By Selena Hill (staff@latinospost.com) | First Posted: Sep 03, 2013 06:05 PM EDT

Hollywood power couple Jada Pinkett-Smith and Will Smith are denying rumors that they are on the verge of selling their Calabasas-adjacent home, which they took seven years to build and have lived in since 2011.

It was reported that Will and his wife were planning to put their dream family home on the market for $42 million.  In addition to selling the custom built 25,000 square foot house, it was also reported that they sold their holiday home in Hawaii.

However, a spokesperson for the pair told the Daily Mail Online that the rumors are bogus saying, "This is all completely false and their home is not on the market."

The Real Estalker claimed that a "whisper listing" --otherwise known as a pocket listing, which is an unofficial, off-market real estate listing where a broker can market and sell an expensive or high-profile listing quietly--turned up a $42-million asking price.  In addition, the thought of a possible sale revived talk that the couple was divorcing. However, a representative of the Smiths told the Daily Mail there had been no whisper listings, and the couple was going strong.

The September 2011 issue of Architectural Digest featured the 25,000-square-foot estate, calling it a "deeply personal" project for the pair. The compound, which is located in the Santa Monica Mountains near Calabasas, is home to the couple and children Jaden,15; Willow, 12; and Will's son Trey, 20, from a previous marriage.

Jada Pinkett Smith told the publication the project was a "spiritual endeavour."  The home features antique carved panels and doors they've collected from the Southwest as well as the Middle East, Asia and Africa. The space, with "secret nooks and tranquil alcoves," the Digest reported, was designed with curves to flow and create, as Will Smith said, "an infinite cycle" to represent the couple's love.

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