diff --git a/conan/cli/commands/list.py b/conan/cli/commands/list.py
index 5b74207af77..966d30f3d06 100644
--- a/conan/cli/commands/list.py
+++ b/conan/cli/commands/list.py
@@ -82,6 +82,65 @@ def format_timestamps(item):
     print_serial(info)
 
 
+def print_list_compact(results):
+    info = results["results"]
+    # Extract command single package name
+    new_info = {}
+
+    for remote, remote_info in info.items():
+        if not remote_info or "error" in remote_info:
+            new_info[remote] = {"warning": "There are no matching recipe references"}
+            continue
+        new_remote_info = {}
+        for ref, ref_info in remote_info.items():
+            new_ref_info = {}
+            for rrev, rrev_info in ref_info.get("revisions", {}).items():
+                new_rrev_info = {}
+                new_rrev = f"{ref}#{rrev}"
+                timestamp = rrev_info.get("timestamp")
+                if timestamp:
+                    new_rrev += f" ({timestamp_to_str(timestamp)})"
+                # collect all options
+                common_options = {}
+                for pid, pid_info in rrev_info.get("packages", {}).items():
+                    options = pid_info.get("info", {}).get("options", {})
+                    common_options.update(options)
+                for pid, pid_info in rrev_info.get("packages", {}).items():
+                    options = pid_info.get("info", {}).get("options")
+                    if options:  # If a package has no options, like header-only, skip
+                        common_options = {k: v for k, v in common_options.items()
+                                          if k in options and v == options[k]}
+                for pid, pid_info in rrev_info.get("packages", {}).items():
+                    options = pid_info.get("info", {}).get("options")
+                    if options:
+                        for k, v in options.items():
+                            if v != common_options.get(k):
+                                common_options.pop(k, None)
+                # format options
+                for pid, pid_info in rrev_info.get("packages", {}).items():
+                    new_pid = f"{ref}#{rrev}:{pid}"
+                    new_pid_info = {}
+                    info = pid_info.get("info")
+                    settings = info.get("settings")
+                    if settings:  # A bit of pretty order, first OS-ARCH
+                        values = [settings.pop(s, None)
+                                  for s in ("os", "arch", "build_type", "compiler")]
+                        values = [v for v in values if v is not None]
+                        values.extend(settings.values())
+                        new_pid_info["settings"] = ", ".join(values)
+                    options = info.get("options")
+                    if options:
+                        diff_options = {k: v for k, v in options.items() if k not in common_options}
+                        options = ", ".join(f"{k}={v}" for k, v in diff_options.items())
+                        new_pid_info["options(diff)"] = options
+                    new_rrev_info[new_pid] = new_pid_info
+                new_ref_info[new_rrev] = new_rrev_info
+            new_remote_info[ref] = new_ref_info
+        new_info[remote] = new_remote_info
+
+    print_serial(new_info)
+
+
 def print_list_json(data):
     results = data["results"]
     myjson = json.dumps(results, indent=4)
@@ -90,7 +149,8 @@ def print_list_json(data):
 
 @conan_command(group="Consumer", formatters={"text": print_list_text,
                                              "json": print_list_json,
-                                             "html": list_packages_html})
+                                             "html": list_packages_html,
+                                             "compact": print_list_compact})
 def list(conan_api: ConanAPI, parser, *args):
     """
     List existing recipes, revisions, or packages in the cache (by default) or the remotes.
diff --git a/conans/test/integration/command_v2/list_test.py b/conans/test/integration/command_v2/list_test.py
index 25f5e1db362..1550a30fa6b 100644
--- a/conans/test/integration/command_v2/list_test.py
+++ b/conans/test/integration/command_v2/list_test.py
@@ -731,9 +731,8 @@ def test_list_html(self):
         c.run("create dep")
         c.run("create pkg -s os=Windows -s arch=x86")
         # Revision is needed explicitly!
-        c.run("list pkg/2.3.4#latest --format=html", redirect_stdout="table.html")
-        table = c.load("table.html")
-        assert "<!DOCTYPE html>" in table
+        c.run("list pkg/2.3.4#latest --format=html")
+        assert "<!DOCTYPE html>" in c.stdout
         # TODO: The actual good html is missing
 
     def test_list_html_custom(self):
@@ -747,3 +746,48 @@ def test_list_html_custom(self):
         c.save({"list_packages.html": '{{ base_template_path }}'}, path=template_folder)
         c.run("list lib/0.1#latest --format=html")
         assert template_folder in c.stdout
+
+
+class TestListCompact:
+    def test_list_compact(self):
+        c = TestClient()
+        c.save({"conanfile.py": GenConanfile("pkg", "1.0").with_settings("os", "arch")
+                                                          .with_shared_option(False)})
+        c.run("create . -s os=Windows -s arch=x86")
+        c.run("create . -s os=Linux -s arch=armv8")
+        c.run("create . -s os=Macos -s arch=armv8 -o shared=True")
+        c.run("list pkg:* --format=compact")
+
+        expected = textwrap.dedent("""\
+            pkg/1.0#03591c8b22497dd74214e08b3bf2a56f:2a67a51fbf36a4ee345b2125dd2642be60ffd3ec
+              settings: Macos, armv8
+              options(diff): shared=True
+            pkg/1.0#03591c8b22497dd74214e08b3bf2a56f:2d46abc802bbffdf2af11591e3e452bc6149ea2b
+              settings: Linux, armv8
+              options(diff): shared=False
+            pkg/1.0#03591c8b22497dd74214e08b3bf2a56f:d2e97769569ac0a583d72c10a37d5ca26de7c9fa
+              settings: Windows, x86
+              options(diff): shared=False
+            """)
+        assert textwrap.indent(expected, "      ") in c.stdout
+
+    def test_list_compact_no_settings_no_options(self):
+        c = TestClient()
+        c.save({"pkg/conanfile.py": GenConanfile("pkg", "1.0").with_settings("os", "arch"),
+                "other/conanfile.py": GenConanfile("other", "1.0")})
+        c.run("create pkg -s os=Windows -s arch=x86")
+        c.run("create other")
+        c.run("list *:* --format=compact")
+        expected_output = re.sub(r"\(.*\)", "(timestamp)", c.stdout)
+        expected = textwrap.dedent("""\
+            Local Cache
+              other/1.0
+                other/1.0#d3c8cc5e6d23ca8c6f0eaa6285c04cbd (timestamp)
+                  other/1.0#d3c8cc5e6d23ca8c6f0eaa6285c04cbd:da39a3ee5e6b4b0d3255bfef95601890afd80709
+              pkg/1.0
+                pkg/1.0#d24b74828b7681f08d8f5ba0e7fd791e (timestamp)
+                  pkg/1.0#d24b74828b7681f08d8f5ba0e7fd791e:c11e463c49652ba9c5adc62573ee49f966bd8417
+                    settings: Windows, x86
+            """)
+
+        assert expected == expected_output