Posted on Mon Sep 2nd, 2013 10:31am PDT By X17 Staff
Last week it was reported that Will and wife Jada Pinkett-Smith quietly put their Calabasas compound on the market for a whopping $42 million, and this also comes after the news that the couple sold their vacation home in Kauai for $20 million. Either the A-listers are going broke or they're headed for a split ... we can't imagine there's any other reason why they'd want to unload such gorgeous homes! Unless of course they're planning on upgrading to something even bigger? But we can't imagine that's the case...
The Smith's Calabasas estate sits on 150 acres of land, and from the 25,000-square-foot main house to the man-made lake, this property has everything a buyer could want. 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. The home took seven years to build, and the Smiths have only been living in it for two years.
As far as the couple's former Hawaii pad, the 7-acre property was bought by real estate mogul Dmity Rybolovlev in an off market deal earlier this year. The Smiths still own several properties in Pennsylvania and they have two other homes in Los Angeles. They bought a 4,146-square-foot pad in Woodland Hills in 2010 for $910,000 and they have a 5,976-square-foot ranch home in Hidden Hills that they bought in 2003 for $3,400,000. It is believed that they stayed at this Hidden Hills pad while their Calabasas estate was under construction.
In January of 2012 it was reported that Jada met with celebrity divorce lawyer Laura Wasser, and In Touch Weekly reported that the actress even passed on a movie role to spend more time with her kids during the "difficult time." In August of 2011 it was reported that Will and Jada had separated, but the pair quickly shot down those reports.
"Although we are reluctant to respond to these types of press reports, the rumors circulating about our relationship are completely false," they said in a statement. "We are still together, and our marriage is intact." Wonder if that's still the case?
SEE THE GALLERY Will And Jada List Their Calabasas Compound For $42 Million
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