An architecturally quirky Los Angeles home—with a facade constructed from cement board panels—is listing for $29.95 million.

Tucked behind large gates, with a large motor court and a four-car garage, the 9,000-square-foot, five-bedroom home was designed by Zoltan Pali of SPF:architects, who designed the Wallis Annenberg Center for the Performing Arts. There are geometric angled louvers that “create different shades and moods and feelings throughout the day, yet don’t block the view no matter which way you look,” said listing...