diff --git a/doc/nvim-tree-lua.txt b/doc/nvim-tree-lua.txt
index 65c6bba89c8..5bc23a4d693 100644
--- a/doc/nvim-tree-lua.txt
+++ b/doc/nvim-tree-lua.txt
@@ -362,7 +362,16 @@ applying configuration.
           },
         },
         icons = {
-          webdev_colors = true,
+          web_devicons = {
+            file = {
+              enable = true,
+              color = true,
+            },
+            folder = {
+              enable = false,
+              color = true,
+            },
+          },
           git_placement = "before",
           modified_placement = "after",
           padding = " ",
@@ -970,9 +979,32 @@ UI rendering setup
     *nvim-tree.renderer.icons*
     Configuration options for icons.
 
-        *nvim-tree.renderer.icons.webdev_colors*
-        Use the webdev icon colors, otherwise `NvimTreeFileIcon`.
-          Type: `boolean`, Default: `true`
+        *nvim-tree.renderer.icons.web_devicons*
+        Configure optional plugin `"nvim-tree/nvim-web-devicons"`
+
+            *nvim-tree.renderer.icons.web_devicons.file*
+            File icons.
+
+                *nvim-tree.renderer.icons.web_devicons.file.enable*
+                Show icons on files.
+                Overrides |nvim-tree.renderer.icons.glyphs.default|
+                  Type: `boolean`, Default: `true`
+
+                *nvim-tree.renderer.icons.web_devicons.file.color*
+                Use icon colors for files.
+                  Type: `boolean`, Default: `true`
+
+            *nvim-tree.renderer.icons.web_devicons.folder*
+            Folder icons.
+
+                *nvim-tree.renderer.icons.web_devicons.folder.enable*
+                Show icons on folders.
+                Overrides |nvim-tree.renderer.icons.glyphs.folder|
+                  Type: `boolean`, Default: `false`
+
+                *nvim-tree.renderer.icons.web_devicons.folder.color*
+                Use icon colors for folders.
+                  Type: `boolean`, Default: `true`
 
         *nvim-tree.renderer.icons.git_placement*
         Place where the git icons will be rendered.
@@ -999,7 +1031,7 @@ UI rendering setup
         Configuration options for showing icon types.
 
             *nvim-tree.renderer.icons.show.file*
-            Show an icon before the file name. `nvim-web-devicons` will be used if available.
+            Show an icon before the file name.
               Type: `boolean`, Default: `true`
 
             *nvim-tree.renderer.icons.show.folder*
@@ -1027,7 +1059,8 @@ UI rendering setup
         to appear in the signcolumn.
 
             *nvim-tree.renderer.icons.glyphs.default*
-            Glyph for files. Will be overridden by `nvim-web-devicons` if available.
+            Glyph for files.
+            Overridden by |nvim-tree.renderer.icons.web_devicons| if available.
               Type: `string`, Default: `""`
 
             *nvim-tree.renderer.icons.glyphs.symlink*
@@ -1040,6 +1073,7 @@ UI rendering setup
 
             *nvim-tree.renderer.icons.glyphs.folder*
             Glyphs for directories.
+            Overridden by |nvim-tree.renderer.icons.web_devicons| if available.
               Type: `table`, Default:
                 `{`
                   `arrow_closed = "",`
diff --git a/lua/nvim-tree.lua b/lua/nvim-tree.lua
index 3d27d068f0f..ec14dbc9a86 100644
--- a/lua/nvim-tree.lua
+++ b/lua/nvim-tree.lua
@@ -426,7 +426,16 @@ local DEFAULT_OPTS = { -- BEGIN_DEFAULT_OPTS
       },
     },
     icons = {
-      webdev_colors = true,
+      web_devicons = {
+        file = {
+          enable = true,
+          color = true,
+        },
+        folder = {
+          enable = false,
+          color = true,
+        },
+      },
       git_placement = "before",
       modified_placement = "after",
       padding = " ",
diff --git a/lua/nvim-tree/legacy.lua b/lua/nvim-tree/legacy.lua
index 58a6a035073..1832044f178 100644
--- a/lua/nvim-tree/legacy.lua
+++ b/lua/nvim-tree/legacy.lua
@@ -38,6 +38,17 @@ local function refactored(opts)
 
   -- 2023/07/16
   utils.move_missing_val(opts, "git", "ignore", opts, "filters", "git_ignored", true)
+
+  -- 2023/08/26
+  utils.move_missing_val(
+    opts,
+    "renderer.icons",
+    "webdev_colors",
+    opts,
+    "renderer.icons.web_devicons.file",
+    "color",
+    true
+  )
 end
 
 local function deprecated(opts)
diff --git a/lua/nvim-tree/renderer/builder.lua b/lua/nvim-tree/renderer/builder.lua
index 4478afd1ca5..5dca0dcc536 100644
--- a/lua/nvim-tree/renderer/builder.lua
+++ b/lua/nvim-tree/renderer/builder.lua
@@ -130,11 +130,10 @@ end
 ---@return HighlightedString icon, HighlightedString name
 function Builder:_build_folder(node)
   local has_children = #node.nodes ~= 0 or node.has_children
-  local icon = icons.get_folder_icon(node.open, node.link_to ~= nil, has_children)
+  local icon, icon_hl = icons.get_folder_icon(node, has_children)
   local foldername = get_folder_name(node) .. self.trailing_slash
 
-  local icon_hl
-  if #icon > 0 then
+  if #icon > 0 and icon_hl == nil then
     if node.open then
       icon_hl = "NvimTreeOpenedFolderIcon"
     else
diff --git a/lua/nvim-tree/renderer/components/icons.lua b/lua/nvim-tree/renderer/components/icons.lua
index 5cf1940815a..ab0d327bc21 100644
--- a/lua/nvim-tree/renderer/components/icons.lua
+++ b/lua/nvim-tree/renderer/components/icons.lua
@@ -9,13 +9,14 @@ local function empty()
   return ""
 end
 
-local function get_folder_icon(open, is_symlink, has_children)
+local function get_folder_icon_default(node, has_children)
+  local is_symlink = node.links_to ~= nil
   local n
-  if is_symlink and open then
+  if is_symlink and node.open then
     n = M.config.glyphs.folder.symlink_open
   elseif is_symlink then
     n = M.config.glyphs.folder.symlink
-  elseif open then
+  elseif node.open then
     if has_children then
       n = M.config.glyphs.folder.open
     else
@@ -28,7 +29,19 @@ local function get_folder_icon(open, is_symlink, has_children)
       n = M.config.glyphs.folder.empty
     end
   end
-  return n
+  return n, nil
+end
+
+local function get_folder_icon_webdev(node, has_children)
+  local icon, hl_group = M.devicons.get_icon(node.name, node.extension)
+  if not M.config.web_devicons.folder.color then
+    hl_group = nil
+  end
+  if icon ~= nil then
+    return icon, hl_group
+  else
+    return get_folder_icon_default(node, has_children)
+  end
 end
 
 local function get_file_icon_default()
@@ -43,7 +56,7 @@ end
 
 local function get_file_icon_webdev(fname, extension)
   local icon, hl_group = M.devicons.get_icon(fname, extension)
-  if not M.config.webdev_colors then
+  if not M.config.web_devicons.file.color then
     hl_group = "NvimTreeFileIcon"
   end
   if icon and hl_group ~= "DevIconDefault" then
@@ -58,7 +71,7 @@ end
 
 local function config_file_icon()
   if M.config.show.file then
-    if M.devicons then
+    if M.devicons and M.config.web_devicons.file.enable then
       M.get_file_icon = get_file_icon_webdev
     else
       M.get_file_icon = get_file_icon_default
@@ -70,7 +83,11 @@ end
 
 local function config_folder_icon()
   if M.config.show.folder then
-    M.get_folder_icon = get_folder_icon
+    if M.devicons and M.config.web_devicons.folder.enable then
+      M.get_folder_icon = get_folder_icon_webdev
+    else
+      M.get_folder_icon = get_folder_icon_default
+    end
   else
     M.get_folder_icon = empty
   end