diff --git a/library/core/src/iter/adapters/mod.rs b/library/core/src/iter/adapters/mod.rs
index a691039c789c6..fb1ed26d4acd8 100644
--- a/library/core/src/iter/adapters/mod.rs
+++ b/library/core/src/iter/adapters/mod.rs
@@ -18,6 +18,7 @@ mod intersperse;
 mod map;
 mod map_while;
 mod map_windows;
+mod peek_map;
 mod peekable;
 mod rev;
 mod scan;
@@ -31,8 +32,9 @@ mod zip;
 #[stable(feature = "rust1", since = "1.0.0")]
 pub use self::{
     chain::Chain, cycle::Cycle, enumerate::Enumerate, filter::Filter, filter_map::FilterMap,
-    flatten::FlatMap, fuse::Fuse, inspect::Inspect, map::Map, peekable::Peekable, rev::Rev,
-    scan::Scan, skip::Skip, skip_while::SkipWhile, take::Take, take_while::TakeWhile, zip::Zip,
+    flatten::FlatMap, fuse::Fuse, inspect::Inspect, map::Map, peek_map::PeekMap,
+    peekable::Peekable, rev::Rev, scan::Scan, skip::Skip, skip_while::SkipWhile, take::Take,
+    take_while::TakeWhile, zip::Zip,
 };
 
 #[unstable(feature = "iter_array_chunks", reason = "recently added", issue = "100450")]
diff --git a/library/core/src/iter/adapters/peek_map.rs b/library/core/src/iter/adapters/peek_map.rs
new file mode 100644
index 0000000000000..df65d4fd5001f
--- /dev/null
+++ b/library/core/src/iter/adapters/peek_map.rs
@@ -0,0 +1,74 @@
+use crate::iter::{FusedIterator, Peekable};
+
+/// An iterator that maps the values of `iter` with `f`.
+///
+/// This struct is created by the [`peek_map`] method on [`Peekable`]. See its
+/// documentation for more.
+///
+/// [`peek_map`]: Peekable::peek_map
+/// [`Peekable`]: struct.Peekable.html
+///
+/// # Examples
+///
+/// Basic usage:
+///
+/// ```
+/// #![feature(peek_map)]
+///
+/// let a = [1, 2, 3];
+/// let mut iter = a.into_iter().peekable().peek_map(|x, next| x * *next.unwrap_or(&1));
+///
+/// assert_eq!(iter.next(), Some(2));
+/// assert_eq!(iter.next(), Some(6));
+/// assert_eq!(iter.next(), Some(3));
+/// assert_eq!(iter.next(), None);
+/// ```
+#[must_use = "iterators are lazy and do nothing unless consumed"]
+#[unstable(feature = "peek_map", issue = "118474")]
+#[derive(Debug)]
+pub struct PeekMap<T, F> {
+    pub(crate) t: T,
+    f: F,
+}
+
+impl<I: Iterator, F> PeekMap<Peekable<I>, F> {
+    pub(in crate::iter) fn new(peekable: Peekable<I>, f: F) -> PeekMap<Peekable<I>, F> {
+        PeekMap { t: peekable, f }
+    }
+}
+
+#[unstable(feature = "peek_map", issue = "118474")]
+impl<B, I: Iterator, F> Iterator for PeekMap<Peekable<I>, F>
+where
+    F: FnMut(I::Item, Option<&I::Item>) -> B,
+{
+    type Item = B;
+
+    #[inline]
+    fn next(&mut self) -> Option<B> {
+        Some((&mut self.f)(self.t.next()?, self.t.peek()))
+    }
+
+    #[inline]
+    fn size_hint(&self) -> (usize, Option<usize>) {
+        self.t.size_hint()
+    }
+}
+#[unstable(feature = "peek_map", issue = "118474")]
+impl<B, I: ExactSizeIterator, F> ExactSizeIterator for PeekMap<Peekable<I>, F>
+where
+    F: FnMut(I::Item, Option<&I::Item>) -> B,
+{
+    fn len(&self) -> usize {
+        self.t.len()
+    }
+
+    fn is_empty(&self) -> bool {
+        self.t.is_empty()
+    }
+}
+#[unstable(feature = "peek_map", issue = "118474")]
+impl<B, I: FusedIterator, F> FusedIterator for PeekMap<Peekable<I>, F> where
+    F: FnMut(I::Item, Option<&I::Item>) -> B
+{
+}
diff --git a/library/core/src/iter/adapters/peekable.rs b/library/core/src/iter/adapters/peekable.rs
index 65ba42920c93d..b26699b4317b6 100644
--- a/library/core/src/iter/adapters/peekable.rs
+++ b/library/core/src/iter/adapters/peekable.rs
@@ -1,4 +1,4 @@
-use crate::iter::{adapters::SourceIter, FusedIterator, TrustedLen};
+use crate::iter::{adapters::PeekMap, adapters::SourceIter, FusedIterator, TrustedLen};
 use crate::ops::{ControlFlow, Try};
 
 /// An iterator with a `peek()` that returns an optional reference to the next
@@ -316,6 +316,15 @@ impl<I: Iterator> Peekable<I> {
     {
         self.next_if(|next| next == expected)
     }
+
+    /// Honestly I'm adding this doc to get rid of the error just to make sure everything else actually works.
+    #[unstable(feature = "peek_map", issue = "118474")]
+    pub fn peek_map<B, F>(self, f: F) -> PeekMap<Self, F>
+    where
+        F: FnMut(I::Item, Option<&I::Item>) -> B,
+    {
+        PeekMap::new(self, f)
+    }
 }
 
 #[unstable(feature = "trusted_len", issue = "37572")]