diff --git a/cloudstack/resource_cloudstack_ipaddress.go b/cloudstack/resource_cloudstack_ipaddress.go
index c7db4ac0..158176a3 100644
--- a/cloudstack/resource_cloudstack_ipaddress.go
+++ b/cloudstack/resource_cloudstack_ipaddress.go
@@ -69,7 +69,9 @@ func resourceCloudStackIPAddress() *schema.Resource {
 
 			"ip_address": {
 				Type:     schema.TypeString,
+				Optional: true,
 				Computed: true,
+				ForceNew: true,
 			},
 
 			"is_source_nat": {
@@ -125,6 +127,10 @@ func resourceCloudStackIPAddressCreate(d *schema.ResourceData, meta interface{})
 		return err
 	}
 
+	if ipaddress, ok := d.GetOk("ip_address"); ok {
+		p.SetIpaddress(ipaddress.(string))
+	}
+
 	// Associate a new IP address
 	r, err := cs.Address.AssociateIpAddress(p)
 	if err != nil {
diff --git a/cloudstack/resource_cloudstack_ipaddress_test.go b/cloudstack/resource_cloudstack_ipaddress_test.go
index 82b8ffce..37ec68f6 100644
--- a/cloudstack/resource_cloudstack_ipaddress_test.go
+++ b/cloudstack/resource_cloudstack_ipaddress_test.go
@@ -68,6 +68,27 @@ func TestAccCloudStackIPAddress_vpc(t *testing.T) {
 	})
 }
 
+func TestAccCloudStackIPAddress_specificIP(t *testing.T) {
+	var ipaddr cloudstack.PublicIpAddress
+
+	resource.Test(t, resource.TestCase{
+		PreCheck:     func() { testAccPreCheck(t) },
+		Providers:    testAccProviders,
+		CheckDestroy: testAccCheckCloudStackIPAddressDestroy,
+		Steps: []resource.TestStep{
+			{
+				Config: testAccCloudStackIPAddress_specificIP,
+				Check: resource.ComposeTestCheckFunc(
+					testAccCheckCloudStackIPAddressExists(
+						"cloudstack_ipaddress.foo", &ipaddr),
+					resource.TestCheckResourceAttr(
+						"cloudstack_ipaddress.foo", "ip_address", "10.2.2.11"),
+				),
+			},
+		},
+	})
+}
+
 func TestAccCloudStackIPAddress_vpcid_with_network_id(t *testing.T) {
 
 	regex := regexp.MustCompile("set only network_id or vpc_id")
@@ -164,6 +185,46 @@ resource "cloudstack_ipaddress" "foo" {
   zone = cloudstack_vpc.foo.zone
 }`
 
+const testAccCloudStackIPAddress_specificIP = `
+data "cloudstack_zone" "zone" {
+  filter {
+    name  = "name"
+    value = "Sandbox-simulator"
+  }
+}
+
+data "cloudstack_physical_network" "pn" {
+  filter {
+    name  = "zone_name"
+    value = "Sandbox-simulator"
+  }
+}
+
+resource "cloudstack_vlan_ip_range" "foo" {
+  physical_network_id = data.cloudstack_physical_network.pn.id
+  zone_id              = data.cloudstack_zone.zone.id
+  for_virtual_network  = true
+  vlan                 = "vlan://456"
+  gateway              = "10.2.2.1"
+  netmask              = "255.255.255.0"
+  start_ip             = "10.2.2.10"
+  end_ip               = "10.2.2.11"
+}
+
+resource "cloudstack_network" "foo" {
+  name = "terraform-network"
+  display_text = "terraform-network"
+  cidr = "10.1.1.0/24"
+  network_offering = "DefaultIsolatedNetworkOfferingWithSourceNatService"
+  source_nat_ip = true
+  zone = "Sandbox-simulator"
+}
+
+resource "cloudstack_ipaddress" "foo" {
+  network_id = cloudstack_network.foo.id
+  ip_address = cloudstack_vlan_ip_range.foo.end_ip
+}`
+
 const testAccCloudStackIPAddress_vpcid_with_network_id = `
 resource "cloudstack_vpc" "foo" {
   name = "terraform-vpc"
diff --git a/website/docs/r/ipaddress.html.markdown b/website/docs/r/ipaddress.html.markdown
index 27bcbd20..40c2cca1 100644
--- a/website/docs/r/ipaddress.html.markdown
+++ b/website/docs/r/ipaddress.html.markdown
@@ -37,6 +37,11 @@ The following arguments are supported:
 * `project` - (Optional) The name or ID of the project to deploy this
     instance to. Changing this forces a new resource to be created.
 
+* `ip_address` - (Optional) A specific IP address to acquire from the available
+    pool (e.g. from a `cloudstack_vlan_ip_range` dedicated to an account). If
+    not set, CloudStack auto-selects the next free address. Changing this
+    forces a new resource to be created.
+
 *NOTE: `network_id` and/or `zone` should have a value when `is_portable` is `false`!*
 *NOTE: Either `network_id` or `vpc_id` should have a value when `is_portable` is `true`!*