diff --git a/docs/release-notes/version-2.6.md b/docs/release-notes/version-2.6.md
index 792e8990a..1bc1c136b 100644
--- a/docs/release-notes/version-2.6.md
+++ b/docs/release-notes/version-2.6.md
@@ -2,6 +2,7 @@
 
 ## Enhancements
 
+* [#3509](https://github.com/netbox-community/netbox/issues/3509) - Added IPAddressVar for custom scripts
 * [#3525](https://github.com/netbox-community/netbox/issues/3525) - Enable IP address filtering with multiple address terms
 
 ## Bug Fixes
@@ -42,7 +43,7 @@
 * [#3872](https://github.com/netbox-community/netbox/issues/3872) - Paginate related IPs on the IP address view
 * [#3876](https://github.com/netbox-community/netbox/issues/3876) - Fix minimum/maximum value rendering for site ASN field
 * [#3882](https://github.com/netbox-community/netbox/issues/3882) - Fix filtering of devices by rack group
-* [#3898](https://github.com/netbox-community/netbox/issues/3898) - Fix references to deleted cables without a label 
+* [#3898](https://github.com/netbox-community/netbox/issues/3898) - Fix references to deleted cables without a label
 * [#3905](https://github.com/netbox-community/netbox/issues/3905) - Fix divide-by-zero on power feeds with low power values
 
 ---
diff --git a/netbox/extras/scripts.py b/netbox/extras/scripts.py
index 4876595a3..4ea4765d7 100644
--- a/netbox/extras/scripts.py
+++ b/netbox/extras/scripts.py
@@ -14,7 +14,7 @@ from django.db import transaction
 from mptt.forms import TreeNodeChoiceField, TreeNodeMultipleChoiceField
 from mptt.models import MPTTModel
 
-from ipam.formfields import IPFormField
+from ipam.formfields import IPAddressFormField, IPNetworkFormField
 from utilities.exceptions import AbortTransaction
 from utilities.validators import MaxPrefixLengthValidator, MinPrefixLengthValidator
 from .constants import LOG_DEFAULT, LOG_FAILURE, LOG_INFO, LOG_SUCCESS, LOG_WARNING
@@ -27,6 +27,7 @@ __all__ = [
     'ChoiceVar',
     'FileVar',
     'IntegerVar',
+    'IPAddressVar',
     'IPNetworkVar',
     'MultiObjectVar',
     'ObjectVar',
@@ -196,11 +197,18 @@ class FileVar(ScriptVariable):
     form_field = forms.FileField
 
 
+class IPAddressVar(ScriptVariable):
+    """
+    An IPv4 or IPv6 address.
+    """
+    form_field = IPAddressFormField
+
+
 class IPNetworkVar(ScriptVariable):
     """
     An IPv4 or IPv6 prefix.
     """
-    form_field = IPFormField
+    form_field = IPNetworkFormField
 
     def __init__(self, min_prefix_length=None, max_prefix_length=None, *args, **kwargs):
         super().__init__(*args, **kwargs)
diff --git a/netbox/ipam/fields.py b/netbox/ipam/fields.py
index 845820432..da750a09c 100644
--- a/netbox/ipam/fields.py
+++ b/netbox/ipam/fields.py
@@ -3,7 +3,7 @@ from django.db import models
 from netaddr import AddrFormatError, IPNetwork, IPAddress
 
 from . import lookups
-from .formfields import IPFormField
+from .formfields import IPNetworkFormField
 
 
 def prefix_validator(prefix):
@@ -40,7 +40,7 @@ class BaseIPField(models.Field):
         return str(self.to_python(value))
 
     def form_class(self):
-        return IPFormField
+        return IPNetworkFormField
 
     def formfield(self, **kwargs):
         defaults = {'form_class': self.form_class()}
diff --git a/netbox/ipam/formfields.py b/netbox/ipam/formfields.py
index 2909a54b1..d76351f33 100644
--- a/netbox/ipam/formfields.py
+++ b/netbox/ipam/formfields.py
@@ -1,13 +1,35 @@
 from django import forms
 from django.core.exceptions import ValidationError
-from netaddr import IPNetwork, AddrFormatError
+from netaddr import IPAddress, IPNetwork, AddrFormatError
 
 
 #
 # Form fields
 #
 
-class IPFormField(forms.Field):
+class IPAddressFormField(forms.Field):
+    default_error_messages = {
+        'invalid': "Enter a valid IPv4 or IPv6 address (without CIDR mask).",
+    }
+
+    def to_python(self, value):
+        if not value:
+            return None
+
+        if isinstance(value, IPAddress):
+            return value
+
+        # Prevent CIDR masks; an IPAddress doesn't have one
+        if len(value.split('/')) != 1:
+            raise ValidationError('CIDR mask (e.g. /24) is not allowed.')
+
+        try:
+            return IPAddress(value)
+        except AddrFormatError:
+            raise ValidationError("Please specify a valid IPv4 or IPv6 address.")
+
+
+class IPNetworkFormField(forms.Field):
     default_error_messages = {
         'invalid': "Enter a valid IPv4 or IPv6 address (with CIDR mask).",
     }