diff --git a/packages/block-library/src/image/edit.native.js b/packages/block-library/src/image/edit.native.js
index e48e0bb401544..263bd1d2d263f 100644
--- a/packages/block-library/src/image/edit.native.js
+++ b/packages/block-library/src/image/edit.native.js
@@ -20,11 +20,11 @@ import {
 	Icon,
 	PanelBody,
 	TextControl,
-	ToggleControl,
 	ToolbarButton,
 	ToolbarGroup,
 	Image,
 	WIDE_ALIGNMENTS,
+	LinkSettingsNavigation,
 } from '@wordpress/components';
 import {
 	BlockCaption,
@@ -43,8 +43,6 @@ import { doAction, hasAction } from '@wordpress/hooks';
 import { compose, withPreferredColorScheme } from '@wordpress/compose';
 import { withSelect } from '@wordpress/data';
 import {
-	external,
-	link,
 	image as placeholderIcon,
 	textColor,
 	replace,
@@ -338,6 +336,49 @@ export class ImageEdit extends React.Component {
 			: width;
 	}
 
+	getLinkSettings() {
+		const { isLinkSheetVisible } = this.state;
+		const {
+			attributes: { href: url, ...unMappedAttributes },
+			setAttributes,
+		} = this.props;
+
+		const mappedAttributes = { ...unMappedAttributes, url };
+		const setMappedAttributes = ( { url: href, ...restAttributes } ) =>
+			href === undefined
+				? setAttributes( restAttributes )
+				: setAttributes( { ...restAttributes, href } );
+
+		const options = {
+			url: {
+				label: __( 'Image Link URL' ),
+				placeholder: __( 'Add URL' ),
+				autoFocus: false,
+				autoFill: true,
+			},
+			openInNewTab: {
+				label: __( 'Open in new tab' ),
+			},
+			linkRel: {
+				label: __( 'Link Rel' ),
+				placeholder: __( 'None' ),
+			},
+		};
+
+		return (
+			<LinkSettingsNavigation
+				isVisible={ isLinkSheetVisible }
+				attributes={ mappedAttributes }
+				onClose={ this.dismissSheet }
+				setAttributes={ setMappedAttributes }
+				withBottomSheet={ false }
+				hasPicker
+				options={ options }
+				showIcon={ false }
+			/>
+		);
+	}
+
 	render() {
 		const { isCaptionSelected } = this.state;
 		const {
@@ -347,16 +388,7 @@ export class ImageEdit extends React.Component {
 			imageSizes,
 			clientId,
 		} = this.props;
-		const {
-			align,
-			url,
-			alt,
-			href,
-			id,
-			linkTarget,
-			sizeSlug,
-			className,
-		} = attributes;
+		const { align, url, alt, id, sizeSlug, className } = attributes;
 
 		const sizeOptions = map( imageSizes, ( { name, slug } ) => ( {
 			value: slug,
@@ -392,22 +424,6 @@ export class ImageEdit extends React.Component {
 					) }
 				</PanelBody>
 				<PanelBody>
-					<TextControl
-						icon={ link }
-						label={ __( 'Link To' ) }
-						value={ href || '' }
-						valuePlaceholder={ __( 'Add URL' ) }
-						onChange={ this.onSetLinkDestination }
-						autoCapitalize="none"
-						autoCorrect={ false }
-						keyboardType="url"
-					/>
-					<ToggleControl
-						icon={ external }
-						label={ __( 'Open in new tab' ) }
-						checked={ linkTarget === '_blank' }
-						onChange={ this.onSetNewTab }
-					/>
 					{ image && sizeOptionsValid && (
 						<CycleSelectControl
 							icon={ expand }
@@ -427,6 +443,9 @@ export class ImageEdit extends React.Component {
 						onChangeValue={ this.updateAlt }
 					/>
 				</PanelBody>
+				<PanelBody title={ __( 'Link Settings' ) }>
+					{ this.getLinkSettings( true ) }
+				</PanelBody>
 			</InspectorControls>
 		);
 
diff --git a/packages/components/src/mobile/link-settings/index.native.js b/packages/components/src/mobile/link-settings/index.native.js
index ddd7b9e4ce58a..4d5b2a496a299 100644
--- a/packages/components/src/mobile/link-settings/index.native.js
+++ b/packages/components/src/mobile/link-settings/index.native.js
@@ -224,26 +224,30 @@ function LinkSettings( {
 						onChange={ onChangeLabel }
 					/>
 				) }
-				{ options.openInNewTab && (
-					<ToggleControl
-						icon={ showIcon && external }
-						label={ options.openInNewTab.label }
-						checked={ linkTarget === '_blank' }
-						onChange={ onChangeOpenInNewTab }
-					/>
-				) }
-				{ options.linkRel && (
-					<TextControl
-						icon={ showIcon && LinkRelIcon }
-						label={ options.linkRel.label }
-						value={ linkRelInputValue }
-						valuePlaceholder={ options.linkRel.placeholder }
-						onChange={ onChangeLinkRel }
-						onSubmit={ onCloseSettingsSheet }
-						autoCapitalize="none"
-						autoCorrect={ false }
-						keyboardType="url"
-					/>
+				{ !! urlInputValue && (
+					<>
+						{ options.openInNewTab && (
+							<ToggleControl
+								icon={ showIcon && external }
+								label={ options.openInNewTab.label }
+								checked={ linkTarget === '_blank' }
+								onChange={ onChangeOpenInNewTab }
+							/>
+						) }
+						{ options.linkRel && (
+							<TextControl
+								icon={ showIcon && LinkRelIcon }
+								label={ options.linkRel.label }
+								value={ linkRelInputValue }
+								valuePlaceholder={ options.linkRel.placeholder }
+								onChange={ onChangeLinkRel }
+								onSubmit={ onCloseSettingsSheet }
+								autoCapitalize="none"
+								autoCorrect={ false }
+								keyboardType="url"
+							/>
+						) }
+					</>
 				) }
 			</>
 		);
diff --git a/packages/format-library/src/link/modal-screens/link-settings-screen.native.js b/packages/format-library/src/link/modal-screens/link-settings-screen.native.js
index b69d347e065c1..b4bba800d69fe 100644
--- a/packages/format-library/src/link/modal-screens/link-settings-screen.native.js
+++ b/packages/format-library/src/link/modal-screens/link-settings-screen.native.js
@@ -137,6 +137,8 @@ const LinkSettingsScreen = ( {
 	}, [ navigation, route.params?.text, text ] );
 
 	return useMemo( () => {
+		const shouldShowLinkOptions = !! inputValue;
+
 		return (
 			<>
 				<BottomSheet.LinkCell
@@ -150,20 +152,25 @@ const LinkSettingsScreen = ( {
 					placeholder={ __( 'Add link text' ) }
 					onChangeValue={ setText }
 					onSubmit={ submit }
+					separatorType={ shouldShowLinkOptions ? undefined : 'none' }
 				/>
-				<BottomSheet.SwitchCell
-					icon={ external }
-					label={ __( 'Open in new tab' ) }
-					value={ opensInNewWindow }
-					onValueChange={ setOpensInNewWindows }
-					separatorType={ 'fullWidth' }
-				/>
-				<BottomSheet.Cell
-					label={ __( 'Remove link' ) }
-					labelStyle={ styles.clearLinkButton }
-					separatorType={ 'none' }
-					onPress={ removeLink }
-				/>
+				{ shouldShowLinkOptions && (
+					<>
+						<BottomSheet.SwitchCell
+							icon={ external }
+							label={ __( 'Open in new tab' ) }
+							value={ opensInNewWindow }
+							onValueChange={ setOpensInNewWindows }
+							separatorType={ 'fullWidth' }
+						/>
+						<BottomSheet.Cell
+							label={ __( 'Remove link' ) }
+							labelStyle={ styles.clearLinkButton }
+							separatorType={ 'none' }
+							onPress={ removeLink }
+						/>
+					</>
+				) }
 			</>
 		);
 	}, [ inputValue, text, opensInNewWindow, listProps.safeAreaBottomInset ] );