diff --git a/CODEOWNERS b/CODEOWNERS
index 180024cd37..f202936972 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -406,6 +406,7 @@ esphome/components/tca9555/* @mobrembski
 esphome/components/tcl112/* @glmnet
 esphome/components/tee501/* @Stock-M
 esphome/components/teleinfo/* @0hax
+esphome/components/tem3200/* @bakerkj
 esphome/components/template/alarm_control_panel/* @grahambrown11 @hwstar
 esphome/components/template/datetime/* @rfdarter
 esphome/components/template/event/* @nohat
diff --git a/esphome/components/tem3200/__init__.py b/esphome/components/tem3200/__init__.py
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/esphome/components/tem3200/sensor.py b/esphome/components/tem3200/sensor.py
new file mode 100644
index 0000000000..5cd27433d0
--- /dev/null
+++ b/esphome/components/tem3200/sensor.py
@@ -0,0 +1,55 @@
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome.components import i2c, sensor
+
+from esphome.const import (
+    CONF_ID,
+    CONF_TEMPERATURE,
+    DEVICE_CLASS_TEMPERATURE,
+    STATE_CLASS_MEASUREMENT,
+    UNIT_CELSIUS,
+)
+
+CODEOWNERS = ["@bakerkj"]
+DEPENDENCIES = ["i2c"]
+
+tem3200_ns = cg.esphome_ns.namespace("tem3200")
+
+TEM3200Component = tem3200_ns.class_(
+    "TEM3200Component", cg.PollingComponent, i2c.I2CDevice
+)
+
+CONF_RAW_PRESSURE = "raw_pressure"
+
+CONFIG_SCHEMA = (
+    cv.Schema(
+        {
+            cv.GenerateID(): cv.declare_id(TEM3200Component),
+            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,
+            ),
+            cv.Optional(CONF_RAW_PRESSURE): sensor.sensor_schema(
+                accuracy_decimals=0, state_class=STATE_CLASS_MEASUREMENT
+            ),
+        }
+    )
+    .extend(cv.polling_component_schema("60s"))
+    .extend(i2c.i2c_device_schema(0x28))
+)
+
+
+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 temperature_config := config.get(CONF_TEMPERATURE):
+        sens = await sensor.new_sensor(temperature_config)
+        cg.add(var.set_temperature_sensor(sens))
+
+    if raw_pressure_config := config.get(CONF_RAW_PRESSURE):
+        sens = await sensor.new_sensor(raw_pressure_config)
+        cg.add(var.set_raw_pressure_sensor(sens))
diff --git a/esphome/components/tem3200/tem3200.cpp b/esphome/components/tem3200/tem3200.cpp
new file mode 100644
index 0000000000..d8ce48af90
--- /dev/null
+++ b/esphome/components/tem3200/tem3200.cpp
@@ -0,0 +1,151 @@
+#include "tem3200.h"
+#include "esphome/core/log.h"
+#include "esphome/core/helpers.h"
+#include "esphome/core/hal.h"
+
+namespace esphome {
+namespace tem3200 {
+
+static const char *const TAG = "tem3200";
+
+enum ErrorCode {
+  NONE = 0,
+  RESERVED = 1,
+  STALE = 2,
+  FAULT = 3,
+};
+
+void TEM3200Component::setup() {
+  ESP_LOGCONFIG(TAG, "Setting up TEM3200...");
+
+  uint8_t status(NONE);
+  uint16_t raw_temperature(0);
+  uint16_t raw_pressure(0);
+
+  i2c::ErrorCode err = this->read_(status, raw_temperature, raw_pressure);
+  if (err != i2c::ERROR_OK) {
+    ESP_LOGCONFIG(TAG, "    I2C Communication Failed...");
+    this->mark_failed();
+    return;
+  }
+
+  switch (status) {
+    case RESERVED:
+      ESP_LOGE(TAG, "Invalid RESERVED Device Status");
+      this->mark_failed();
+      return;
+    case FAULT:
+      ESP_LOGE(TAG, "FAULT condition in the SSC or sensing element");
+      this->mark_failed();
+      return;
+    case STALE:
+      ESP_LOGE(TAG, "STALE data. Data has not been updated since last fetch");
+      this->status_set_warning();
+      break;
+  }
+  ESP_LOGCONFIG(TAG, "    Success...");
+}
+
+void TEM3200Component::dump_config() {
+  ESP_LOGCONFIG(TAG, "TEM3200:");
+  LOG_I2C_DEVICE(this);
+  LOG_UPDATE_INTERVAL(this);
+  LOG_SENSOR("  ", "Raw Pressure", this->raw_pressure_sensor_);
+  LOG_SENSOR("  ", "Temperature", this->temperature_sensor_);
+}
+
+float TEM3200Component::get_setup_priority() const { return setup_priority::DATA; }
+
+i2c::ErrorCode TEM3200Component::read_(uint8_t &status, uint16_t &raw_temperature, uint16_t &raw_pressure) {
+  uint8_t response[4] = {0x00, 0x00, 0x00, 0x00};
+
+  // initiate data read
+  i2c::ErrorCode err = this->read(response, 4);
+  if (err != i2c::ERROR_OK) {
+    return err;
+  }
+
+  // extract top 2 bits of first byte for status
+  status = (ErrorCode) (response[0] & 0xc0) >> 6;
+  if (status == RESERVED || status == FAULT) {
+    return i2c::ERROR_OK;
+  }
+
+  // if data is stale; reread
+  if (status == STALE) {
+    // wait for measurement 2ms
+    delay(2);
+
+    err = this->read(response, 4);
+    if (err != i2c::ERROR_OK) {
+      return err;
+    }
+  }
+
+  // extract top 2 bits of first byte for status
+  status = (ErrorCode) (response[0] & 0xc0) >> 6;
+  if (status == RESERVED || status == FAULT) {
+    return i2c::ERROR_OK;
+  }
+
+  // extract top 6 bits of first byte and all bits of second byte for pressure
+  raw_pressure = (((response[0] & 0x3f)) << 8 | response[1]);
+
+  // extract all bytes of 3rd byte and top 3 bits of fourth byte for temperature
+  raw_temperature = ((response[2] << 3) | (response[3] & 0xe0) >> 5);
+
+  return i2c::ERROR_OK;
+}
+
+inline float convert_temperature(uint16_t raw_temperature) {
+  const float temperature_bits_span = 2048;
+  const float temperature_max = 150;
+  const float temperature_min = -50;
+  const float temperature_span = temperature_max - temperature_min;
+
+  float temperature = (raw_temperature * temperature_span / temperature_bits_span) + temperature_min;
+
+  return temperature;
+}
+
+void TEM3200Component::update() {
+  uint8_t status(NONE);
+  uint16_t raw_temperature(0);
+  uint16_t raw_pressure(0);
+  i2c::ErrorCode err = this->read_(status, raw_temperature, raw_pressure);
+
+  if (err != i2c::ERROR_OK) {
+    ESP_LOGW(TAG, "I2C Communication Failed");
+    this->status_set_warning();
+    return;
+  }
+
+  switch (status) {
+    case RESERVED:
+      ESP_LOGE(TAG, "Failed: Device return RESERVED status");
+      this->status_set_warning();
+      return;
+    case FAULT:
+      ESP_LOGE(TAG, "Failed: FAULT condition in the SSC or sensing element");
+      this->mark_failed();
+      return;
+    case STALE:
+      ESP_LOGE(TAG, "Warning: STALE data. Data has not been updated since last fetch");
+      this->status_set_warning();
+      return;
+  }
+
+  float temperature = convert_temperature(raw_temperature);
+
+  ESP_LOGD(TAG, "Got raw pressure=%d, temperature=%.1f°C", raw_pressure, temperature);
+
+  if (this->temperature_sensor_ != nullptr)
+    this->temperature_sensor_->publish_state(temperature);
+  if (this->raw_pressure_sensor_ != nullptr)
+    this->raw_pressure_sensor_->publish_state(raw_pressure);
+
+  this->status_clear_warning();
+}
+
+}  // namespace tem3200
+}  // namespace esphome
diff --git a/esphome/components/tem3200/tem3200.h b/esphome/components/tem3200/tem3200.h
new file mode 100644
index 0000000000..c84a2aba21
--- /dev/null
+++ b/esphome/components/tem3200/tem3200.h
@@ -0,0 +1,30 @@
+#pragma once
+
+#include "esphome/core/component.h"
+#include "esphome/components/sensor/sensor.h"
+#include "esphome/components/i2c/i2c.h"
+
+namespace esphome {
+namespace tem3200 {
+
+/// This class implements support for the tem3200 pressure and temperature i2c sensors.
+class TEM3200Component : public PollingComponent, public i2c::I2CDevice {
+ public:
+  void set_temperature_sensor(sensor::Sensor *temperature_sensor) { this->temperature_sensor_ = temperature_sensor; }
+  void set_raw_pressure_sensor(sensor::Sensor *raw_pressure_sensor) {
+    this->raw_pressure_sensor_ = raw_pressure_sensor;
+  }
+
+  float get_setup_priority() const override;
+  void setup() override;
+  void dump_config() override;
+  void update() override;
+
+ protected:
+  i2c::ErrorCode read_(uint8_t &status, uint16_t &raw_temperature, uint16_t &raw_pressure);
+  sensor::Sensor *temperature_sensor_{nullptr};
+  sensor::Sensor *raw_pressure_sensor_{nullptr};
+};
+
+}  // namespace tem3200
+}  // namespace esphome
diff --git a/tests/components/tem3200/common.yaml b/tests/components/tem3200/common.yaml
new file mode 100644
index 0000000000..392c853bf4
--- /dev/null
+++ b/tests/components/tem3200/common.yaml
@@ -0,0 +1,16 @@
+i2c:
+  id: i2c_bus
+  scl: ${scl_pin}
+  sda: ${sda_pin}
+  frequency: 200kHz
+
+sensor:
+  - platform: tem3200
+    update_interval: 1s
+    i2c_id: i2c_bus
+
+    temperature:
+      name: water temperature
+
+    raw_pressure:
+      name: water pressure
diff --git a/tests/components/tem3200/test.esp32-ard.yaml b/tests/components/tem3200/test.esp32-ard.yaml
new file mode 100644
index 0000000000..3b761d3fc1
--- /dev/null
+++ b/tests/components/tem3200/test.esp32-ard.yaml
@@ -0,0 +1,5 @@
+substitutions:
+  scl_pin: GPIO22
+  sda_pin: GPIO21
+
+<<: !include common.yaml
diff --git a/tests/components/tem3200/test.esp32-idf.yaml b/tests/components/tem3200/test.esp32-idf.yaml
new file mode 100644
index 0000000000..3b761d3fc1
--- /dev/null
+++ b/tests/components/tem3200/test.esp32-idf.yaml
@@ -0,0 +1,5 @@
+substitutions:
+  scl_pin: GPIO22
+  sda_pin: GPIO21
+
+<<: !include common.yaml
diff --git a/tests/components/tem3200/test.esp32-s3-ard.yaml b/tests/components/tem3200/test.esp32-s3-ard.yaml
new file mode 100644
index 0000000000..4942e3c2b3
--- /dev/null
+++ b/tests/components/tem3200/test.esp32-s3-ard.yaml
@@ -0,0 +1,5 @@
+substitutions:
+  scl_pin: GPIO40
+  sda_pin: GPIO41
+
+<<: !include common.yaml
diff --git a/tests/components/tem3200/test.esp32-s3-idf.yaml b/tests/components/tem3200/test.esp32-s3-idf.yaml
new file mode 100644
index 0000000000..4942e3c2b3
--- /dev/null
+++ b/tests/components/tem3200/test.esp32-s3-idf.yaml
@@ -0,0 +1,5 @@
+substitutions:
+  scl_pin: GPIO40
+  sda_pin: GPIO41
+
+<<: !include common.yaml
diff --git a/tests/components/tem3200/test.esp8266-ard.yaml b/tests/components/tem3200/test.esp8266-ard.yaml
new file mode 100644
index 0000000000..3be5e53dcb
--- /dev/null
+++ b/tests/components/tem3200/test.esp8266-ard.yaml
@@ -0,0 +1,5 @@
+substitutions:
+  scl_pin: GPIO05
+  sda_pin: GPIO04
+
+<<: !include common.yaml