A contemporary-style Hollywood Hills mansion with a glass-encased infinity pool that permits underwater views of the home’s movie theater, an adjacent living area and the Los Angeles skyline is listing for $28 million.

The five-bedroom, 9,997-square-foot house has more than 5,000 square feet of patios and decks, wide plank walnut and Italian breccia stone floors, a gym, a glass-fronted four-car garage and a wine cellar that is also outfitted to hold bottles of tequila.

The infinity pool at the back of the home is almost entirely constructed of glass on three sides, offering a large view of the Los Angeles skyline along the front and views of the movie theater below, according to the listing agent, Andrew Wilson of Sotheby’s International Realty. From the theater, it is possible to look up into the pool or draw automatic shades.

Mr. Wilson said the home differs from other spec homes in that it is finished in softer-looking materials, such as wood and stone. "So many of the homes up here are very similar white boxes," he said. "They’re cool to see, but they’re hard to live in after a while. This is more homey."

More: $35 Million Baroque Palazzo in Beverly Hills Gets Modern Makeover

Mattia Biagi, creative director of architecture and design firm Studio Dardo, said he finished the home with a collection of midcentury furniture from brands such as Minotti, which could be purchased at additional cost.

The property, dubbed the Cork House for a cork oak tree on the site, was developed by British property investor Brendan Deschamps and Studio Dardo. The developers bought the site for $6.75 million in 2013, property records show. Mr. Deschamps is known for renovating an estate once owned by mining mogul Harvey Mudd in nearby Benedict Canyon, which he sold for more than $14.5 million in 2016, public records show.

The Thrasher Avenue home is located in the Bird Streets section of the hills, an area desired for its views and proximity to the Sunset Strip. Another spec house on the same street sold for $32.5 million late last year, public records show.