diff --git a/compiler/generate/visitors/RawMustacheTag.js b/compiler/generate/visitors/RawMustacheTag.js
new file mode 100644
index 0000000000..1b0b39e302
--- /dev/null
+++ b/compiler/generate/visitors/RawMustacheTag.js
@@ -0,0 +1,47 @@
+import deindent from '../utils/deindent.js';
+
+export default {
+	enter ( generator, node ) {
+		const name = generator.current.counter( 'raw' );
+
+		generator.addSourcemapLocations( node.expression );
+		const { snippet } = generator.contextualise( node.expression );
+
+		// we would have used comments here, but the `insertAdjacentHTML` api only
+		// exists for `Element`s.
+		const before = `${name}_before`;
+		generator.addElement( before, `document.createElement( 'noscript' )`, true );
+		const after = `${name}_after`;
+		generator.addElement( after, `document.createElement( 'noscript' )`, true );
+
+		const isToplevel = generator.current.localElementDepth === 0;
+
+		const mountStatement = deindent`
+			${before}.insertAdjacentHTML( 'afterend', ${snippet} );
+		`;
+		const detachStatement = deindent`
+			while ( ${before}.nextSibling && ${before}.nextSibling !== ${after} ) {
+				${before}.parentNode.removeChild( ${before}.nextSibling );
+			}
+		`;
+
+		if ( isToplevel ) { 
+			generator.current.mountStatements.push(mountStatement);
+		} else {
+			generator.current.initStatements.push(mountStatement);
+		}
+
+		generator.current.updateStatements.push( deindent`
+			${detachStatement}
+			${mountStatement}
+		` );
+
+		if ( isToplevel ) {
+			const { detachStatements } = generator.current;
+			// we need `before` and `after` to still be in the DOM when running the
+			// detach code, so splice in the detach code *before* detaching
+			// `before`/`after`.
+			detachStatements.splice( detachStatements.length - 2, 0, detachStatement);
+		}
+	}
+};
diff --git a/compiler/generate/visitors/index.js b/compiler/generate/visitors/index.js
index 70ba9e3298..8e125e5d8b 100644
--- a/compiler/generate/visitors/index.js
+++ b/compiler/generate/visitors/index.js
@@ -3,6 +3,7 @@ import EachBlock from './EachBlock.js';
 import Element from './Element.js';
 import IfBlock from './IfBlock.js';
 import MustacheTag from './MustacheTag.js';
+import RawMustacheTag from './RawMustacheTag.js';
 import Text from './Text.js';
 import YieldTag from './YieldTag.js';
 
@@ -12,6 +13,7 @@ export default {
 	Element,
 	IfBlock,
 	MustacheTag,
+	RawMustacheTag,
 	Text,
 	YieldTag
 };
diff --git a/compiler/parse/state/mustache.js b/compiler/parse/state/mustache.js
index b27e694608..1cc4532efd 100644
--- a/compiler/parse/state/mustache.js
+++ b/compiler/parse/state/mustache.js
@@ -190,6 +190,21 @@ export default function mustache ( parser ) {
 		});
 	}
 
+	// {{{raw}}} mustache
+	else if ( parser.eat( '{' ) ) {
+		const expression = readExpression( parser );
+
+		parser.allowWhitespace();
+		parser.eat( '}}}', true );
+
+		parser.current().children.push({
+			start,
+			end: parser.index,
+			type: 'RawMustacheTag',
+			expression
+		});
+	}
+
 	else {
 		const expression = readExpression( parser );
 
diff --git a/test/compiler/raw-mustaches/_config.js b/test/compiler/raw-mustaches/_config.js
new file mode 100644
index 0000000000..850a169e02
--- /dev/null
+++ b/test/compiler/raw-mustaches/_config.js
@@ -0,0 +1,16 @@
+const ns = '<noscript></noscript>';
+export default {
+	data: {
+		raw: '<span><em>raw html!!!\\o/</span></em>'
+	},
+	html: `before${ns}<span><em>raw html!!!\\o/</span></em>${ns}after`,
+
+	test ( assert, component, target ) {
+		component.set({ raw: '' });
+		assert.equal( target.innerHTML, `before${ns}${ns}after` );
+		component.set({ raw: 'how about <strong>unclosed elements?' });
+		assert.equal( target.innerHTML, `before${ns}how about <strong>unclosed elements?</strong>${ns}after` );
+		component.teardown();
+		assert.equal( target.innerHTML, '' );
+	}
+};
diff --git a/test/compiler/raw-mustaches/main.html b/test/compiler/raw-mustaches/main.html
new file mode 100644
index 0000000000..1a733843df
--- /dev/null
+++ b/test/compiler/raw-mustaches/main.html
@@ -0,0 +1 @@
+before{{{raw}}}after
diff --git a/test/parser/raw-mustaches/input.html b/test/parser/raw-mustaches/input.html
new file mode 100644
index 0000000000..349fc29186
--- /dev/null
+++ b/test/parser/raw-mustaches/input.html
@@ -0,0 +1 @@
+<p> {{{raw1}}} {{{raw2}}} </p>
diff --git a/test/parser/raw-mustaches/output.json b/test/parser/raw-mustaches/output.json
new file mode 100644
index 0000000000..4acedf34ea
--- /dev/null
+++ b/test/parser/raw-mustaches/output.json
@@ -0,0 +1,48 @@
+{
+	"html": {
+		"start": 0,
+		"end": 30,
+		"type": "Fragment",
+		"children": [
+			{
+				"start": 0,
+				"end": 30,
+				"type": "Element",
+				"name": "p",
+				"attributes": [],
+				"children": [
+					{
+						"start": 4,
+						"end": 14,
+						"type": "RawMustacheTag",
+						"expression": {
+							"start": 7,
+							"end": 11,
+							"type": "Identifier",
+							"name": "raw1"
+						}
+					},
+					{
+						"start": 14,
+						"end": 15,
+						"type": "Text",
+						"data": " "
+					},
+					{
+						"start": 15,
+						"end": 25,
+						"type": "RawMustacheTag",
+						"expression": {
+							"start": 18,
+							"end": 22,
+							"type": "Identifier",
+							"name": "raw2"
+						}
+					}
+				]
+			}
+		]
+	},
+	"css": null,
+	"js": null
+}