diff --git a/dev-embedded/esp-idf/esp-idf-5.4-r1.ebuild b/dev-embedded/esp-idf/esp-idf-5.4-r1.ebuild
new file mode 100644
index 0000000000..6e5af7c433
--- /dev/null
+++ b/dev-embedded/esp-idf/esp-idf-5.4-r1.ebuild
@@ -0,0 +1,170 @@
+# Copyright 1999-2024 Gentoo Authors
+# Distributed under the terms of the GNU General Public License v2
+
+EAPI=8
+
+PYTHON_COMPAT=( python3_{11..13} )
+
+VER="14.2.0_20241119"
+GDB_VER="14.2_20240403"
+OPENOCD_VER="0.12.0-esp32-20241016"
+
+CROSSTOOL_URL="https://github.com/espressif/crosstool-NG/releases/download/esp-${VER}"
+
+inherit estack optfeature python-r1
+
+DESCRIPTION="Espressif IoT Development Framework"
+HOMEPAGE="https://www.espressif.com/"
+
+# See https://dl.espressif.com/dl/esp-idf/espidf.constraints.v5.3.txt for information about version dependencies
+
+SRC_URI="https://dl.espressif.com/github_assets/espressif/${PN}/releases/download/v${PV}/${PN}-v${PV}.zip -> ${P}.zip
+	https://github.com/espressif/openocd-esp32/releases/download/v${OPENOCD_VER}/openocd-esp32-linux-amd64-${OPENOCD_VER}.tar.gz
+	https://github.com/espressif/binutils-gdb/releases/download/esp-gdb-v${GDB_VER}/xtensa-esp-elf-gdb-${GDB_VER}-x86_64-linux-gnu.tar.gz"
+SRC_URI+=" ${CROSSTOOL_URL}/xtensa-esp-elf-${VER}-x86_64-linux-gnu.tar.xz"
+SRC_URI+=" riscv32? (
+	${CROSSTOOL_URL}/riscv32-esp-elf-${VER}-x86_64-linux-gnu.tar.xz
+	https://github.com/espressif/binutils-gdb/releases/download/esp-gdb-v${GDB_VER}/riscv32-esp-elf-gdb-${GDB_VER}-x86_64-linux-gnu.tar.gz
+)"
+
+S="${WORKDIR}/${PN}-v${PV}"
+
+LICENSE="Apache-2.0"
+SLOT="0"
+KEYWORDS="~amd64"
+
+IUSE="riscv32"
+REQUIRED_USE="${PYTHON_REQUIRED_USE}"
+
+BDEPEND="app-arch/unzip"
+RDEPEND="
+	${PYTHON_DEPS}
+
+	dev-libs/libusb:1
+	dev-python/click[${PYTHON_USEDEP}]
+	dev-python/pyserial[${PYTHON_USEDEP}]
+	dev-python/cryptography[${PYTHON_USEDEP}]
+	dev-python/pyparsing[${PYTHON_USEDEP}]
+	dev-python/pyelftools[${PYTHON_USEDEP}]
+	dev-embedded/esp-coredump[${PYTHON_USEDEP}]
+	dev-embedded/esptool
+	dev-embedded/esp-idf-kconfig[${PYTHON_USEDEP}]
+	dev-embedded/esp-idf-monitor[${PYTHON_USEDEP}]
+	dev-embedded/esp-idf-nvs-partition-gen[${PYTHON_USEDEP}]
+	dev-embedded/esp-idf-panic-decoder[${PYTHON_USEDEP}]
+	dev-embedded/esp-idf-size[${PYTHON_USEDEP}]
+	dev-embedded/freertos-gdb[${PYTHON_USEDEP}]
+	dev-embedded/idf-component-manager[${PYTHON_USEDEP}]
+	sys-libs/zlib
+"
+
+RESTRICT="strip"
+
+QA_PREBUILT="opt/* usr/lib* usr/share/esp-idf/*"
+QA_PRESTRIPPED="opt/*"
+
+PATCHES=(
+	"${FILESDIR}/allow-system-install-${PN}-5.3.patch"
+)
+
+install_tool() {
+	eshopts_push -s globstar
+
+	into /opt/${1}
+
+	if [[ -d "../${1}/lib" ]]; then
+		if stat *.so &>/dev/null; then
+		for i in ../${1}/lib/**/*.so*; do
+			dolib.so ${i}
+		done
+		fi
+
+		if stat *.a &>/dev/null; then
+		for i in ../${1}/lib/**/*.a*; do
+			dolib.a ${i}
+		done
+		fi
+
+		insinto /opt/${1}/lib
+		doins -r ../${1}/lib/*
+	fi
+
+	exeinto /opt/${1}/bin
+	doexe ../${1}/bin/*
+	(
+	cd ../${1}
+	for i in libexec/**/*; do
+		exeinto /opt/${1}/$(dirname ${i})
+		if [[ -x "${i}" && ! -d "${i}" ]]; then
+			doexe ${i}
+		fi
+	done
+
+	if [[ -d "include" ]]; then
+		insinto /opt/${1}
+		doins -r include
+	fi
+
+	if [[ -d "share" ]]; then
+		insinto /opt/${1}
+		doins -r share
+	fi
+	)
+
+	(
+		cd "${D}"/opt/${1}/bin/ || die
+		for i in *; do
+			dodir /opt/bin
+			cd "${D}"/opt/bin || die
+			dosym ../${1}/bin/${i} /opt/bin/${i}
+		done
+	)
+
+	eshopts_pop
+}
+
+src_install() {
+	echo "v${PV}" > version.txt || die
+
+	newbin - idf <<-EOF
+	#!/bin/sh
+
+	# Silence a warning by idf.py
+	export IDF_PYTHON_ENV_PATH=
+	exec python /usr/share/${PN}/tools/idf.py \$@
+EOF
+
+	install_tool xtensa-esp-elf
+	install_tool xtensa-esp-elf/xtensa-esp-elf
+
+	if use riscv32; then
+		install_tool riscv32-esp-elf
+		install_tool riscv32-esp-elf/riscv32-esp-elf
+	fi
+
+	install_tool openocd-esp32
+
+	# Remove unsupported python versions
+	rm "${WORKDIR}"/xtensa-esp-elf-gdb/bin/xtensa-esp-elf-gdb-3.{8..10} || die
+	install_tool xtensa-esp-elf-gdb
+	if use riscv32; then
+		install_tool riscv32-esp-elf-gdb
+	fi
+
+	cat - > 99esp-idf <<EOF
+	IDF_PATH=/usr/share/${PN}
+	ESP_ROM_ELF_DIR=/usr/share/${PN}/tools
+	OPENOCD_SCRIPTS=/opt/openocd-esp32/share/openocd/scripts
+EOF
+	doenvd 99esp-idf
+
+	insinto /usr/share/${PN}
+
+	rm -r .git || die
+	find . -name ".git" -exec rm -rf {} \; || die
+	doins -r .
+}
+
+pkg_postinst() {
+	optfeature "gdbgui target" dev-debug/gdbgui
+}