diff --git a/frontend/src/features/canvas/components/IAICanvas.tsx b/frontend/src/features/canvas/components/IAICanvas.tsx
index cf8dd6e0ff..f6d0ed215c 100644
--- a/frontend/src/features/canvas/components/IAICanvas.tsx
+++ b/frontend/src/features/canvas/components/IAICanvas.tsx
@@ -7,7 +7,7 @@ import {
   isStagingSelector,
 } from 'features/canvas/store/canvasSelectors';
 import IAICanvasMaskLines from './IAICanvasMaskLines';
-import IAICanvasBrushPreview from './IAICanvasBrushPreview';
+import IAICanvasToolPreview from './IAICanvasToolPreview';
 import { Vector2d } from 'konva/lib/types';
 import IAICanvasBoundingBox from './IAICanvasToolbar/IAICanvasBoundingBox';
 import useCanvasHotkeys from '../hooks/useCanvasHotkeys';
@@ -183,7 +183,7 @@ const IAICanvas = () => {
           </Layer>
           <Layer id="preview" imageSmoothingEnabled={false}>
             {!isStaging && (
-              <IAICanvasBrushPreview
+              <IAICanvasToolPreview
                 visible={tool !== 'move'}
                 listening={false}
               />
diff --git a/frontend/src/features/canvas/components/IAICanvasBrushPreview.tsx b/frontend/src/features/canvas/components/IAICanvasBrushPreview.tsx
deleted file mode 100644
index 05599a1ad2..0000000000
--- a/frontend/src/features/canvas/components/IAICanvasBrushPreview.tsx
+++ /dev/null
@@ -1,120 +0,0 @@
-import { createSelector } from '@reduxjs/toolkit';
-import { GroupConfig } from 'konva/lib/Group';
-import _ from 'lodash';
-import { Circle, Group } from 'react-konva';
-import { useAppSelector } from 'app/store';
-import { canvasSelector } from 'features/canvas/store/canvasSelectors';
-import { rgbaColorToString } from 'features/canvas/util/colorToString';
-
-const canvasBrushPreviewSelector = createSelector(
-  canvasSelector,
-  (canvas) => {
-    const {
-      cursorPosition,
-      stageDimensions: { width, height },
-      brushSize,
-      maskColor,
-      brushColor,
-      tool,
-      layer,
-      shouldShowBrush,
-      isMovingBoundingBox,
-      isTransformingBoundingBox,
-      stageScale,
-    } = canvas;
-
-    return {
-      cursorPosition,
-      width,
-      height,
-      radius: brushSize / 2,
-      brushColorString: rgbaColorToString(
-        layer === 'mask' ? { ...maskColor, a: 0.5 } : brushColor
-      ),
-      tool,
-      shouldShowBrush,
-      shouldDrawBrushPreview:
-        !(
-          isMovingBoundingBox ||
-          isTransformingBoundingBox ||
-          !cursorPosition
-        ) && shouldShowBrush,
-      strokeWidth: 1.5 / stageScale,
-      dotRadius: 1.5 / stageScale,
-    };
-  },
-  {
-    memoizeOptions: {
-      resultEqualityCheck: _.isEqual,
-    },
-  }
-);
-
-/**
- * Draws a black circle around the canvas brush preview.
- */
-const IAICanvasBrushPreview = (props: GroupConfig) => {
-  const { ...rest } = props;
-  const {
-    cursorPosition,
-    width,
-    height,
-    radius,
-    brushColorString,
-    tool,
-    shouldDrawBrushPreview,
-    dotRadius,
-    strokeWidth,
-  } = useAppSelector(canvasBrushPreviewSelector);
-
-  if (!shouldDrawBrushPreview) return null;
-
-  return (
-    <Group listening={false} {...rest}>
-      <Circle
-        x={cursorPosition ? cursorPosition.x : width / 2}
-        y={cursorPosition ? cursorPosition.y : height / 2}
-        radius={radius}
-        fill={brushColorString}
-        listening={false}
-        globalCompositeOperation={
-          tool === 'eraser' ? 'destination-out' : 'source-over'
-        }
-      />
-      <Circle
-        x={cursorPosition ? cursorPosition.x : width / 2}
-        y={cursorPosition ? cursorPosition.y : height / 2}
-        radius={radius}
-        stroke={'rgba(255,255,255,0.4)'}
-        strokeWidth={strokeWidth * 2}
-        strokeEnabled={true}
-        listening={false}
-      />
-      <Circle
-        x={cursorPosition ? cursorPosition.x : width / 2}
-        y={cursorPosition ? cursorPosition.y : height / 2}
-        radius={radius}
-        stroke={'rgba(0,0,0,1)'}
-        strokeWidth={strokeWidth}
-        strokeEnabled={true}
-        listening={false}
-      />
-      <Circle
-        x={cursorPosition ? cursorPosition.x : width / 2}
-        y={cursorPosition ? cursorPosition.y : height / 2}
-        radius={dotRadius * 2}
-        fill={'rgba(255,255,255,0.4)'}
-        listening={false}
-      />
-      <Circle
-        x={cursorPosition ? cursorPosition.x : width / 2}
-        y={cursorPosition ? cursorPosition.y : height / 2}
-        radius={dotRadius}
-        fill={'rgba(0,0,0,1)'}
-        listening={false}
-      />
-    </Group>
-  );
-};
-
-export default IAICanvasBrushPreview;
diff --git a/frontend/src/features/canvas/components/IAICanvasToolPreview.tsx b/frontend/src/features/canvas/components/IAICanvasToolPreview.tsx
new file mode 100644
index 0000000000..34924f8966
--- /dev/null
+++ b/frontend/src/features/canvas/components/IAICanvasToolPreview.tsx
@@ -0,0 +1,185 @@
+import { createSelector } from '@reduxjs/toolkit';
+import { GroupConfig } from 'konva/lib/Group';
+import _ from 'lodash';
+import { Circle, Group, Rect } from 'react-konva';
+import { useAppDispatch, useAppSelector } from 'app/store';
+import { canvasSelector } from 'features/canvas/store/canvasSelectors';
+import { rgbaColorToString } from 'features/canvas/util/colorToString';
+import { COLOR_PICKER_SIZE } from '../util/constants';
+
+const canvasBrushPreviewSelector = createSelector(
+  canvasSelector,
+  (canvas) => {
+    const {
+      cursorPosition,
+      stageDimensions: { width, height },
+      brushSize,
+      colorPickerColor,
+      maskColor,
+      brushColor,
+      tool,
+      layer,
+      shouldShowBrush,
+      isMovingBoundingBox,
+      isTransformingBoundingBox,
+      stageScale,
+    } = canvas;
+
+    let fill = '';
+
+    if (layer === 'mask') {
+      fill = rgbaColorToString({ ...maskColor, a: 0.5 });
+    } else if (tool === 'colorPicker') {
+      fill = rgbaColorToString(colorPickerColor);
+    } else {
+      fill = rgbaColorToString(brushColor);
+    }
+
+    return {
+      cursorPosition,
+      width,
+      height,
+      radius: brushSize / 2,
+      colorPickerSize: COLOR_PICKER_SIZE / stageScale,
+      colorPickerOffset: COLOR_PICKER_SIZE / 2 / stageScale,
+      colorPickerCornerRadius: COLOR_PICKER_SIZE / 5 / stageScale,
+      brushColorString: fill,
+      tool,
+      shouldShowBrush,
+      shouldDrawBrushPreview:
+        !(
+          isMovingBoundingBox ||
+          isTransformingBoundingBox ||
+          !cursorPosition
+        ) && shouldShowBrush,
+      strokeWidth: 1.5 / stageScale,
+      dotRadius: 1.5 / stageScale,
+    };
+  },
+  {
+    memoizeOptions: {
+      resultEqualityCheck: _.isEqual,
+    },
+  }
+);
+
+/**
+ * Draws a black circle around the canvas brush preview.
+ */
+const IAICanvasToolPreview = (props: GroupConfig) => {
+  const { ...rest } = props;
+  const {
+    cursorPosition,
+    width,
+    height,
+    radius,
+    brushColorString,
+    tool,
+    shouldDrawBrushPreview,
+    dotRadius,
+    strokeWidth,
+    colorPickerSize,
+    colorPickerOffset,
+    colorPickerCornerRadius,
+  } = useAppSelector(canvasBrushPreviewSelector);
+
+  if (!shouldDrawBrushPreview) return null;
+
+  return (
+    <Group listening={false} {...rest}>
+      {tool === 'colorPicker' ? (
+        <>
+          <Rect
+            x={
+              cursorPosition ? cursorPosition.x - colorPickerOffset : width / 2
+            }
+            y={
+              cursorPosition ? cursorPosition.y - colorPickerOffset : height / 2
+            }
+            width={colorPickerSize}
+            height={colorPickerSize}
+            fill={brushColorString}
+            cornerRadius={colorPickerCornerRadius}
+            listening={false}
+          />
+          <Rect
+            x={
+              cursorPosition ? cursorPosition.x - colorPickerOffset : width / 2
+            }
+            y={
+              cursorPosition ? cursorPosition.y - colorPickerOffset : height / 2
+            }
+            width={colorPickerSize}
+            height={colorPickerSize}
+            cornerRadius={colorPickerCornerRadius}
+            stroke={'rgba(255,255,255,0.4)'}
+            strokeWidth={strokeWidth * 2}
+            strokeEnabled={true}
+            listening={false}
+          />
+          <Rect
+            x={
+              cursorPosition ? cursorPosition.x - colorPickerOffset : width / 2
+            }
+            y={
+              cursorPosition ? cursorPosition.y - colorPickerOffset : height / 2
+            }
+            width={colorPickerSize}
+            height={colorPickerSize}
+            cornerRadius={colorPickerCornerRadius}
+            stroke={'rgba(0,0,0,1)'}
+            strokeWidth={strokeWidth}
+            strokeEnabled={true}
+            listening={false}
+          />
+        </>
+      ) : (
+        <>
+          <Circle
+            x={cursorPosition ? cursorPosition.x : width / 2}
+            y={cursorPosition ? cursorPosition.y : height / 2}
+            radius={radius}
+            fill={brushColorString}
+            globalCompositeOperation={
+              tool === 'eraser' ? 'destination-out' : 'source-over'
+            }
+          />
+          <Circle
+            x={cursorPosition ? cursorPosition.x : width / 2}
+            y={cursorPosition ? cursorPosition.y : height / 2}
+            radius={radius}
+            stroke={'rgba(255,255,255,0.4)'}
+            strokeWidth={strokeWidth * 2}
+            strokeEnabled={true}
+            listening={false}
+          />
+          <Circle
+            x={cursorPosition ? cursorPosition.x : width / 2}
+            y={cursorPosition ? cursorPosition.y : height / 2}
+            radius={radius}
+            stroke={'rgba(0,0,0,1)'}
+            strokeWidth={strokeWidth}
+            strokeEnabled={true}
+            listening={false}
+          />
+        </>
+      )}
+      <Circle
+        x={cursorPosition ? cursorPosition.x : width / 2}
+        y={cursorPosition ? cursorPosition.y : height / 2}
+        radius={dotRadius * 2}
+        fill={'rgba(255,255,255,0.4)'}
+        listening={false}
+      />
+      <Circle
+        x={cursorPosition ? cursorPosition.x : width / 2}
+        y={cursorPosition ? cursorPosition.y : height / 2}
+        radius={dotRadius}
+        fill={'rgba(0,0,0,1)'}
+        listening={false}
+      />
+    </Group>
+  );
+};
+
+export default IAICanvasToolPreview;
diff --git a/frontend/src/features/canvas/components/IAICanvasToolbar/IAICanvasToolChooserOptions.tsx b/frontend/src/features/canvas/components/IAICanvasToolbar/IAICanvasToolChooserOptions.tsx
index cd53ebb5a8..f32fcf04d3 100644
--- a/frontend/src/features/canvas/components/IAICanvasToolbar/IAICanvasToolChooserOptions.tsx
+++ b/frontend/src/features/canvas/components/IAICanvasToolbar/IAICanvasToolChooserOptions.tsx
@@ -8,7 +8,12 @@ import {
 import { useAppDispatch, useAppSelector } from 'app/store';
 import _ from 'lodash';
 import IAIIconButton from 'common/components/IAIIconButton';
-import { FaEraser, FaPaintBrush, FaSlidersH } from 'react-icons/fa';
+import {
+  FaEraser,
+  FaEyeDropper,
+  FaPaintBrush,
+  FaSlidersH,
+} from 'react-icons/fa';
 import {
   canvasSelector,
   isStagingSelector,
@@ -68,6 +73,18 @@ const IAICanvasToolChooserOptions = () => {
     [tool]
   );
 
+  useHotkeys(
+    ['c'],
+    () => {
+      handleSelectColorPickerTool();
+    },
+    {
+      enabled: () => true,
+      preventDefault: true,
+    },
+    [tool]
+  );
+
   useHotkeys(
     ['['],
     () => {
@@ -94,6 +111,7 @@ const IAICanvasToolChooserOptions = () => {
 
   const handleSelectBrushTool = () => dispatch(setTool('brush'));
   const handleSelectEraserTool = () => dispatch(setTool('eraser'));
+  const handleSelectColorPickerTool = () => dispatch(setTool('colorPicker'));
 
   return (
     <ButtonGroup isAttached>
@@ -111,7 +129,15 @@ const IAICanvasToolChooserOptions = () => {
         icon={<FaEraser />}
         data-selected={tool === 'eraser' && !isStaging}
         isDisabled={isStaging}
-        onClick={() => dispatch(setTool('eraser'))}
+        onClick={handleSelectEraserTool}
+      />
+      <IAIIconButton
+        aria-label="Color Picker (C)"
+        tooltip="Color Picker (C)"
+        icon={<FaEyeDropper />}
+        data-selected={tool === 'colorPicker' && !isStaging}
+        isDisabled={isStaging}
+        onClick={handleSelectColorPickerTool}
       />
       <IAIPopover
         trigger="hover"
diff --git a/frontend/src/features/canvas/hooks/useCanvasMouseDown.ts b/frontend/src/features/canvas/hooks/useCanvasMouseDown.ts
index 8edfecda3e..cec35a4f02 100644
--- a/frontend/src/features/canvas/hooks/useCanvasMouseDown.ts
+++ b/frontend/src/features/canvas/hooks/useCanvasMouseDown.ts
@@ -5,13 +5,19 @@ import Konva from 'konva';
 import { KonvaEventObject } from 'konva/lib/Node';
 import _ from 'lodash';
 import { MutableRefObject, useCallback } from 'react';
-import { canvasSelector, isStagingSelector } from 'features/canvas/store/canvasSelectors';
+import {
+  canvasSelector,
+  isStagingSelector,
+} from 'features/canvas/store/canvasSelectors';
 import {
   addLine,
+  commitColorPickerColor,
   setIsDrawing,
   setIsMovingStage,
+  setTool,
 } from 'features/canvas/store/canvasSlice';
 import getScaledCursorPosition from '../util/getScaledCursorPosition';
+import useColorPicker from './useColorUnderCursor';
 
 const selector = createSelector(
   [activeTabNameSelector, canvasSelector, isStagingSelector],
@@ -29,6 +35,7 @@ const selector = createSelector(
 const useCanvasMouseDown = (stageRef: MutableRefObject<Konva.Stage | null>) => {
   const dispatch = useAppDispatch();
   const { tool, isStaging } = useAppSelector(selector);
+  const { commitColorUnderCursor } = useColorPicker();
 
   return useCallback(
     (e: KonvaEventObject<MouseEvent | TouchEvent>) => {
@@ -41,6 +48,11 @@ const useCanvasMouseDown = (stageRef: MutableRefObject<Konva.Stage | null>) => {
         return;
       }
 
+      if (tool === 'colorPicker') {
+        commitColorUnderCursor();
+        return;
+      }
+
       const scaledCursorPosition = getScaledCursorPosition(stageRef.current);
 
       if (!scaledCursorPosition) return;
diff --git a/frontend/src/features/canvas/hooks/useCanvasMouseMove.ts b/frontend/src/features/canvas/hooks/useCanvasMouseMove.ts
index 02749cf7d3..ae42ca90a6 100644
--- a/frontend/src/features/canvas/hooks/useCanvasMouseMove.ts
+++ b/frontend/src/features/canvas/hooks/useCanvasMouseMove.ts
@@ -5,12 +5,16 @@ import Konva from 'konva';
 import { Vector2d } from 'konva/lib/types';
 import _ from 'lodash';
 import { MutableRefObject, useCallback } from 'react';
-import { canvasSelector, isStagingSelector } from 'features/canvas/store/canvasSelectors';
+import {
+  canvasSelector,
+  isStagingSelector,
+} from 'features/canvas/store/canvasSelectors';
 import {
   addPointToCurrentLine,
   setCursorPosition,
 } from 'features/canvas/store/canvasSlice';
 import getScaledCursorPosition from '../util/getScaledCursorPosition';
+import useColorPicker from './useColorUnderCursor';
 
 const selector = createSelector(
   [activeTabNameSelector, canvasSelector, isStagingSelector],
@@ -33,6 +37,7 @@ const useCanvasMouseMove = (
 ) => {
   const dispatch = useAppDispatch();
   const { isDrawing, tool, isStaging } = useAppSelector(selector);
+  const { updateColorUnderCursor } = useColorPicker();
 
   return useCallback(() => {
     if (!stageRef.current) return;
@@ -45,6 +50,11 @@ const useCanvasMouseMove = (
 
     lastCursorPositionRef.current = scaledCursorPosition;
 
+    if (tool === 'colorPicker') {
+      updateColorUnderCursor();
+      return;
+    }
+
     if (!isDrawing || tool === 'move' || isStaging) return;
 
     didMouseMoveRef.current = true;
@@ -59,6 +69,7 @@ const useCanvasMouseMove = (
     lastCursorPositionRef,
     stageRef,
     tool,
+    updateColorUnderCursor,
   ]);
 };
 
diff --git a/frontend/src/features/canvas/hooks/useColorUnderCursor.ts b/frontend/src/features/canvas/hooks/useColorUnderCursor.ts
new file mode 100644
index 0000000000..4739070e13
--- /dev/null
+++ b/frontend/src/features/canvas/hooks/useColorUnderCursor.ts
@@ -0,0 +1,45 @@
+import { useAppDispatch } from 'app/store';
+import Konva from 'konva';
+import _ from 'lodash';
+import {
+  commitColorPickerColor,
+  setColorPickerColor,
+} from '../store/canvasSlice';
+import {
+  getCanvasBaseLayer,
+  getCanvasStage,
+} from '../util/konvaInstanceProvider';
+
+const useColorPicker = () => {
+  const dispatch = useAppDispatch();
+  const canvasBaseLayer = getCanvasBaseLayer();
+  const stage = getCanvasStage();
+
+  return {
+    updateColorUnderCursor: () => {
+      if (!stage || !canvasBaseLayer) return;
+
+      const position = stage.getPointerPosition();
+
+      if (!position) return;
+
+      const pixelRatio = Konva.pixelRatio;
+
+      const [r, g, b, a] = canvasBaseLayer
+        .getContext()
+        .getImageData(
+          position.x * pixelRatio,
+          position.y * pixelRatio,
+          1,
+          1
+        ).data;
+
+      dispatch(setColorPickerColor({ r, g, b, a }));
+    },
+    commitColorUnderCursor: () => {
+      dispatch(commitColorPickerColor());
+    },
+  };
+};
+
+export default useColorPicker;
diff --git a/frontend/src/features/canvas/store/canvasSlice.ts b/frontend/src/features/canvas/store/canvasSlice.ts
index de7c0b911a..f71083ae17 100644
--- a/frontend/src/features/canvas/store/canvasSlice.ts
+++ b/frontend/src/features/canvas/store/canvasSlice.ts
@@ -44,6 +44,7 @@ const initialCanvasState: CanvasState = {
   brushColor: { r: 90, g: 90, b: 255, a: 1 },
   brushSize: 50,
   canvasContainerDimensions: { width: 0, height: 0 },
+  colorPickerColor: { r: 90, g: 90, b: 255, a: 1 },
   cursorPosition: null,
   doesCanvasNeedScaling: false,
   futureLayerStates: [],
@@ -345,7 +346,7 @@ export const canvasSlice = createSlice({
     addLine: (state, action: PayloadAction<number[]>) => {
       const { tool, layer, brushColor, brushSize } = state;
 
-      if (tool === 'move') return;
+      if (tool === 'move' || tool === 'colorPicker') return;
 
       const newStrokeWidth = brushSize / 2;
 
@@ -683,6 +684,13 @@ export const canvasSlice = createSlice({
     ) => {
       state.shouldCropToBoundingBoxOnSave = action.payload;
     },
+    setColorPickerColor: (state, action: PayloadAction<RgbaColor>) => {
+      state.colorPickerColor = action.payload;
+    },
+    commitColorPickerColor: (state) => {
+      state.brushColor = state.colorPickerColor;
+      state.tool = 'brush';
+    },
     setMergedCanvas: (state, action: PayloadAction<CanvasImage>) => {
       state.pastLayerStates.push({
         ...state.layerState,
@@ -710,6 +718,8 @@ export const {
   addLine,
   addPointToCurrentLine,
   clearMask,
+  commitColorPickerColor,
+  setColorPickerColor,
   commitStagingAreaImage,
   discardStagedImages,
   fitBoundingBoxToStage,
diff --git a/frontend/src/features/canvas/store/canvasTypes.ts b/frontend/src/features/canvas/store/canvasTypes.ts
index ef28101d75..fae2d6f6a8 100644
--- a/frontend/src/features/canvas/store/canvasTypes.ts
+++ b/frontend/src/features/canvas/store/canvasTypes.ts
@@ -13,7 +13,7 @@ export type CanvasLayer = typeof LAYER_NAMES[number];
 
 export type CanvasDrawingTool = 'brush' | 'eraser';
 
-export type CanvasTool = CanvasDrawingTool | 'move';
+export type CanvasTool = CanvasDrawingTool | 'move' | 'colorPicker';
 
 export type Dimensions = {
   width: number;
@@ -81,6 +81,7 @@ export interface CanvasState {
   brushColor: RgbaColor;
   brushSize: number;
   canvasContainerDimensions: Dimensions;
+  colorPickerColor: RgbaColor,
   cursorPosition: Vector2d | null;
   doesCanvasNeedScaling: boolean;
   futureLayerStates: CanvasLayerState[];
diff --git a/frontend/src/features/canvas/util/constants.ts b/frontend/src/features/canvas/util/constants.ts
index 10b27c82d1..4f9662e1be 100644
--- a/frontend/src/features/canvas/util/constants.ts
+++ b/frontend/src/features/canvas/util/constants.ts
@@ -12,3 +12,5 @@ export const MAX_CANVAS_SCALE = 20;
 
 // padding given to initial image/bounding box when stage view is reset
 export const STAGE_PADDING_PERCENTAGE = 0.95;
+
+export const COLOR_PICKER_SIZE = 60;
diff --git a/frontend/src/features/system/components/HotkeysModal/HotkeysModal.tsx b/frontend/src/features/system/components/HotkeysModal/HotkeysModal.tsx
index a9858427f6..d500cc06ab 100644
--- a/frontend/src/features/system/components/HotkeysModal/HotkeysModal.tsx
+++ b/frontend/src/features/system/components/HotkeysModal/HotkeysModal.tsx
@@ -140,22 +140,22 @@ export default function HotkeysModal({ children }: HotkeysModalProps) {
   const unifiedCanvasHotkeys = [
     {
       title: 'Select Brush',
-      desc: 'Selects the inpainting brush',
+      desc: 'Selects the canvas brush',
       hotkey: 'B',
     },
     {
       title: 'Select Eraser',
-      desc: 'Selects the inpainting eraser',
+      desc: 'Selects the canvas eraser',
       hotkey: 'E',
     },
     {
       title: 'Decrease Brush Size',
-      desc: 'Decreases the size of the inpainting brush/eraser',
+      desc: 'Decreases the size of the canvas brush/eraser',
       hotkey: '[',
     },
     {
       title: 'Increase Brush Size',
-      desc: 'Increases the size of the inpainting brush/eraser',
+      desc: 'Increases the size of the canvas brush/eraser',
       hotkey: ']',
     },
     {
@@ -163,6 +163,11 @@ export default function HotkeysModal({ children }: HotkeysModalProps) {
       desc: 'Allows canvas navigation',
       hotkey: 'V',
     },
+    {
+      title: 'Select Color Picker',
+      desc: 'Selects the canvas color picker',
+      hotkey: 'C',
+    },
     {
       title: 'Quick Toggle Move',
       desc: 'Temporarily toggles Move mode',