diff --git a/CODEOWNERS b/CODEOWNERS
index ff497c35ec..0441a6bfcd 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -143,6 +143,7 @@ esphome/components/modbus_controller/switch/* @martgras
 esphome/components/modbus_controller/text_sensor/* @martgras
 esphome/components/mopeka_ble/* @spbrogan
 esphome/components/mopeka_pro_check/* @spbrogan
+esphome/components/mpl3115a2/* @kbickar
 esphome/components/mpu6886/* @fabaff
 esphome/components/network/* @esphome/core
 esphome/components/nextion/* @senexcrenshaw
diff --git a/esphome/components/mpl3115a2/__init__.py b/esphome/components/mpl3115a2/__init__.py
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/esphome/components/mpl3115a2/mpl3115a2.cpp b/esphome/components/mpl3115a2/mpl3115a2.cpp
new file mode 100644
index 0000000000..f1e553e107
--- /dev/null
+++ b/esphome/components/mpl3115a2/mpl3115a2.cpp
@@ -0,0 +1,99 @@
+#include "mpl3115a2.h"
+#include "esphome/core/hal.h"
+#include "esphome/core/log.h"
+
+namespace esphome {
+namespace mpl3115a2 {
+
+static const char *const TAG = "mpl3115a2";
+
+void MPL3115A2Component::setup() {
+  ESP_LOGCONFIG(TAG, "Setting up MPL3115A2...");
+
+  uint8_t whoami = 0xFF;
+  if (!this->read_byte(MPL3115A2_WHOAMI, &whoami, false)) {
+    this->error_code_ = COMMUNICATION_FAILED;
+    this->mark_failed();
+    return;
+  }
+  if (whoami != 0xC4) {
+    this->error_code_ = WRONG_ID;
+    this->mark_failed();
+    return;
+  }
+
+  // reset
+  this->write_byte(MPL3115A2_CTRL_REG1, MPL3115A2_CTRL_REG1_RST);
+  delay(15);
+
+  // enable data ready events for pressure/altitude and temperature
+  this->write_byte(MPL3115A2_PT_DATA_CFG,
+                   MPL3115A2_PT_DATA_CFG_TDEFE | MPL3115A2_PT_DATA_CFG_PDEFE | MPL3115A2_PT_DATA_CFG_DREM);
+}
+
+void MPL3115A2Component::dump_config() {
+  ESP_LOGCONFIG(TAG, "MPL3115A2:");
+  LOG_I2C_DEVICE(this);
+  if (this->is_failed()) {
+    switch (this->error_code_) {
+      case COMMUNICATION_FAILED:
+        ESP_LOGE(TAG, "Communication with MPL3115A2 failed!");
+        break;
+      case WRONG_ID:
+        ESP_LOGE(TAG, "MPL3115A2 has invalid id");
+        break;
+      default:
+        ESP_LOGE(TAG, "Setting up MPL3115A2 registers failed!");
+        break;
+    }
+  }
+  LOG_UPDATE_INTERVAL(this);
+  LOG_SENSOR("  ", "Temperature", this->temperature_);
+  LOG_SENSOR("  ", "Pressure", this->pressure_);
+  LOG_SENSOR("  ", "Altitude", this->altitude_);
+}
+
+void MPL3115A2Component::update() {
+  uint8_t mode = MPL3115A2_CTRL_REG1_OS128;
+  this->write_byte(MPL3115A2_CTRL_REG1, mode, true);
+  // Trigger a new reading
+  mode |= MPL3115A2_CTRL_REG1_OST;
+  if (this->altitude_ != nullptr)
+    mode |= MPL3115A2_CTRL_REG1_ALT;
+  this->write_byte(MPL3115A2_CTRL_REG1, mode, true);
+
+  // Wait until status shows reading available
+  uint8_t status = 0;
+  if (!this->read_byte(MPL3115A2_REGISTER_STATUS, &status, false) || (status & MPL3115A2_REGISTER_STATUS_PDR) == 0) {
+    delay(10);
+    if (!this->read_byte(MPL3115A2_REGISTER_STATUS, &status, false) || (status & MPL3115A2_REGISTER_STATUS_PDR) == 0) {
+      return;
+    }
+  }
+
+  uint8_t buffer[5] = {0, 0, 0, 0, 0};
+  this->read_register(MPL3115A2_REGISTER_PRESSURE_MSB, buffer, 5, false);
+
+  float altitude = 0, pressure = 0;
+  if (this->altitude_ != nullptr) {
+    int32_t alt = encode_uint32(buffer[0], buffer[1], buffer[2], 0);
+    altitude = float(alt) / 65536.0;
+    this->altitude_->publish_state(altitude);
+  } else {
+    uint32_t p = encode_uint32(0, buffer[0], buffer[1], buffer[2]);
+    pressure = float(p) / 6400.0;
+    if (this->pressure_ != nullptr)
+      this->pressure_->publish_state(pressure);
+  }
+  int16_t t = encode_uint16(buffer[3], buffer[4]);
+  float temperature = float(t) / 256.0;
+  if (this->temperature_ != nullptr)
+    this->temperature_->publish_state(temperature);
+
+  ESP_LOGD(TAG, "Got Temperature=%.1f°C Altitude=%.1f Pressure=%.1f", temperature, altitude, pressure);
+
+  this->status_clear_warning();
+}
+
+}  // namespace mpl3115a2
+}  // namespace esphome
diff --git a/esphome/components/mpl3115a2/mpl3115a2.h b/esphome/components/mpl3115a2/mpl3115a2.h
new file mode 100644
index 0000000000..00a6d90c52
--- /dev/null
+++ b/esphome/components/mpl3115a2/mpl3115a2.h
@@ -0,0 +1,108 @@
+#pragma once
+
+#include "esphome/core/component.h"
+#include "esphome/components/sensor/sensor.h"
+#include "esphome/components/i2c/i2c.h"
+
+namespace esphome {
+namespace mpl3115a2 {
+
+// enums from https://github.com/adafruit/Adafruit_MPL3115A2_Library/
+/** MPL3115A2 registers **/
+enum {
+  MPL3115A2_REGISTER_STATUS = (0x00),
+
+  MPL3115A2_REGISTER_PRESSURE_MSB = (0x01),
+  MPL3115A2_REGISTER_PRESSURE_CSB = (0x02),
+  MPL3115A2_REGISTER_PRESSURE_LSB = (0x03),
+
+  MPL3115A2_REGISTER_TEMP_MSB = (0x04),
+  MPL3115A2_REGISTER_TEMP_LSB = (0x05),
+
+  MPL3115A2_REGISTER_DR_STATUS = (0x06),
+
+  MPL3115A2_OUT_P_DELTA_MSB = (0x07),
+  MPL3115A2_OUT_P_DELTA_CSB = (0x08),
+  MPL3115A2_OUT_P_DELTA_LSB = (0x09),
+
+  MPL3115A2_OUT_T_DELTA_MSB = (0x0A),
+  MPL3115A2_OUT_T_DELTA_LSB = (0x0B),
+
+  MPL3115A2_WHOAMI = (0x0C),
+
+  MPL3115A2_BAR_IN_MSB = (0x14),
+  MPL3115A2_BAR_IN_LSB = (0x15),
+};
+
+/** MPL3115A2 status register bits **/
+enum {
+  MPL3115A2_REGISTER_STATUS_TDR = 0x02,
+  MPL3115A2_REGISTER_STATUS_PDR = 0x04,
+  MPL3115A2_REGISTER_STATUS_PTDR = 0x08,
+};
+
+/** MPL3115A2 PT DATA register bits **/
+enum {
+  MPL3115A2_PT_DATA_CFG = 0x13,
+  MPL3115A2_PT_DATA_CFG_TDEFE = 0x01,
+  MPL3115A2_PT_DATA_CFG_PDEFE = 0x02,
+  MPL3115A2_PT_DATA_CFG_DREM = 0x04,
+};
+
+/** MPL3115A2 control registers **/
+enum {
+
+  MPL3115A2_CTRL_REG1 = (0x26),
+  MPL3115A2_CTRL_REG2 = (0x27),
+  MPL3115A2_CTRL_REG3 = (0x28),
+  MPL3115A2_CTRL_REG4 = (0x29),
+  MPL3115A2_CTRL_REG5 = (0x2A),
+};
+
+/** MPL3115A2 control register bits **/
+enum {
+  MPL3115A2_CTRL_REG1_SBYB = 0x01,
+  MPL3115A2_CTRL_REG1_OST = 0x02,
+  MPL3115A2_CTRL_REG1_RST = 0x04,
+  MPL3115A2_CTRL_REG1_RAW = 0x40,
+  MPL3115A2_CTRL_REG1_ALT = 0x80,
+  MPL3115A2_CTRL_REG1_BAR = 0x00,
+};
+
+/** MPL3115A2 oversample values **/
+enum {
+  MPL3115A2_CTRL_REG1_OS1 = 0x00,
+  MPL3115A2_CTRL_REG1_OS2 = 0x08,
+  MPL3115A2_CTRL_REG1_OS4 = 0x10,
+  MPL3115A2_CTRL_REG1_OS8 = 0x18,
+  MPL3115A2_CTRL_REG1_OS16 = 0x20,
+  MPL3115A2_CTRL_REG1_OS32 = 0x28,
+  MPL3115A2_CTRL_REG1_OS64 = 0x30,
+  MPL3115A2_CTRL_REG1_OS128 = 0x38,
+};
+
+class MPL3115A2Component : public PollingComponent, public i2c::I2CDevice {
+ public:
+  void set_temperature(sensor::Sensor *temperature) { temperature_ = temperature; }
+  void set_altitude(sensor::Sensor *altitude) { altitude_ = altitude; }
+  void set_pressure(sensor::Sensor *pressure) { pressure_ = pressure; }
+
+  void setup() override;
+  void dump_config() override;
+  void update() override;
+
+  float get_setup_priority() const override { return setup_priority::DATA; }
+
+ protected:
+  sensor::Sensor *temperature_{nullptr};
+  sensor::Sensor *altitude_{nullptr};
+  sensor::Sensor *pressure_{nullptr};
+  enum ErrorCode {
+    NONE = 0,
+    COMMUNICATION_FAILED,
+    WRONG_ID,
+  } error_code_{NONE};
+};
+
+}  // namespace mpl3115a2
+}  // namespace esphome
diff --git a/esphome/components/mpl3115a2/sensor.py b/esphome/components/mpl3115a2/sensor.py
new file mode 100644
index 0000000000..68ed0e08a8
--- /dev/null
+++ b/esphome/components/mpl3115a2/sensor.py
@@ -0,0 +1,75 @@
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome.components import i2c, sensor
+from esphome.const import (
+    CONF_ALTITUDE,
+    CONF_ID,
+    CONF_PRESSURE,
+    CONF_TEMPERATURE,
+    DEVICE_CLASS_PRESSURE,
+    DEVICE_CLASS_TEMPERATURE,
+    STATE_CLASS_MEASUREMENT,
+    UNIT_CELSIUS,
+    UNIT_HECTOPASCAL,
+    UNIT_METER,
+)
+
+CODEOWNERS = ["@kbickar"]
+DEPENDENCIES = ["i2c"]
+
+mpl3115a2_ns = cg.esphome_ns.namespace("mpl3115a2")
+MPL3115A2Component = mpl3115a2_ns.class_(
+    "MPL3115A2Component", cg.PollingComponent, i2c.I2CDevice
+)
+
+CONFIG_SCHEMA = (
+    cv.Schema(
+        {
+            cv.GenerateID(): cv.declare_id(MPL3115A2Component),
+            cv.Exclusive(
+                CONF_PRESSURE,
+                "pressure",
+                f"{CONF_PRESSURE} and {CONF_ALTITUDE} can't be used together",
+            ): sensor.sensor_schema(
+                unit_of_measurement=UNIT_HECTOPASCAL,
+                accuracy_decimals=1,
+                device_class=DEVICE_CLASS_PRESSURE,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+            cv.Exclusive(
+                CONF_ALTITUDE,
+                "pressure",
+                f"{CONF_PRESSURE} and {CONF_ALTITUDE} can't be used together",
+            ): sensor.sensor_schema(
+                unit_of_measurement=UNIT_METER,
+                accuracy_decimals=1,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+            cv.Optional(CONF_TEMPERATURE): sensor.sensor_schema(
+                unit_of_measurement=UNIT_CELSIUS,
+                accuracy_decimals=1,
+                device_class=DEVICE_CLASS_TEMPERATURE,
+                state_class=STATE_CLASS_MEASUREMENT,
+            ),
+        }
+    )
+    .extend(cv.polling_component_schema("60s"))
+    .extend(i2c.i2c_device_schema(0x60))
+)
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+    await cg.register_component(var, config)
+    await i2c.register_i2c_device(var, config)
+
+    if CONF_PRESSURE in config:
+        sens = await sensor.new_sensor(config[CONF_PRESSURE])
+        cg.add(var.set_pressure(sens))
+    elif CONF_ALTITUDE in config:
+        sens = await sensor.new_sensor(config[CONF_ALTITUDE])
+        cg.add(var.set_altitude(sens))
+
+    if CONF_TEMPERATURE in config:
+        sens = await sensor.new_sensor(config[CONF_TEMPERATURE])
+        cg.add(var.set_temperature(sens))
diff --git a/tests/test1.yaml b/tests/test1.yaml
index 20209923aa..e5e9754d74 100644
--- a/tests/test1.yaml
+++ b/tests/test1.yaml
@@ -1167,6 +1167,13 @@ sensor:
     temperature:
       name: Max9611 Temp
     update_interval: 1s
+  - platform: mpl3115a2
+    i2c_id: i2c_bus
+    temperature:
+      name: "MPL3115A2 Temperature"
+    pressure:
+      name: "MPL3115A2 Pressure"
+    update_interval: 10s
 
 esp32_touch:
   setup_mode: false