impressive features include a recording studio, a sunken trampoline, a sand volleyball court, basketball and tennis courts, a lagoon-style pool that comes right up to the side of the house and there is even a meditation lounge. While the home took seven years to build, the Smiths have only been living in it for two years.