diff --git a/skimage/restoration/_denoise.py b/skimage/restoration/_denoise.py
index 2d9af004..accaeda5 100644
--- a/skimage/restoration/_denoise.py
+++ b/skimage/restoration/_denoise.py
@@ -332,3 +332,126 @@ def denoise_tv_chambolle(im, weight=0.1, eps=2.e-4, n_iter_max=200,
     else:
         out = _denoise_tv_chambolle_nd(im, weight, eps, n_iter_max)
     return out
+
+
+def _wavelet_threshold(im, wavelet, threshold=None, sigma=None, mode='soft'):
+    """Performs wavelet denoising.
+    Parameters
+    ----------
+    im : ndarray (2d or 3d) of ints, uints or floats
+        Input data to be denoised. `im` can be of any numeric type,
+        but it is cast into an ndarray of floats for the computation
+        of the denoised image.
+    wavelet : string
+        The type of wavelet to perform. Can be any of the options
+        [pywt.wavelist]_ outputs. For example, this may be any of ``{db1, db2,
+        db3, db4, haar}``.
+    sigma : float, optional
+        The standard deviation of the noise. The noise is estimated when sigma is None (the default).
+    threshold : float, optional
+        The thresholding value. All wavelet coefficients less than this value
+        are set to 0. The default value (None) uses the SureShrink method found in
+        [1]_ to remove noise.
+    mode : {'soft', 'hard'}, optional
+        An optional argument to choose the type of denoising performed. It
+        noted that choosing soft thresholding given additive noise finds the
+        best approximation of the original image.
+
+    Returns
+    -------
+    out : ndarray
+        Denoised image.
+
+    References
+    ----------
+    .. [1] Chang, S. Grace, Bin Yu, and Martin Vetterli. "Adaptive wavelet
+           thresholding for image denoising and compression." Image Processing,
+           IEEE Transactions on 9.9 (2000): 1532-1546.
+    """
+    import pywt
+    coeffs = pywt.wavedecn(im, wavelet=wavelet)
+    detail_coeffs = coeffs[-1]['d' * im.ndim]
+
+    if sigma is None:
+        # Estimate the noise std.dev as discussed in PR #1837
+        sigma = np.median(np.abs(detail_coeffs)) / 0.67448975019608171
+
+    if threshold is None:
+        # The BayesShrink threshold from [1]_ in docstring
+        threshold = sigma**2 / np.sqrt(max(im.var() - sigma**2, 0))
+
+    denoised_detail = [{key: pywt.threshold(level[key], value=threshold,
+                       mode=mode) for key in level} for level in coeffs[1:]]
+    denoised_root = pywt.threshold(coeffs[0], value=threshold, mode=mode)
+    return pywt.waverecn([denoised_root, *denoised_detail], wavelet)
+
+
+def denoise_wavelet(im, sigma=None, wavelet='db1', mode='soft'):
+    """Performs wavelet denoising on an image.
+    Parameters
+    ----------
+    im : ndarray (greater than 2d) of ints, uints or floats
+        Input data to be denoised. `im` can be of any numeric type,
+        but it is cast into an ndarray of floats for the computation
+        of the denoised image.
+    sigma : float, optional
+        The noise standard deviation used when computing the threshold
+        adaptively as described in [1]_.
+    wavelet : string, optional
+        The type of wavelet to perform and can be any of the options
+        [pywt.wavelist]_ outputs. The default is `'db1'`. For example,
+        ``wavelet`` can be any of ``{'db2', 'haar', 'sym9'}`` and many more.
+    mode : {'soft', 'hard'}, optional
+        An optional argument to choose the type of denoising performed. It
+        noted that choosing soft thresholding given additive noise finds the
+        best approximation of the original image.
+    Returns
+    -------
+    out : ndarray
+        Denoised image.
+    Notes
+    -----
+    As with the Fourier transform, there is an analogue to frequency in the
+    wavelet domain. Correspondingly, many pixel values of an image are 0 after
+    taking the wavelet transform.
+    By wavelet denoising, we are enforcing that many of the wavelet coefficients
+    are 0 while keeping the error small. When we use soft thresholding, our
+    estimate is
+    .. math:: \widehat{x} = \arg \min_x ||z - x||_2^2 + \lambda ||x||_1
+    where :math:`z` is the input image wavelet coefficients and :math:`\lambda`
+    is the threshold.
+    This function performs wavelet denoising on each color plane separately. The
+    output is clipped between 0 and 1.
+    References
+    ----------
+    .. [1] Chang, S. Grace, Bin Yu, and Martin Vetterli. "Adaptive wavelet
+           thresholding for image denoising and compression." Image Processing,
+           IEEE Transactions on 9.9 (2000): 1532-1546.
+    .. [pywt.wavelist] http://pywavelets.readthedocs.org/en/latest/ref/wavelets.html#wavelet-wavelist
+
+    Examples
+    --------
+    >>> from skimage import color, data
+    >>> img = data.astronaut() * 1.0 / 255
+    >>> img = color.rgb2gray(img)
+    >>> img += 0.5 * img.std() * np.random.randn(*img.shape)
+    >>> img = np.clip(img, 0, 1)
+    >>> denoised_img = denoise_wavelet(img)
+    >>> assert denoised_img.min() >= 0.0
+    >>> assert denoised_img.max() <= 1.0
+    """
+
+    if not im.dtype.kind == 'f':
+        im = img_as_float(im)
+
+    if im.ndim == 2:
+        out = _wavelet_threshold(im, wavelet=wavelet, mode=mode,
+                                 sigma=sigma)
+
+    else:
+        out = np.dstack([_wavelet_threshold(im[..., c], wavelet=wavelet,
+                                            mode=mode, sigma=sigma)
+                         for c in range(im.ndim)])
+
+    # ensure valid image in 0, 1 is returned
+    return np.clip(out, 0, 1)