diff --git a/packages/cli/src/argparse.ts b/packages/cli/src/argparse.ts
index 3c32385cb..28c3f1c1e 100644
--- a/packages/cli/src/argparse.ts
+++ b/packages/cli/src/argparse.ts
@@ -395,6 +395,37 @@ export const CLI_ARGS = {
         '\n',
       group: 'Account Management',
     },
+    decode_cv: {
+      type: 'array',
+      items: [
+        {
+          name: 'clarity_value',
+          type: 'string',
+          realtype: 'string',
+          pattern: '-|^(0x|0X)?[a-fA-F0-9]+$',
+        },
+        {
+          name: 'format',
+          type: 'string',
+          realtype: 'format',
+          pattern: '^(repr|pretty|json)$',
+        },
+      ],
+      minItems: 1,
+      maxItems: 4,
+      help:
+        'Decode a serialized Clarity value.\n' +
+        '\n' +
+        'Example:\n' +
+        '\n' +
+        '    $ stx decode_cv 0x050011deadbeef11ababffff11deadbeef11ababffff\n' +
+        '    S08XXBDYXW8TQAZZZW8XXBDYXW8TQAZZZZ88551S\n' +
+        '    $ stx decode_cv --format json SPA2MZWV9N67TBYVWTE0PSSKMJ2F6YXW7CBE6YPW\n' +
+        '    {"type":"principal","value":"S08XXBDYXW8TQAZZZW8XXBDYXW8TQAZZZZ88551S"}\n' +
+        '    $ echo 0x050011deadbeef11ababffff11deadbeef11ababffff | stx decode_cv -\n' +
+        '    S08XXBDYXW8TQAZZZW8XXBDYXW8TQAZZZZ88551S\n',
+      group: 'Utilities',
+    },
     convert_address: {
       type: 'array',
       items: [
diff --git a/packages/cli/src/cli.ts b/packages/cli/src/cli.ts
index b6cdb9db9..c92a6c4c4 100644
--- a/packages/cli/src/cli.ts
+++ b/packages/cli/src/cli.ts
@@ -41,6 +41,8 @@ import {
   TransactionVersion,
   TxBroadcastResult,
   validateContractCall,
+  Cl,
+  cvToJSON,
 } from '@stacks/transactions';
 import express from 'express';
 import { prompt } from 'inquirer';
@@ -952,6 +954,37 @@ async function readOnlyContractFunctionCall(
     });
 }
 
+/*
+ * Decode a serialized Clarity value
+ * args:
+ * @value (string) the hex string of the serialized value, or '-' to read from stdin
+ * @format (string) the format to output the value in; one of 'pretty', 'json', or 'repr'
+ */
+function decodeCV(_network: CLINetworkAdapter, args: string[]): Promise<string> {
+  const inputArg = args[0];
+  const format = args[1];
+
+  let inputValue: string;
+  if (inputArg === '-') {
+    inputValue = fs.readFileSync(process.stdin.fd, 'utf-8').trim();
+  } else {
+    inputValue = inputArg;
+  }
+
+  const cv = Cl.deserialize(inputValue);
+  let cvString: string;
+  if (format === 'pretty') {
+    cvString = Cl.prettyPrint(cv, 2);
+  } else if (format === 'json') {
+    cvString = JSON.stringify(cvToJSON(cv));
+  } else if (format === 'repr' || !format) {
+    cvString = cvToString(cv);
+  } else {
+    throw new Error('Invalid format option');
+  }
+  return Promise.resolve(cvString);
+}
+
 // /*
 //  * Get the number of confirmations of a txid.
 //  * args:
@@ -1959,6 +1992,7 @@ const COMMANDS: Record<string, CommandFunction> = {
   can_stack: canStack,
   call_contract_func: contractFunctionCall,
   call_read_only_contract_func: readOnlyContractFunctionCall,
+  decode_cv: decodeCV,
   convert_address: addressConvert,
   decrypt_keychain: decryptMnemonic,
   deploy_contract: contractDeploy,
@@ -2159,6 +2193,7 @@ export const testables =
   process.env.NODE_ENV === 'test'
     ? {
         addressConvert,
+        decodeCV,
         canStack,
         contractFunctionCall,
         getStacksWalletKey,
diff --git a/packages/cli/tests/cli.test.ts b/packages/cli/tests/cli.test.ts
index 038bbf5e8..4c73dba1a 100644
--- a/packages/cli/tests/cli.test.ts
+++ b/packages/cli/tests/cli.test.ts
@@ -3,6 +3,7 @@ import { CLIMain, testables } from '../src/cli';
 import { CLINetworkAdapter, CLI_NETWORK_OPTS, getNetwork } from '../src/network';
 
 import {
+  Cl,
   ClarityAbi,
   createStacksPrivateKey,
   publicKeyFromSignatureVrs,
@@ -23,6 +24,7 @@ import {
   WalletKeyInfoResult,
 } from './derivation-path/keychain';
 import * as fixtures from './fixtures/cli.fixture';
+import { bytesToHex } from '@stacks/common';
 
 const TEST_ABI: ClarityAbi = JSON.parse(
   readFileSync(path.join(__dirname, './abi/test-abi.json')).toString()
@@ -34,6 +36,7 @@ jest.mock('inquirer');
 
 const {
   addressConvert,
+  decodeCV,
   canStack,
   contractFunctionCall,
   getStacksWalletKey,
@@ -53,6 +56,39 @@ const testnetNetwork = new CLINetworkAdapter(
   {} as CLI_NETWORK_OPTS
 );
 
+describe('decode_cv', () => {
+  test('Should decode from hex arg', async () => {
+    const result = await decodeCV(mainnetNetwork, [
+      '0x050011deadbeef11ababffff11deadbeef11ababffff',
+    ]);
+    expect(result).toEqual('S08XXBDYXW8TQAZZZW8XXBDYXW8TQAZZZZ88551S');
+  });
+
+  test('Should decode from hex to json', async () => {
+    const result = await decodeCV(mainnetNetwork, [
+      '0x050011deadbeef11ababffff11deadbeef11ababffff',
+      'json',
+    ]);
+    expect(result).toEqual(
+      '{"type":"principal","value":"S08XXBDYXW8TQAZZZW8XXBDYXW8TQAZZZZ88551S"}'
+    );
+  });
+
+  test('Should decode from hex to repr', async () => {
+    const list = Cl.list([1, 2, 3].map(Cl.int));
+    const serialized = bytesToHex(Cl.serialize(list));
+    const result = await decodeCV(mainnetNetwork, [serialized, 'repr']);
+    expect(result).toEqual('(list 1 2 3)');
+  });
+
+  test('Should decode from hex to pretty print', async () => {
+    const list = Cl.list([1, 2, 3].map(Cl.int));
+    const serialized = bytesToHex(Cl.serialize(list));
+    const result = await decodeCV(mainnetNetwork, [serialized, 'pretty']);
+    expect(result).toEqual('(list\n  1\n  2\n  3\n)');
+  });
+});
+
 describe('convert_address', () => {
   test.each(fixtures.convertAddress)('%p - testnet: %p', async (input, testnet, expectedResult) => {
     const network = testnet ? testnetNetwork : mainnetNetwork;