diff --git a/pkg/harvester/config/feature-flags.js b/pkg/harvester/config/feature-flags.js
index c5a1fb27..1ca4aa22 100644
--- a/pkg/harvester/config/feature-flags.js
+++ b/pkg/harvester/config/feature-flags.js
@@ -73,7 +73,8 @@ const FEATURE_FLAGS = {
     'supportFilesystem',
     'disableResourcePooling',
     'expandOnlineEncryptedVolume',
-    'longhornV2HugepageSettings'
+    'longhornV2HugepageSettings',
+    'staticIPForVM',
   ],
 };
 
diff --git a/pkg/harvester/config/labels-annotations.js b/pkg/harvester/config/labels-annotations.js
index d61d37f9..960038ac 100644
--- a/pkg/harvester/config/labels-annotations.js
+++ b/pkg/harvester/config/labels-annotations.js
@@ -81,6 +81,7 @@ export const HCI = {
   VOLUME_MODE_ACCESS_MODES:         'cdi.harvesterhci.io/storageProfileVolumeModeAccessModes',
   VOLUME_SNAPSHOT_CLASS:            'cdi.harvesterhci.io/storageProfileVolumeSnapshotClass',
   MAC_ADDRESS:                      'harvesterhci.io/mac-address',
+  STATIC_IP:                        'static-ip.harvesterhci.io',
   NODE_UPGRADE_PAUSE_MAP:           'harvesterhci.io/node-upgrade-pause-map',
   CDI_POPULATOR_KIND:               'cdi.kubevirt.io/storage.populator.kind',
   CNI_NETWORKS:                     'k8s.v1.cni.cncf.io/networks',
diff --git a/pkg/harvester/edit/kubevirt.io.virtualmachine/VirtualMachineNetwork/base.vue b/pkg/harvester/edit/kubevirt.io.virtualmachine/VirtualMachineNetwork/base.vue
index 358e38f7..7d6e5cb0 100644
--- a/pkg/harvester/edit/kubevirt.io.virtualmachine/VirtualMachineNetwork/base.vue
+++ b/pkg/harvester/edit/kubevirt.io.virtualmachine/VirtualMachineNetwork/base.vue
@@ -133,6 +133,10 @@ export default {
       }];
 
       return this.isMasquerade ? masquerade : other;
+    },
+
+    staticIPForVMEnabled() {
+      return this.$store.getters['harvester-common/getFeatureEnabled']('staticIPForVM');
     }
   },
 
@@ -150,6 +154,7 @@ export default {
     isSingle(neu) {
       if (!neu) {
         this.value['macAddress'] = '';
+        this.value['staticIp'] = '';
         this.update();
       }
     }
@@ -163,6 +168,7 @@ export default {
       if (neu === MANAGEMENT_NETWORK) {
         this.value.isPod = true;
         this.value.macAddress = '';
+        this.value.staticIp = '';
       } else {
         this.value.isPod = false;
       }
@@ -289,9 +295,30 @@ export default {
         </a>
       </div>
 
-      <div class="row">
+      <div
+        v-if="showAdvanced"
+        class="row"
+      >
+        <div
+          v-if="staticIPForVMEnabled"
+          data-testid="input-hen-staticIp"
+          class="col span-6"
+        >
+          <InputOrDisplay
+            :name="t('harvester.fields.staticIp')"
+            :value="value.staticIp"
+            :mode="mode"
+          >
+            <LabeledInput
+              v-model:value="value.staticIp"
+              label-key="harvester.fields.staticIp"
+              :mode="mode"
+              :tooltip="t('harvester.virtualMachine.volume.staticIpTip', { nic_name: value.name || 'default' })"
+              @update:value="update"
+            />
+          </InputOrDisplay>
+        </div>
         <div
-          v-if="showAdvanced"
           data-testid="input-hen-macAddress"
           class="col span-6"
         >
diff --git a/pkg/harvester/formatters/HarvesterIpAddress.vue b/pkg/harvester/formatters/HarvesterIpAddress.vue
index 605f5ac9..04eff11d 100644
--- a/pkg/harvester/formatters/HarvesterIpAddress.vue
+++ b/pkg/harvester/formatters/HarvesterIpAddress.vue
@@ -36,6 +36,10 @@ export default {
 
   computed: {
     ips() {
+      if (this.staticAnnotationIP.length) {
+        return this.staticAnnotationIP;
+      }
+
       if (this.vmiIp.length) {
         return [...this.vmiIp, ...this.networkAnnotationIP]
           .filter(Boolean)
@@ -45,6 +49,24 @@ export default {
       return this.customAnnotationIP;
     },
 
+    staticAnnotationIP() {
+      const annotations = this.row?.metadata?.annotations || {};
+      const staticIpPrefix = `${ HCI_ANNOTATIONS.STATIC_IP }/`;
+
+      return Object.entries(annotations)
+        .filter(([key, value]) => key.startsWith(staticIpPrefix) && !!value)
+        .map(([key, value]) => {
+          const nicName = key.slice(staticIpPrefix.length);
+          const ip = String(value).replace(/\/[\d\D]*/, '');
+
+          return {
+            ip,
+            name: nicName
+          };
+        })
+        .filter(({ ip }) => isIpv4(ip));
+    },
+
     customAnnotationIP() {
       const annotationIp = get(this.row, `metadata.annotations."${ HCI_ANNOTATIONS.CUSTOM_IP }"`);
 
diff --git a/pkg/harvester/l10n/en-us.yaml b/pkg/harvester/l10n/en-us.yaml
index a3cd87f5..a3ce542c 100644
--- a/pkg/harvester/l10n/en-us.yaml
+++ b/pkg/harvester/l10n/en-us.yaml
@@ -376,6 +376,7 @@ harvester:
     network: Network
     model: Model
     macAddress: MAC address
+    staticIp: Static IP
     port: Port
     protocol: Protocol
     remove: Remove
@@ -750,6 +751,7 @@ harvester:
       dragTip: Drag and drop volumes, or use the volume's arrows, to change the boot order.
       volumeTip: The virtual machine only contains a CD-ROM volume. You may want to add additional disk volumes.
       macTip: "MAC address as seen inside the guest system."
+      staticIpTip: "Static IP that will be stored to annotation static-ip.harvesterhci.io/{nic_name}."
       volumeUpdate: 'Set volume { name } successfully'
       type: Type
       size: Size
diff --git a/pkg/harvester/mixins/harvester-vm/index.js b/pkg/harvester/mixins/harvester-vm/index.js
index 387ab619..a6a575c1 100644
--- a/pkg/harvester/mixins/harvester-vm/index.js
+++ b/pkg/harvester/mixins/harvester-vm/index.js
@@ -630,6 +630,8 @@ export default {
 
       const networks = vm.spec.template.spec.networks || [];
       const interfaces = vm.spec.template.spec.domain.devices.interfaces || [];
+      const annotations = vm.metadata?.annotations || {};
+      const staticIpPrefix = `${ HCI_ANNOTATIONS.STATIC_IP }/`;
 
       const out = interfaces.map( (I, index) => {
         const network = networks.find( (N) => I.name === N.name);
@@ -646,6 +648,7 @@ export default {
           newCreateId: (fromTemplate || init) ? randomStr(10) : false,
           model:       I.model,
           networkName: isPod ? MANAGEMENT_NETWORK : network?.multus?.networkName,
+          staticIp:    annotations[`${ staticIpPrefix }${ I.name }`] || '',
         };
       });
 
@@ -747,6 +750,8 @@ export default {
 
       const vm = this.resourceType === HCI.VM ? this.value : this.value.spec.vm;
 
+      this.syncStaticIpAnnotations(vm);
+
       // parse reserved memory
       if (!this.reservedMemory) {
         delete vm.metadata.annotations[HCI_ANNOTATIONS.VM_RESERVED_MEMORY];
@@ -768,6 +773,30 @@ export default {
       }
     },
 
+    syncStaticIpAnnotations(vm) {
+      if (!vm?.metadata) {
+        return;
+      }
+
+      if (!vm.metadata.annotations) {
+        vm.metadata.annotations = {};
+      }
+
+      const staticIpPrefix = `${ HCI_ANNOTATIONS.STATIC_IP }/`;
+
+      Object.keys(vm.metadata.annotations).forEach((key) => {
+        if (key.startsWith(staticIpPrefix)) {
+          delete vm.metadata.annotations[key];
+        }
+      });
+
+      this.networkRows.forEach((row) => {
+        if (row.name && row.staticIp) {
+          vm.metadata.annotations[`${ staticIpPrefix }${ row.name }`] = row.staticIp;
+        }
+      });
+    },
+
     setCPUAndMemory() {
       if (this.cpuMemoryHotplugEnabled) {
         // set CPU
@@ -1807,6 +1836,15 @@ export default {
   },
 
   watch: {
+    networkRows: {
+      handler() {
+        const vm = this.resourceType === HCI.VM ? this.value : this.value?.spec?.vm;
+
+        this.syncStaticIpAnnotations(vm);
+      },
+      deep: true
+    },
+
     diskRows: {
       handler(neu, old) {
         if (Array.isArray(neu)) {