Will Smith is heartbroken and in heavy tears after losing his $10 million home in the LA fire and also having to witness the tragic death of his …See more

Will Smith and wife Jada Pinkett Smith’s $42million Calabasas home was the site of a fire on Monday.

Fire trucks and an ambulance made their way to the celeb couple’s home after a blaze broke out in the basement.

Will and Jada are reportedly coping well with the fire scare, with a source close to the family telling Page Six: ‘They are all fine and in the home. A fire broke out in the basement, and a fireman was treated [for injuries,] but everyone is fine.’

The duo are said to have been home during the incident.

Previously, a witness revealed a blaze ‘broke out somewhere on one of the properties’ and that ‘someone was treated at the scene’ but did not need to be hospitalized.

An ambulance was seen entering the area around approximately 3:30pm in footage which captured.