diff --git a/src/qml/bitcoin_qml.qrc b/src/qml/bitcoin_qml.qrc
index ae36776d5a..1c98e6dc6d 100644
--- a/src/qml/bitcoin_qml.qrc
+++ b/src/qml/bitcoin_qml.qrc
@@ -26,6 +26,7 @@
         <file>controls/Header.qml</file>
         <file>controls/Icon.qml</file>
         <file>controls/InformationPage.qml</file>
+        <file>controls/IPAddressValueInput.qml</file>
         <file>controls/NavButton.qml</file>
         <file>controls/PageIndicator.qml</file>
         <file>controls/NavigationBar.qml</file>
diff --git a/src/qml/components/ProxySettings.qml b/src/qml/components/ProxySettings.qml
index 5165db7bce..0e6d7b99ce 100644
--- a/src/qml/components/ProxySettings.qml
+++ b/src/qml/components/ProxySettings.qml
@@ -47,11 +47,12 @@ ColumnLayout {
         actionItem: ValueInput {
             parentState: defaultProxy.state
             description: "127.0.0.1:9050"
-            onEditingFinished: {
-                defaultProxy.forceActiveFocus()
-            }
+            activeFocusOnTab: true
+        }
+        onClicked: {
+            loadedItem.filled = true
+            loadedItem.forceActiveFocus()
         }
-        onClicked: loadedItem.forceActiveFocus()
     }
     Separator { Layout.fillWidth: true }
     Header {
@@ -93,11 +94,12 @@ ColumnLayout {
         actionItem: ValueInput {
             parentState: torProxy.state
             description: "127.0.0.1:9050"
-            onEditingFinished: {
-                torProxy.forceActiveFocus()
-            }
+            activeFocusOnTab: true
+        }
+        onClicked: {
+            loadedItem.filled = true
+            loadedItem.forceActiveFocus()
         }
-        onClicked: loadedItem.forceActiveFocus()
     }
     Separator { Layout.fillWidth: true }
 }
diff --git a/src/qml/controls/IPAddressValueInput.qml b/src/qml/controls/IPAddressValueInput.qml
new file mode 100644
index 0000000000..102af1721b
--- /dev/null
+++ b/src/qml/controls/IPAddressValueInput.qml
@@ -0,0 +1,83 @@
+// Copyright (c) 2024 The Bitcoin Core developers
+// Distributed under the MIT software license, see the accompanying
+// file COPYING or http://www.opensource.org/licenses/mit-license.php.
+
+import QtQuick 2.15
+import QtQuick.Controls 2.15
+
+TextInput {
+    id: root
+    required property string parentState
+    property string description: ""
+    property bool filled: false
+    property int descriptionSize: 18
+    property color textColor: root.filled ? Theme.color.neutral9 : Theme.color.neutral5
+    // Expose a property to indicate validity, initial value will be true (no error message displayed)
+    // if both properties errortText and description are set
+    property bool validInput: description!=="" && errorText!==""
+    enabled: true
+    state: root.parentState
+    validator: RegExpValidator { regExp: /[0-9.:]*/ } // Allow only digits, dots, and colons
+
+    maximumLength: 21
+
+    states: [
+        State {
+            name: "ACTIVE"
+            PropertyChanges { target: root; textColor: Theme.color.orange }
+        },
+        State {
+            name: "HOVER"
+            PropertyChanges {
+                target: root
+                textColor: root.filled ? Theme.color.orangeLight1 : Theme.color.neutral5
+            }
+        },
+        State {
+            name: "DISABLED"
+            PropertyChanges {
+                target: root
+                enabled: false
+                textColor: Theme.color.neutral4
+            }
+        }
+    ]
+
+    font.family: "Inter"
+    font.styleName: "Regular"
+    font.pixelSize: root.descriptionSize
+    color: root.textColor
+    text: root.description
+    horizontalAlignment: Text.AlignRight
+    wrapMode: Text.WordWrap
+
+    Behavior on color {
+        ColorAnimation { duration: 150 }
+    }
+
+    function isValidIPPort(input)
+    {
+        var parts = input.split(":");
+        if (parts.length !== 2) return false;
+        if (parts[1].length === 0) return false; // port part is empty
+        var ipAddress = parts[0];
+        var ipAddressParts = ipAddress.split(".");
+        if (ipAddressParts.length !== 4) return false;
+        for (var i = 0; (i < ipAddressParts.length); i++) {
+            if (ipAddressParts[i].length === 0) return false; // ip group number part is empty
+            if (parseInt(ipAddressParts[i]) > 255) return false;
+        }
+        var port = parseInt(parts[1]);
+        if (port < 1 || port > 65535) return false;
+        return true;
+    }
+
+    // Connections element to ensure validation on editing finished
+    Connections {
+        target: root
+        onEditingFinished: {
+            // Validate the input whenever editing is finished
+            validInput = isValidIPPort(root.text);
+        }
+    }
+}