Will and Jada Pinkett Smith are shooting down a report they plan to sell their sprawling custom-built compound in the mountains above Malibu. The A-list action hero and his actress wife issued the denial after Realestalker.com reported last week that they floated their epic estate in a hush-hush listing for a whopping US$42 million.
“This is false. Their home is not on the market,” publicist Karynne Tencer told the Daily News on Monday.
The humongous, hand-hewn abode took more than four years to complete and includes a screening room, professional recording studio, retractable skylight in the double-height living room and good views.
Will told Architectural Digest, which featured the property in 2011, that the house’s circular floor plan was designed to “create an infinite cycle that represented what Jada and I hoped for our love”.
The report of the “whisper listing” came after Will and Jada recently sold their posh, three-bedroom vacation home in Hawaii to Russian billionaire Dmitry Ryboloviev for US$20 million.
Will and Jada also recently pulled the plug on their privately funded New Village Leadership Academy in Calabasas.
They founded the academy in 2008 after home-schooling kids Jaden (15) and Willow (12) and poured millions into its coffers while deflecting criticism it used Scientology in its curriculum.
The portfolio shake-up has renewed speculation about the couple’s personal life.
Jada (41) grabbed headlines back in April when she told HuffPost Live that the secret to her 16-year union was letting her hunky hubby “do whatever” he wants.
She later clarified the statement on Facebook.
“Will and I BOTH can do WHATEVER we want because we TRUST each other to do so. This does NOT mean we have an open relationship . . . this means we have a GROWN one,” she wrote. — nydailynews.com.



