diff --git a/doc/interfaces.scd b/doc/interfaces.scd
index c8be881..9d51481 100644
--- a/doc/interfaces.scd
+++ b/doc/interfaces.scd
@@ -70,6 +70,13 @@ the system will only respond to certain keywords by default:
 	is for backwards compatibility and should not be used in new
 	deployments.
 
+*point-to-point* _address_
+	Sets the given IPv4 _address_ as the peer address on the
+	interface. This setting only takes effect for the IPv4 address
+	familiy and only makes sense in combination with a /32 netmask.
+	For compatiblity with ifupdown and ifupdown2, _pointopoint_ is
+	an alias for this parameter.
+
 *link-type* _link-type_
 	Denotes the link-type of the interface. When set to _dummy_,
 	the interface is created as a virtual dummy interfaces.
diff --git a/executor-scripts/linux/static b/executor-scripts/linux/static
index ed6bd10..cb9af18 100755
--- a/executor-scripts/linux/static
+++ b/executor-scripts/linux/static
@@ -2,6 +2,8 @@
 
 set -e
 
+[ -z "$VERBOSE" ] || set -x
+
 [ -z "$IF_METRIC" ] && IF_METRIC="1"
 [ -n "$IF_VRF_TABLE" ] && VRF_TABLE="table $IF_VRF_TABLE"
 [ -n "$IF_VRF_MEMBER" ] && VRF_TABLE="vrf $IF_VRF_MEMBER"
@@ -20,7 +22,13 @@ addr_family() {
 configure_addresses() {
 	for i in $(ifquery -p address -i $INTERFACES_FILE $IFACE); do
 		addrfam=$(addr_family $i)
-		${MOCK} ip $addrfam addr $1 $i dev $IFACE
+		if [ "${IF_POINT_TO_POINT}" -a "${addrfam}" = "-4" ]; then
+			PEER="peer ${IF_POINT_TO_POINT}"
+		else
+			PEER=""
+		fi
+
+		${MOCK} ip $addrfam addr $1 $i $PEER dev $IFACE
 	done
 }
 
@@ -31,8 +39,6 @@ configure_gateways() {
 	done
 }
 
-[ -z "$VERBOSE" ] || set -x
-
 case "$PHASE" in
 up)
 	configure_addresses add
diff --git a/libifupdown/interface-file.c b/libifupdown/interface-file.c
index f2123fa..4cefd42 100644
--- a/libifupdown/interface-file.c
+++ b/libifupdown/interface-file.c
@@ -81,6 +81,7 @@ static const struct remap_token tokens[] = {
 	{"offload-tso", "ethtool-offload-tso"},		/* Debian ethtool integration */
 	{"offload-tx", "ethtool-offload-tx"},		/* Debian ethtool integration */
 	{"offload-ufo", "ethtool-offload-ufo"},		/* Debian ethtool integration */
+	{"pointopoint", "point-to-point"},		/* legacy ifupdown, ifupdown2 */
 	{"provider", "ppp-provider"},			/* legacy ifupdown, ifupdown2 */
 	{"rx-offload", "ethtool-offload-rx"},		/* ifupdown2 */
 	{"tso-offload", "ethtool-offload-tso"},		/* ifupdown2 */
diff --git a/tests/fixtures/static-eth0-ptp.interfaces b/tests/fixtures/static-eth0-ptp.interfaces
new file mode 100644
index 0000000..e6a3f53
--- /dev/null
+++ b/tests/fixtures/static-eth0-ptp.interfaces
@@ -0,0 +1,7 @@
+auto eth0
+iface eth0
+	address 203.0.113.2/32
+	pointopoint 192.0.2.1
+	gateway 192.0.2.1
+	address 2001:db8:1000:2::2/64
+	gateway 2001:db8:1000:2::1
diff --git a/tests/linux/static_test b/tests/linux/static_test
index 04c5e8f..04c1a85 100755
--- a/tests/linux/static_test
+++ b/tests/linux/static_test
@@ -4,7 +4,14 @@
 EXECUTOR="$(atf_get_srcdir)/../../executor-scripts/linux/static"
 FIXTURES="$(atf_get_srcdir)/../fixtures"
 
-tests_init up down vrf_up vrf_down metric_up metric_down
+tests_init \
+	up \
+	up_ptp \
+	down \
+	vrf_up \
+	vrf_down \
+	metric_up \
+	metric_down
 
 up_body() {
 	export IFACE=eth0 PHASE=up MOCK=echo INTERFACES_FILE="$FIXTURES/static-eth0.interfaces"
@@ -16,6 +23,17 @@ up_body() {
 		${EXECUTOR}
 }
 
+up_ptp_body() {
+	export IFACE=eth0 PHASE=up MOCK=echo INTERFACES_FILE="$FIXTURES/static-eth0-ptp.interfaces" \
+		IF_POINT_TO_POINT="192.0.2.1"
+	atf_check -s exit:0 \
+		-o match:'addr add 203.0.113.2/32 peer 192.0.2.1 dev eth0' \
+		-o match:'route add default via 192.0.2.1 metric 1 dev eth0' \
+		-o match:'addr add 2001:db8:1000:2::2/64 dev eth0' \
+		-o match:'route add default via 2001:db8:1000:2::1 metric 1 dev eth0' \
+		${EXECUTOR}
+}
+
 down_body() {
 	export IFACE=eth0 PHASE=down MOCK=echo INTERFACES_FILE="$FIXTURES/static-eth0.interfaces"
 	atf_check -s exit:0 \