diff --git a/server/lib/server_web/live/vm_search_live.ex b/server/lib/server_web/live/vm_search_live.ex
new file mode 100644
index 0000000..5c9f51c
--- /dev/null
+++ b/server/lib/server_web/live/vm_search_live.ex
@@ -0,0 +1,104 @@
+defmodule ServerWeb.VmSearchLive do
+  use ServerWeb, :live_view
+
+  alias Server.{Hosts, Metrics}
+
+  @impl true
+  def mount(_params, _session, socket) do
+    if connected?(socket), do: Phoenix.PubSub.subscribe(Server.PubSub, "metrics")
+    {:ok, socket |> assign(:q, "") |> assign(:vms, load_vms())}
+  end
+
+  @impl true
+  def handle_info({:metric_inserted, _, _}, socket) do
+    {:noreply, assign(socket, :vms, load_vms())}
+  end
+
+  @impl true
+  def handle_event("search", %{"q" => q}, socket) do
+    {:noreply, assign(socket, :q, q)}
+  end
+
+  defp load_vms do
+    for host <- Hosts.list_all(),
+        runtime_sample = Metrics.latest_sample(host.id, "fast"),
+        vm <- get_in(runtime_sample && runtime_sample.payload, ["vms_runtime", "vms"]) || [],
+        into: [] do
+      detail_sample = Metrics.latest_sample(host.id, "medium")
+      detail_vms = get_in(detail_sample && detail_sample.payload, ["vms_detail", "vms"]) || []
+      detail_vm = Enum.find(detail_vms, &(&1["vmid"] == vm["vmid"])) || %{}
+      ips = detail_vm["ips"] || []
+
+      %{
+        vmid: vm["vmid"],
+        name: vm["name"],
+        type: vm["type"],
+        status: vm["status"],
+        host_name: host.name,
+        ips: ips
+      }
+    end
+  end
+
+  defp filter(vms, ""), do: vms
+
+  defp filter(vms, q) do
+    q = String.downcase(q)
+
+    Enum.filter(vms, fn vm ->
+      String.contains?(String.downcase(vm.name || ""), q) or
+        Enum.any?(vm.ips, &String.contains?(&1, q))
+    end)
+  end
+
+  @impl true
+  def render(assigns) do
+    ~H"""
+    <div class="p-6 max-w-6xl mx-auto space-y-4">
+      <.link navigate={~p"/"} class="text-sm text-zinc-500 hover:text-zinc-900">← Back</.link>
+      <h1 class="text-2xl font-bold">VM Search</h1>
+
+      <form phx-change="search">
+        <input
+          name="q"
+          value={@q}
+          placeholder="Search by name or IP…"
+          autofocus
+          class="w-full rounded-md border-zinc-300 focus:border-zinc-400 focus:ring-0"
+        />
+      </form>
+
+      <table class="w-full text-sm bg-white border rounded-lg">
+        <thead>
+          <tr class="text-left text-zinc-500 border-b">
+            <th class="py-2 px-3">Name</th>
+            <th class="py-2 px-3">Host</th>
+            <th class="py-2 px-3">Type</th>
+            <th class="py-2 px-3">Status</th>
+            <th class="py-2 px-3">IPs</th>
+          </tr>
+        </thead>
+        <tbody>
+          <tr :for={vm <- filter(@vms, @q)} class="border-b last:border-b-0">
+            <td class="py-2 px-3 font-mono">{vm.name}</td>
+            <td class="py-2 px-3">
+              <.link
+                navigate={~p"/hosts/#{vm.host_name}"}
+                class="text-zinc-700 hover:text-zinc-900 underline"
+              >
+                {vm.host_name}
+              </.link>
+            </td>
+            <td class="py-2 px-3">{vm.type}</td>
+            <td class="py-2 px-3">{vm.status}</td>
+            <td class="py-2 px-3 font-mono text-xs">{Enum.join(vm.ips, ", ")}</td>
+          </tr>
+          <tr :if={filter(@vms, @q) == []}>
+            <td colspan="5" class="py-4 px-3 text-center text-zinc-500">No matches.</td>
+          </tr>
+        </tbody>
+      </table>
+    </div>
+    """
+  end
+end
diff --git a/server/test/server_web/live/vm_search_live_test.exs b/server/test/server_web/live/vm_search_live_test.exs
new file mode 100644
index 0000000..1596502
--- /dev/null
+++ b/server/test/server_web/live/vm_search_live_test.exs
@@ -0,0 +1,71 @@
+defmodule ServerWeb.VmSearchLiveTest do
+  use ServerWeb.ConnCase, async: false
+
+  import Phoenix.LiveViewTest
+  alias Server.{Hosts, Metrics}
+
+  defp auth(conn), do: Plug.Test.init_test_session(conn, %{authenticated: true})
+
+  setup do
+    {:ok, {h1, _}} = Hosts.create_host("pve-01")
+    {:ok, {h2, _}} = Hosts.create_host("pve-02")
+
+    fast1 = %{
+      "vms_runtime" => %{
+        "vms" => [
+          %{"vmid" => 100, "name" => "nginx-proxy", "type" => "qemu", "status" => "running"}
+        ]
+      }
+    }
+
+    fast2 = %{
+      "vms_runtime" => %{
+        "vms" => [
+          %{"vmid" => 200, "name" => "db-primary", "type" => "qemu", "status" => "running"}
+        ]
+      }
+    }
+
+    medium1 = %{
+      "vms_detail" => %{
+        "vms" => [%{"vmid" => 100, "name" => "nginx-proxy", "ips" => ["192.168.1.10"]}]
+      }
+    }
+
+    {:ok, _} = Metrics.record_sample(h1.id, "fast", DateTime.utc_now(), fast1)
+    {:ok, _} = Metrics.record_sample(h2.id, "fast", DateTime.utc_now(), fast2)
+    {:ok, _} = Metrics.record_sample(h1.id, "medium", DateTime.utc_now(), medium1)
+
+    :ok
+  end
+
+  test "lists all VMs from all hosts by default", %{conn: conn} do
+    {:ok, _view, html} = live(auth(conn), "/vms")
+    assert html =~ "nginx-proxy"
+    assert html =~ "db-primary"
+  end
+
+  test "filters by name substring", %{conn: conn} do
+    {:ok, view, _html} = live(auth(conn), "/vms")
+
+    html =
+      view
+      |> form("form", q: "nginx")
+      |> render_change()
+
+    assert html =~ "nginx-proxy"
+    refute html =~ "db-primary"
+  end
+
+  test "filters by IP substring (matches detail payload)", %{conn: conn} do
+    {:ok, view, _html} = live(auth(conn), "/vms")
+
+    html =
+      view
+      |> form("form", q: "192.168.1")
+      |> render_change()
+
+    assert html =~ "nginx-proxy"
+    refute html =~ "db-primary"
+  end
+end