diff --git a/.changes/unreleased/Features-20230811-223109.yaml b/.changes/unreleased/Features-20230811-223109.yaml
new file mode 100644
index 00000000000..7bd87fa57a1
--- /dev/null
+++ b/.changes/unreleased/Features-20230811-223109.yaml
@@ -0,0 +1,6 @@
+kind: Features
+body: Allows for specifying a childs parents max depth
+time: 2023-08-11T22:31:09.729033-07:00
+custom:
+  Author: kentkr
+  Issue: CT-2599
diff --git a/core/dbt/graph/graph.py b/core/dbt/graph/graph.py
index cf569f3547d..36f2da994dc 100644
--- a/core/dbt/graph/graph.py
+++ b/core/dbt/graph/graph.py
@@ -52,9 +52,11 @@ def exclude_edge_type(self, edge_type_to_exclude):
     def filter_edges_by_type(self, first_node, second_node, edge_type):
         return self.graph.get_edge_data(first_node, second_node).get("edge_type") != edge_type
 
-    def select_childrens_parents(self, selected: Set[UniqueId]) -> Set[UniqueId]:
+    def select_childrens_parents(
+        self, selected: Set[UniqueId], max_depth: Optional[int] = None
+    ) -> Set[UniqueId]:
         ancestors_for = self.select_children(selected) | selected
-        return self.select_parents(ancestors_for) | ancestors_for
+        return self.select_parents(ancestors_for, max_depth) | ancestors_for
 
     def select_children(
         self, selected: Set[UniqueId], max_depth: Optional[int] = None
diff --git a/core/dbt/graph/selector.py b/core/dbt/graph/selector.py
index cc0b4ebe9fc..047056e3806 100644
--- a/core/dbt/graph/selector.py
+++ b/core/dbt/graph/selector.py
@@ -109,7 +109,8 @@ def collect_specified_neighbors(
         """
         additional: Set[UniqueId] = set()
         if spec.childrens_parents:
-            additional.update(self.graph.select_childrens_parents(selected))
+            depth = spec.childrens_parents_depth
+            additional.update(self.graph.select_childrens_parents(selected, depth))
 
         if spec.parents:
             depth = spec.parents_depth
diff --git a/core/dbt/graph/selector_spec.py b/core/dbt/graph/selector_spec.py
index e801aef7396..639c24301e5 100644
--- a/core/dbt/graph/selector_spec.py
+++ b/core/dbt/graph/selector_spec.py
@@ -14,7 +14,7 @@
 
 RAW_SELECTOR_PATTERN = re.compile(
     r"\A"
-    r"(?P<childrens_parents>(\@))?"
+    r"(?P<childrens_parents>((?P<childrens_parents_depth>(\d*))\@))?"
     r"(?P<parents>((?P<parents_depth>(\d*))\+))?"
     r"((?P<method>([\w.]+)):)?(?P<value>(.*?))"
     r"(?P<children>(\+(?P<children_depth>(\d*))))?"
@@ -68,6 +68,7 @@ class SelectionCriteria:
     method_arguments: List[str]
     value: Any
     childrens_parents: bool
+    childrens_parents_depth: Optional[int]
     parents: bool
     parents_depth: Optional[int]
     children: bool
@@ -118,6 +119,7 @@ def selection_criteria_from_dict(
 
         parents_depth = _match_to_int(dct, "parents_depth")
         children_depth = _match_to_int(dct, "children_depth")
+        childrens_parents_depth = _match_to_int(dct, "childrens_parents_depth")
 
         # If defined field in selector, override CLI flag
         indirect_selection = IndirectSelection(
@@ -130,6 +132,7 @@ def selection_criteria_from_dict(
             method_arguments=method_arguments,
             value=dct["value"],
             childrens_parents=bool(dct.get("childrens_parents")),
+            childrens_parents_depth=childrens_parents_depth,
             parents=bool(dct.get("parents")),
             parents_depth=parents_depth,
             children=bool(dct.get("children")),
diff --git a/tests/unit/graph/test_selector_spec.py b/tests/unit/graph/test_selector_spec.py
index 451b107d85c..ddb61134449 100644
--- a/tests/unit/graph/test_selector_spec.py
+++ b/tests/unit/graph/test_selector_spec.py
@@ -70,6 +70,7 @@ def test_raw_parse_simple():
     assert not result.parents
     assert result.parents_depth is None
     assert result.children_depth is None
+    assert result.childrens_parents_depth is None
 
 
 def test_raw_parse_simple_infer_path():
@@ -84,6 +85,7 @@ def test_raw_parse_simple_infer_path():
     assert not result.parents
     assert result.parents_depth is None
     assert result.children_depth is None
+    assert result.childrens_parents_depth is None
 
 
 def test_raw_parse_simple_infer_path_modified():
@@ -98,6 +100,22 @@ def test_raw_parse_simple_infer_path_modified():
     assert not result.parents
     assert result.parents_depth is None
     assert result.children_depth is None
+    assert result.childrens_parents_depth is None
+
+
+def test_raw_parse_simple_infer_fqn_childrens_parents():
+    raw = "1@asdf"
+    result = SelectionCriteria.from_single_spec(raw)
+    assert result.raw == raw
+    assert result.method == MethodName.FQN
+    assert result.method_arguments == []
+    assert result.value == "asdf"
+    assert result.childrens_parents
+    assert not result.children
+    assert not result.parents
+    assert result.parents_depth is None
+    assert result.children_depth is None
+    assert result.childrens_parents_depth == 1
 
 
 def test_raw_parse_simple_infer_fqn_parents():
@@ -112,6 +130,7 @@ def test_raw_parse_simple_infer_fqn_parents():
     assert result.parents
     assert result.parents_depth is None
     assert result.children_depth is None
+    assert result.childrens_parents_depth is None
 
 
 def test_raw_parse_simple_infer_fqn_children():
@@ -126,6 +145,7 @@ def test_raw_parse_simple_infer_fqn_children():
     assert not result.parents
     assert result.parents_depth is None
     assert result.children_depth is None
+    assert result.childrens_parents_depth is None
 
 
 def test_raw_parse_complex():
@@ -140,6 +160,7 @@ def test_raw_parse_complex():
     assert result.parents
     assert result.parents_depth == 2
     assert result.children_depth == 4
+    assert result.childrens_parents_depth is None
 
 
 def test_raw_parse_weird():
@@ -155,6 +176,7 @@ def test_raw_parse_weird():
     assert not result.parents
     assert result.parents_depth is None
     assert result.children_depth is None
+    assert result.childrens_parents_depth is None
 
 
 def test_raw_parse_invalid():
diff --git a/tests/unit/test_graph_selection.py b/tests/unit/test_graph_selection.py
index 5d5cbf7469d..a5e2cad7cff 100644
--- a/tests/unit/test_graph_selection.py
+++ b/tests/unit/test_graph_selection.py
@@ -89,6 +89,7 @@ def id_macro(arg):
     (["1+Y.f"], [], {"m.X.c", "m.Y.f"}),
     # childrens parents
     (["@X.c"], [], {"m.X.a", "m.X.c", "m.Y.f", "m.X.g"}),
+    (["1@X.c"], [], {"m.X.a", "m.X.c", "m.Y.f", "m.X.g"}),
     # multiple selection/exclusion
     (["tag:abc", "tag:bcef"], [], {"m.X.a", "m.Y.b", "m.X.c", "m.X.e", "m.Y.f"}),
     (["tag:abc", "tag:bcef"], ["tag:efg"], {"m.X.a", "m.Y.b", "m.X.c"}),
@@ -123,48 +124,51 @@ def test_run_specs(include, exclude, expected, graph, manifest):
 
 
 param_specs = [
-    ("a", False, None, False, None, "fqn", "a", False),
-    ("+a", True, None, False, None, "fqn", "a", False),
-    ("256+a", True, 256, False, None, "fqn", "a", False),
-    ("a+", False, None, True, None, "fqn", "a", False),
-    ("a+256", False, None, True, 256, "fqn", "a", False),
-    ("+a+", True, None, True, None, "fqn", "a", False),
-    ("16+a+32", True, 16, True, 32, "fqn", "a", False),
-    ("@a", False, None, False, None, "fqn", "a", True),
-    ("a.b", False, None, False, None, "fqn", "a.b", False),
-    ("+a.b", True, None, False, None, "fqn", "a.b", False),
-    ("256+a.b", True, 256, False, None, "fqn", "a.b", False),
-    ("a.b+", False, None, True, None, "fqn", "a.b", False),
-    ("a.b+256", False, None, True, 256, "fqn", "a.b", False),
-    ("+a.b+", True, None, True, None, "fqn", "a.b", False),
-    ("16+a.b+32", True, 16, True, 32, "fqn", "a.b", False),
-    ("@a.b", False, None, False, None, "fqn", "a.b", True),
-    ("a.b.*", False, None, False, None, "fqn", "a.b.*", False),
-    ("+a.b.*", True, None, False, None, "fqn", "a.b.*", False),
-    ("256+a.b.*", True, 256, False, None, "fqn", "a.b.*", False),
-    ("a.b.*+", False, None, True, None, "fqn", "a.b.*", False),
-    ("a.b.*+256", False, None, True, 256, "fqn", "a.b.*", False),
-    ("+a.b.*+", True, None, True, None, "fqn", "a.b.*", False),
-    ("16+a.b.*+32", True, 16, True, 32, "fqn", "a.b.*", False),
-    ("@a.b.*", False, None, False, None, "fqn", "a.b.*", True),
-    ("tag:a", False, None, False, None, "tag", "a", False),
-    ("+tag:a", True, None, False, None, "tag", "a", False),
-    ("256+tag:a", True, 256, False, None, "tag", "a", False),
-    ("tag:a+", False, None, True, None, "tag", "a", False),
-    ("tag:a+256", False, None, True, 256, "tag", "a", False),
-    ("+tag:a+", True, None, True, None, "tag", "a", False),
-    ("16+tag:a+32", True, 16, True, 32, "tag", "a", False),
-    ("@tag:a", False, None, False, None, "tag", "a", True),
-    ("source:a", False, None, False, None, "source", "a", False),
-    ("source:a+", False, None, True, None, "source", "a", False),
-    ("source:a+1", False, None, True, 1, "source", "a", False),
-    ("source:a+32", False, None, True, 32, "source", "a", False),
-    ("@source:a", False, None, False, None, "source", "a", True),
+    ("a", False, None, False, None, "fqn", "a", False, None),
+    ("+a", True, None, False, None, "fqn", "a", False, None),
+    ("256+a", True, 256, False, None, "fqn", "a", False, None),
+    ("a+", False, None, True, None, "fqn", "a", False, None),
+    ("a+256", False, None, True, 256, "fqn", "a", False, None),
+    ("+a+", True, None, True, None, "fqn", "a", False, None),
+    ("16+a+32", True, 16, True, 32, "fqn", "a", False, None),
+    ("@a", False, None, False, None, "fqn", "a", True, None),
+    ("20@a", False, None, False, None, "fqn", "a", True, 20),
+    ("a.b", False, None, False, None, "fqn", "a.b", False, None),
+    ("+a.b", True, None, False, None, "fqn", "a.b", False, None),
+    ("256+a.b", True, 256, False, None, "fqn", "a.b", False, None),
+    ("a.b+", False, None, True, None, "fqn", "a.b", False, None),
+    ("a.b+256", False, None, True, 256, "fqn", "a.b", False, None),
+    ("+a.b+", True, None, True, None, "fqn", "a.b", False, None),
+    ("16+a.b+32", True, 16, True, 32, "fqn", "a.b", False, None),
+    ("@a.b", False, None, False, None, "fqn", "a.b", True, None),
+    ("5@a.b", False, None, False, None, "fqn", "a.b", True, 5),
+    ("a.b.*", False, None, False, None, "fqn", "a.b.*", False, None),
+    ("+a.b.*", True, None, False, None, "fqn", "a.b.*", False, None),
+    ("256+a.b.*", True, 256, False, None, "fqn", "a.b.*", False, None),
+    ("a.b.*+", False, None, True, None, "fqn", "a.b.*", False, None),
+    ("a.b.*+256", False, None, True, 256, "fqn", "a.b.*", False, None),
+    ("+a.b.*+", True, None, True, None, "fqn", "a.b.*", False, None),
+    ("16+a.b.*+32", True, 16, True, 32, "fqn", "a.b.*", False, None),
+    ("@a.b.*", False, None, False, None, "fqn", "a.b.*", True, None),
+    ("12@a.b.*", False, None, False, None, "fqn", "a.b.*", True, 12),
+    ("tag:a", False, None, False, None, "tag", "a", False, None),
+    ("+tag:a", True, None, False, None, "tag", "a", False, None),
+    ("256+tag:a", True, 256, False, None, "tag", "a", False, None),
+    ("tag:a+", False, None, True, None, "tag", "a", False, None),
+    ("tag:a+256", False, None, True, 256, "tag", "a", False, None),
+    ("+tag:a+", True, None, True, None, "tag", "a", False, None),
+    ("16+tag:a+32", True, 16, True, 32, "tag", "a", False, None),
+    ("3@tag:a", False, None, False, None, "tag", "a", True, 3),
+    ("source:a", False, None, False, None, "source", "a", False, None),
+    ("source:a+", False, None, True, None, "source", "a", False, None),
+    ("source:a+1", False, None, True, 1, "source", "a", False, None),
+    ("source:a+32", False, None, True, 32, "source", "a", False, None),
+    ("1@source:a", False, None, False, None, "source", "a", True, 1),
 ]
 
 
 @pytest.mark.parametrize(
-    "spec,parents,parents_depth,children,children_depth,filter_type,filter_value,childrens_parents",
+    "spec,parents,parents_depth,children,children_depth,filter_type,filter_value,childrens_parents,childrens_parents_depth",
     param_specs,
     ids=id_macro,
 )
@@ -177,6 +181,7 @@ def test_parse_specs(
     filter_type,
     filter_value,
     childrens_parents,
+    childrens_parents_depth,
 ):
     parsed = graph_selector.SelectionCriteria.from_single_spec(spec)
     assert parsed.parents == parents
@@ -186,6 +191,7 @@ def test_parse_specs(
     assert parsed.method == filter_type
     assert parsed.value == filter_value
     assert parsed.childrens_parents == childrens_parents
+    assert parsed.childrens_parents_depth == childrens_parents_depth
 
 
 invalid_specs = [