Will Smith and Jada Pinkett Smith's $42 Million Home Is Not for Sale

Couple's 25,000-square-foot house in Malibu "will always represent our union and the love of our family," says Jada

By Rebecca Macatee Sep 03, 2013 4:56 PMTags
Will Smith, Jada Pinkett-SmithCarrillo/CelebrityHomePhotos.com; Theo Wargo/Getty Images

If your life got flipped, turned upside down, then take a minute, just sit right here—but sorry, you can't move in with Will Smith and Jada Pinkett Smith.

A report surfaced last week claiming that the couple's 25,000-square-foot Calabasas, Calif., was listed for sale at $42 million, but Jada's rep tells E! News, "They are not selling their home. That was false information."

In 2011, Jada, 41, and Will, 44, spoke with Architectural Digest about the home they share with son Jayden and daughter Willow. "For Will and me this home was always a spiritual endeavor," said Jada. "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."

"It's definitely a work in progress," she added, noting that construction on the house began in 2003, four years after they purchased the property in the mountains of Malibu. "Will and I were very young when we started the house, so it keeps on changing as we get older and understand how we really live in it. But whatever it becomes, the craftsmanship will always represent our union and the love of our family."

Yeah, so, casa Smith isn't changing hands any time soon!