diff --git a/pytorch_lightning/core/lightning.py b/pytorch_lightning/core/lightning.py
index 57aa264244a68..f47c5a7d3a1fb 100644
--- a/pytorch_lightning/core/lightning.py
+++ b/pytorch_lightning/core/lightning.py
@@ -19,12 +19,13 @@
 import os
 import re
 import tempfile
+import types
 import uuid
 from abc import ABC
 from argparse import Namespace
 from functools import partial
 from pathlib import Path
-from typing import Any, Callable, Dict, List, Optional, Tuple, TYPE_CHECKING, Union
+from typing import Any, Callable, Dict, List, Optional, Sequence, Tuple, TYPE_CHECKING, Union
 
 import torch
 from torch import ScriptModule, Tensor
@@ -1582,55 +1583,84 @@ def _auto_collect_arguments(cls, frame=None) -> Tuple[Dict, Dict]:
             parents_arguments.update(args)
         return self_arguments, parents_arguments
 
-    def save_hyperparameters(self, *args, frame=None) -> None:
-        """Save all model arguments.
+    def save_hyperparameters(
+        self,
+        *args,
+        ignore: Optional[Union[Sequence[str], str]] = None,
+        frame: Optional[types.FrameType] = None
+    ) -> None:
+        """Save model arguments to ``hparams`` attribute.
 
         Args:
             args: single object of `dict`, `NameSpace` or `OmegaConf`
-             or string names or arguments from class `__init__`
-
-        >>> class ManuallyArgsModel(LightningModule):
-        ...     def __init__(self, arg1, arg2, arg3):
-        ...         super().__init__()
-        ...         # manually assign arguments
-        ...         self.save_hyperparameters('arg1', 'arg3')
-        ...     def forward(self, *args, **kwargs):
-        ...         ...
-        >>> model = ManuallyArgsModel(1, 'abc', 3.14)
-        >>> model.hparams
-        "arg1": 1
-        "arg3": 3.14
-
-        >>> class AutomaticArgsModel(LightningModule):
-        ...     def __init__(self, arg1, arg2, arg3):
-        ...         super().__init__()
-        ...         # equivalent automatic
-        ...         self.save_hyperparameters()
-        ...     def forward(self, *args, **kwargs):
-        ...         ...
-        >>> model = AutomaticArgsModel(1, 'abc', 3.14)
-        >>> model.hparams
-        "arg1": 1
-        "arg2": abc
-        "arg3": 3.14
-
-        >>> class SingleArgModel(LightningModule):
-        ...     def __init__(self, params):
-        ...         super().__init__()
-        ...         # manually assign single argument
-        ...         self.save_hyperparameters(params)
-        ...     def forward(self, *args, **kwargs):
-        ...         ...
-        >>> model = SingleArgModel(Namespace(p1=1, p2='abc', p3=3.14))
-        >>> model.hparams
-        "p1": 1
-        "p2": abc
-        "p3": 3.14
+                or string names or arguments from class ``__init__``
+            ignore: an argument name or a list of argument names from
+                class ``__init__`` to be ignored
+            frame: a frame object. Default is None
+
+        Example::
+            >>> class ManuallyArgsModel(LightningModule):
+            ...     def __init__(self, arg1, arg2, arg3):
+            ...         super().__init__()
+            ...         # manually assign arguments
+            ...         self.save_hyperparameters('arg1', 'arg3')
+            ...     def forward(self, *args, **kwargs):
+            ...         ...
+            >>> model = ManuallyArgsModel(1, 'abc', 3.14)
+            >>> model.hparams
+            "arg1": 1
+            "arg3": 3.14
+
+            >>> class AutomaticArgsModel(LightningModule):
+            ...     def __init__(self, arg1, arg2, arg3):
+            ...         super().__init__()
+            ...         # equivalent automatic
+            ...         self.save_hyperparameters()
+            ...     def forward(self, *args, **kwargs):
+            ...         ...
+            >>> model = AutomaticArgsModel(1, 'abc', 3.14)
+            >>> model.hparams
+            "arg1": 1
+            "arg2": abc
+            "arg3": 3.14
+
+            >>> class SingleArgModel(LightningModule):
+            ...     def __init__(self, params):
+            ...         super().__init__()
+            ...         # manually assign single argument
+            ...         self.save_hyperparameters(params)
+            ...     def forward(self, *args, **kwargs):
+            ...         ...
+            >>> model = SingleArgModel(Namespace(p1=1, p2='abc', p3=3.14))
+            >>> model.hparams
+            "p1": 1
+            "p2": abc
+            "p3": 3.14
+
+            >>> class ManuallyArgsModel(LightningModule):
+            ...     def __init__(self, arg1, arg2, arg3):
+            ...         super().__init__()
+            ...         # pass argument(s) to ignore as a string or in a list
+            ...         self.save_hyperparameters(ignore='arg2')
+            ...     def forward(self, *args, **kwargs):
+            ...         ...
+            >>> model = ManuallyArgsModel(1, 'abc', 3.14)
+            >>> model.hparams
+            "arg1": 1
+            "arg3": 3.14
         """
         if not frame:
             frame = inspect.currentframe().f_back
         init_args = get_init_args(frame)
         assert init_args, "failed to inspect the self init"
+
+        if ignore is not None:
+            if isinstance(ignore, str):
+                ignore = [ignore]
+            if isinstance(ignore, (list, tuple)):
+                ignore = [arg for arg in ignore if isinstance(arg, str)]
+            init_args = {k: v for k, v in init_args.items() if k not in ignore}
+
         if not args:
             # take all arguments
             hp = init_args
diff --git a/tests/models/test_hparams.py b/tests/models/test_hparams.py
index 0e32ebea09d85..245621f77d2d8 100644
--- a/tests/models/test_hparams.py
+++ b/tests/models/test_hparams.py
@@ -695,3 +695,39 @@ def test_hparams(self):
         )
         trainer.fit(model)
         _ = TestHydraModel.load_from_checkpoint(checkpoint_callback.best_model_path)
+
+
+@pytest.mark.parametrize("ignore", ("arg2", ("arg2", "arg3")))
+def test_ignore_args_list_hparams(tmpdir, ignore):
+    """
+    Tests that args can be ignored in save_hyperparameters
+    """
+
+    class LocalModel(BoringModel):
+
+        def __init__(self, arg1, arg2, arg3):
+            super().__init__()
+            self.save_hyperparameters(ignore=ignore)
+
+    model = LocalModel(arg1=14, arg2=90, arg3=50)
+
+    # test proper property assignments
+    assert model.hparams.arg1 == 14
+    for arg in ignore:
+        assert arg not in model.hparams
+
+    # verify we can train
+    trainer = Trainer(default_root_dir=tmpdir, max_epochs=2, overfit_batches=0.5)
+    trainer.fit(model)
+
+    # make sure the raw checkpoint saved the properties
+    raw_checkpoint_path = _raw_checkpoint_path(trainer)
+    raw_checkpoint = torch.load(raw_checkpoint_path)
+    assert LightningModule.CHECKPOINT_HYPER_PARAMS_KEY in raw_checkpoint
+    assert raw_checkpoint[LightningModule.CHECKPOINT_HYPER_PARAMS_KEY]["arg1"] == 14
+
+    # verify that model loads correctly
+    model = LocalModel.load_from_checkpoint(raw_checkpoint_path, arg2=123, arg3=100)
+    assert model.hparams.arg1 == 14
+    for arg in ignore:
+        assert arg not in model.hparams