diff --git a/components/modules/eth.c b/components/modules/eth.c
index cc3a98b1..2823616c 100644
--- a/components/modules/eth.c
+++ b/components/modules/eth.c
@@ -193,6 +193,58 @@ static int leth_get_mac( lua_State *L )
   return 1;
 }
 
+static int leth_set_ip(lua_State *L )
+{
+  tcpip_adapter_ip_info_t ipInfo;
+  tcpip_adapter_dns_info_t dnsinfo;
+  size_t len;
+  const char *str;
+
+  ip_addr_t ipAddr;
+  ipAddr.type = IPADDR_TYPE_V4;
+
+  luaL_checkanytable (L, 1);
+
+  //memset(&ipInfo, 0, sizeof(tcpip_adapter_ip_info_t));
+
+  lua_getfield (L, 1, "ip");
+  str = luaL_checklstring (L, -1, &len);
+  if(!ipaddr_aton(str, &ipAddr))
+  {
+    return luaL_error(L, "Could not parse IP address, aborting");
+  }
+  ipInfo.ip = ipAddr.u_addr.ip4;
+
+  lua_getfield (L, 1, "netmask");
+  str = luaL_checklstring (L, -1, &len);
+  if(!ipaddr_aton(str, &ipAddr))
+  {
+    return luaL_error(L, "Could not parse Netmask, aborting");
+  }
+  ipInfo.netmask = ipAddr.u_addr.ip4;
+
+  lua_getfield (L, 1, "gateway");
+  str = luaL_checklstring (L, -1, &len);
+  if(!ipaddr_aton(str, &ipAddr))
+  {
+    return luaL_error(L, "Could not parse Gateway address, aborting");
+  }
+  ipInfo.gw = ipAddr.u_addr.ip4;
+
+  lua_getfield (L, 1, "dns");
+  str = luaL_optlstring(L, -1, str, &len);
+  if(!ipaddr_aton(str, &dnsinfo.ip))
+  {
+    return luaL_error(L, "Could not parse DNS address, aborting");
+  }
+
+  ESP_ERROR_CHECK(tcpip_adapter_dhcpc_stop(ESP_IF_ETH));
+  tcpip_adapter_set_ip_info(ESP_IF_ETH, &ipInfo);
+  tcpip_adapter_set_dns_info(ESP_IF_ETH, TCPIP_ADAPTER_DNS_MAIN, &dnsinfo);
+
+  return 0;
+}
+
 static int leth_get_speed( lua_State *L )
 {
   eth_speed_mode_t speed = esp_eth_get_speed();
@@ -293,6 +345,7 @@ LROT_BEGIN(eth)
   LROT_FUNCENTRY( get_speed,  leth_get_speed )
   LROT_FUNCENTRY( get_mac,    leth_get_mac )
   LROT_FUNCENTRY( set_mac,    leth_set_mac )
+  LROT_FUNCENTRY( set_ip,     leth_set_ip )
 
   LROT_NUMENTRY( PHY_LAN8720, ETH_PHY_LAN8720 )
   LROT_NUMENTRY( PHY_TLK110,  ETH_PHY_TLK110 )
diff --git a/docs/modules/eth.md b/docs/modules/eth.md
index 98aaa831..a3fbf7fb 100644
--- a/docs/modules/eth.md
+++ b/docs/modules/eth.md
@@ -154,3 +154,33 @@ eth.set_mac(mac)
 `nil`
 
 An error is thrown in case of invalid parameters or if the ethernet driver failed.
+
+
+## eth.set_ip()
+
+Sets IP address, netmask, gateway, dns address of the ethernet.
+
+Options set by this function are not saved to flash.
+
+#### Syntax
+`eth.set_ip(cfg)`
+
+#### Parameters
+- `cfg` table to hold configuration:
+    - `ip` device ip address.
+    - `netmask` network netmask.
+    - `gateway` gateway address.
+    - `dns` name server address.
+
+#### Returns 
+`nil`
+
+#### Example
+```lua
+  cfg={}
+  cfg.ip=192.168.0.10
+  cfg.netmask=255.255.255.0
+  cfg.gateway=192.168.0.1
+  cfg.dns=8.8.8.8
+  eth.set_ip(cfg)
+```