diff --git a/CODEOWNERS b/CODEOWNERS
index bfa4a7e59f..56899be01a 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -198,6 +198,7 @@ esphome/components/tuya/text_sensor/* @dentra
 esphome/components/uart/* @esphome/core
 esphome/components/ultrasonic/* @OttoWinter
 esphome/components/version/* @esphome/core
+esphome/components/wake_on_lan/* @willwill2will54
 esphome/components/web_server_base/* @OttoWinter
 esphome/components/whirlpool/* @glmnet
 esphome/components/xiaomi_lywsd03mmc/* @ahpohl
diff --git a/esphome/components/wake_on_lan/__init__.py b/esphome/components/wake_on_lan/__init__.py
new file mode 100644
index 0000000000..3548fb02f4
--- /dev/null
+++ b/esphome/components/wake_on_lan/__init__.py
@@ -0,0 +1 @@
+CODEOWNERS = ["@willwill2will54"]
diff --git a/esphome/components/wake_on_lan/button.py b/esphome/components/wake_on_lan/button.py
new file mode 100644
index 0000000000..2710eb3df9
--- /dev/null
+++ b/esphome/components/wake_on_lan/button.py
@@ -0,0 +1,32 @@
+import esphome.codegen as cg
+from esphome.components import button
+import esphome.config_validation as cv
+from esphome.const import CONF_ID
+
+CONF_TARGET_MAC_ADDRESS = "target_mac_address"
+
+wake_on_lan_ns = cg.esphome_ns.namespace("wake_on_lan")
+
+WakeOnLanButton = wake_on_lan_ns.class_("WakeOnLanButton", button.Button, cg.Component)
+
+DEPENDENCIES = ["network"]
+
+CONFIG_SCHEMA = cv.All(
+    button.BUTTON_SCHEMA.extend(cv.COMPONENT_SCHEMA).extend(
+        cv.Schema(
+            {
+                cv.Required(CONF_TARGET_MAC_ADDRESS): cv.mac_address,
+                cv.GenerateID(): cv.declare_id(WakeOnLanButton),
+            }
+        ),
+    ),
+    cv.only_with_arduino,
+)
+
+
+def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+
+    yield cg.add(var.set_macaddr(*config[CONF_TARGET_MAC_ADDRESS].parts))
+    yield cg.register_component(var, config)
+    yield button.register_button(var, config)
diff --git a/esphome/components/wake_on_lan/wake_on_lan.cpp b/esphome/components/wake_on_lan/wake_on_lan.cpp
new file mode 100644
index 0000000000..893aa75895
--- /dev/null
+++ b/esphome/components/wake_on_lan/wake_on_lan.cpp
@@ -0,0 +1,58 @@
+#ifdef USE_ARDUINO
+
+#include "wake_on_lan.h"
+#include "esphome/core/log.h"
+#include "esphome/components/network/ip_address.h"
+#include "esphome/components/network/util.h"
+
+namespace esphome {
+namespace wake_on_lan {
+
+static const char *const TAG = "wake_on_lan.button";
+static const uint8_t PREFIX[6] = {255, 255, 255, 255, 255, 255};
+
+void WakeOnLanButton::set_macaddr(uint8_t a, uint8_t b, uint8_t c, uint8_t d, uint8_t e, uint8_t f) {
+  macaddr_[0] = a;
+  macaddr_[1] = b;
+  macaddr_[2] = c;
+  macaddr_[3] = d;
+  macaddr_[4] = e;
+  macaddr_[5] = f;
+}
+
+void WakeOnLanButton::dump_config() {
+  LOG_BUTTON("", "Wake-on-LAN Button", this);
+  ESP_LOGCONFIG(TAG, "  Target MAC address: %02X:%02X:%02X:%02X:%02X:%02X", macaddr_[0], macaddr_[1], macaddr_[2],
+                macaddr_[3], macaddr_[4], macaddr_[5]);
+}
+
+void WakeOnLanButton::press_action() {
+  ESP_LOGI(TAG, "Sending Wake-on-LAN Packet...");
+  bool begin_status = false;
+  bool end_status = false;
+  uint32_t interface = esphome::network::get_ip_address();
+  IPAddress interface_ip = IPAddress(interface);
+  IPAddress broadcast = IPAddress(255, 255, 255, 255);
+#ifdef USE_ESP8266
+  begin_status = this->udp_client_.beginPacketMulticast(broadcast, 9, interface_ip, 128);
+#endif
+#ifdef USE_ESP32
+  begin_status = this->udp_client_.beginPacket(broadcast, 9);
+#endif
+
+  if (begin_status) {
+    this->udp_client_.write(PREFIX, 6);
+    for (size_t i = 0; i < 16; i++) {
+      this->udp_client_.write(macaddr_, 6);
+    }
+    end_status = this->udp_client_.endPacket();
+  }
+  if (!begin_status || end_status) {
+    ESP_LOGE(TAG, "Sending Wake-on-LAN Packet Failed!");
+  }
+}
+
+}  // namespace wake_on_lan
+}  // namespace esphome
+
+#endif
diff --git a/esphome/components/wake_on_lan/wake_on_lan.h b/esphome/components/wake_on_lan/wake_on_lan.h
new file mode 100644
index 0000000000..72f900e3fa
--- /dev/null
+++ b/esphome/components/wake_on_lan/wake_on_lan.h
@@ -0,0 +1,27 @@
+#pragma once
+
+#ifdef USE_ARDUINO
+
+#include "esphome/components/button/button.h"
+#include "esphome/core/component.h"
+#include "WiFiUdp.h"
+
+namespace esphome {
+namespace wake_on_lan {
+
+class WakeOnLanButton : public button::Button, public Component {
+ public:
+  void set_macaddr(uint8_t a, uint8_t b, uint8_t c, uint8_t d, uint8_t e, uint8_t f);
+
+  void dump_config() override;
+
+ protected:
+  WiFiUDP udp_client_{};
+  void press_action() override;
+  uint8_t macaddr_[6];
+};
+
+}  // namespace wake_on_lan
+}  // namespace esphome
+
+#endif
diff --git a/tests/component_tests/button/test_button.py b/tests/component_tests/button/test_button.py
new file mode 100644
index 0000000000..c84715dcd8
--- /dev/null
+++ b/tests/component_tests/button/test_button.py
@@ -0,0 +1,46 @@
+"""Tests for the button component"""
+
+
+def test_button_is_setup(generate_main):
+    """
+    When the button is set in the yaml file if should be registered in main
+    """
+    # Given
+
+    # When
+    main_cpp = generate_main("tests/component_tests/button/test_button.yaml")
+
+    # Then
+    assert "new wake_on_lan::WakeOnLanButton();" in main_cpp
+    assert "App.register_button" in main_cpp
+    assert "App.register_component" in main_cpp
+
+
+def test_button_sets_mandatory_fields(generate_main):
+    """
+    When the mandatory fields are set in the yaml, they should be set in main
+    """
+    # Given
+
+    # When
+    main_cpp = generate_main("tests/component_tests/button/test_button.yaml")
+
+    # Then
+    assert 'wol_1->set_name("wol_test_1");' in main_cpp
+    assert "wol_2->set_macaddr(18, 52, 86, 120, 144, 171);" in main_cpp
+
+
+def test_button_config_value_internal_set(generate_main):
+    """
+    Test that the "internal" config value is correctly set
+    """
+    # Given
+
+    # When
+    main_cpp = generate_main(
+        "tests/component_tests/button/test_button.yaml"
+    )
+
+    # Then
+    assert "wol_1->set_internal(true);" in main_cpp
+    assert "wol_2->set_internal(false);" in main_cpp
diff --git a/tests/component_tests/button/test_button.yaml b/tests/component_tests/button/test_button.yaml
new file mode 100644
index 0000000000..3eac129e8c
--- /dev/null
+++ b/tests/component_tests/button/test_button.yaml
@@ -0,0 +1,21 @@
+esphome:
+  name: test
+  platform: ESP8266
+  board: d1_mini_lite
+
+wifi:
+  ssid: SomeNetwork
+  password: SomePassword
+
+button:
+  - platform: wake_on_lan
+    target_mac_address: 12:34:56:78:90:ab
+    name: wol_test_1
+    id: wol_1
+    internal: true
+  - platform: wake_on_lan
+    target_mac_address: 12:34:56:78:90:ab
+    name: wol_test_2
+    id: wol_2
+    internal: false
+  
diff --git a/tests/test3.yaml b/tests/test3.yaml
index 607d985704..d5df2ac3f2 100644
--- a/tests/test3.yaml
+++ b/tests/test3.yaml
@@ -1350,6 +1350,12 @@ daly_bms:
   update_interval: 20s
   uart_id: uart1
 
+button:
+  - platform: wake_on_lan
+    target_mac_address: 12:34:56:78:90:ab
+    name: wol_test_1
+    id: wol_1
+
 cd74hc4067:
   pin_s0: GPIO12
   pin_s1: GPIO13