diff --git a/lib/block-editor-settings.php b/lib/block-editor-settings.php
index 53668e114e04cb..ba726ffe2ad5b9 100644
--- a/lib/block-editor-settings.php
+++ b/lib/block-editor-settings.php
@@ -78,6 +78,7 @@ function gutenberg_get_block_editor_settings( $settings ) {
 
 	$settings['styles'] = array_merge( $global_styles, get_block_editor_theme_styles() );
 
+	$settings['__experimentalStyles']   = gutenberg_get_global_styles();
 	$settings['__experimentalFeatures'] = gutenberg_get_global_settings();
 	// These settings may need to be updated based on data coming from theme.json sources.
 	if ( isset( $settings['__experimentalFeatures']['color']['palette'] ) ) {
diff --git a/lib/experimental/class-wp-rest-block-editor-settings-controller.php b/lib/experimental/class-wp-rest-block-editor-settings-controller.php
index 510ae573e3de8e..ae6c4852166700 100644
--- a/lib/experimental/class-wp-rest-block-editor-settings-controller.php
+++ b/lib/experimental/class-wp-rest-block-editor-settings-controller.php
@@ -157,7 +157,7 @@ public function get_item_schema() {
 				'__experimentalStyles'                   => array(
 					'description' => __( 'Styles consolidated from core, theme, and user origins.', 'gutenberg' ),
 					'type'        => 'object',
-					'context'     => array( 'mobile' ),
+					'context'     => array( 'post-editor', 'site-editor', 'widgets-editor', 'mobile' ),
 				),
 
 				'__experimentalEnableQuoteBlockV2'       => array(
diff --git a/packages/block-editor/src/components/block-styles/index.js b/packages/block-editor/src/components/block-styles/index.js
index a9fdbe94356ef6..b9d53a3fc2bac1 100644
--- a/packages/block-editor/src/components/block-styles/index.js
+++ b/packages/block-editor/src/components/block-styles/index.js
@@ -1,28 +1,50 @@
-/**
- * External dependencies
- */
-import classnames from 'classnames';
-
 /**
  * WordPress dependencies
  */
-import { useState } from '@wordpress/element';
-import { debounce, useViewportMatch } from '@wordpress/compose';
 import {
-	Button,
-	__experimentalTruncate as Truncate,
+	ColorIndicator,
+	Flex,
+	FlexItem,
 	Popover,
+	privateApis as componentsPrivateApis,
+	__experimentalHStack as HStack,
+	__experimentalZStack as ZStack,
 } from '@wordpress/components';
+import { debounce, useViewportMatch } from '@wordpress/compose';
+import { useState } from '@wordpress/element';
+import { __ } from '@wordpress/i18n';
 
 /**
  * Internal dependencies
  */
+import { unlock } from '../../lock-unlock';
 import BlockStylesPreviewPanel from './preview-panel';
 import useStylesForBlocks from './use-styles-for-block';
+import { getDefaultStyle } from './utils';
 
 const noop = () => {};
+const { CustomSelect, CustomSelectItem } = unlock( componentsPrivateApis );
+
+const BlockStyleItem = ( { blockStyle } ) => {
+	const indicators = [
+		blockStyle.styles?.color?.background,
+		blockStyle.styles?.color?.text,
+	];
+
+	return (
+		<HStack justify="flex-start">
+			<ZStack isLayered={ false } offset={ -8 }>
+				{ indicators.map( ( indicator, index ) => (
+					<Flex key={ index } expanded={ false }>
+						<ColorIndicator colorValue={ indicator } />
+					</Flex>
+				) ) }
+			</ZStack>
+			<FlexItem title={ blockStyle.label }>{ blockStyle.label }</FlexItem>
+		</HStack>
+	);
+};
 
-// Block Styles component for the Settings Sidebar.
 function BlockStyles( { clientId, onSwitch = noop, onHoverClassName = noop } ) {
 	const {
 		onSelect,
@@ -30,10 +52,8 @@ function BlockStyles( { clientId, onSwitch = noop, onHoverClassName = noop } ) {
 		activeStyle,
 		genericPreviewBlock,
 		className: previewClassName,
-	} = useStylesForBlocks( {
-		clientId,
-		onSwitch,
-	} );
+	} = useStylesForBlocks( { clientId, onSwitch } );
+
 	const [ hoveredStyle, setHoveredStyle ] = useState( null );
 	const isMobileViewport = useViewportMatch( 'medium', '<' );
 
@@ -43,58 +63,64 @@ function BlockStyles( { clientId, onSwitch = noop, onHoverClassName = noop } ) {
 
 	const debouncedSetHoveredStyle = debounce( setHoveredStyle, 250 );
 
-	const onSelectStylePreview = ( style ) => {
-		onSelect( style );
+	const handleOnChange = ( style ) => {
+		onSelect( { name: style } );
 		onHoverClassName( null );
 		setHoveredStyle( null );
 		debouncedSetHoveredStyle.cancel();
 	};
 
-	const styleItemHandler = ( item ) => {
-		if ( hoveredStyle === item ) {
+	const hoverStyleHandler = ( style ) => {
+		if ( hoveredStyle === style ) {
 			debouncedSetHoveredStyle.cancel();
 			return;
 		}
-		debouncedSetHoveredStyle( item );
-		onHoverClassName( item?.name ?? null );
+
+		debouncedSetHoveredStyle( style );
+		onHoverClassName( style?.name ?? null );
+	};
+
+	const renderSelectedBlockStlye = ( currentStyle ) => {
+		const currentBlockStyle = stylesToRender.find(
+			( style ) => style.name === currentStyle
+		);
+
+		if ( ! currentBlockStyle ) {
+			return null;
+		}
+
+		return <BlockStyleItem blockStyle={ currentBlockStyle } />;
 	};
 
+	const defaultStyle = getDefaultStyle( stylesToRender );
+
 	return (
 		<div className="block-editor-block-styles">
-			<div className="block-editor-block-styles__variants">
-				{ stylesToRender.map( ( style ) => {
-					const buttonText = style.label || style.name;
-
-					return (
-						<Button
-							__next40pxDefaultSize
-							className={ classnames(
-								'block-editor-block-styles__item',
-								{
-									'is-active':
-										activeStyle.name === style.name,
-								}
-							) }
-							key={ style.name }
-							variant="secondary"
-							label={ buttonText }
-							onMouseEnter={ () => styleItemHandler( style ) }
-							onFocus={ () => styleItemHandler( style ) }
-							onMouseLeave={ () => styleItemHandler( null ) }
-							onBlur={ () => styleItemHandler( null ) }
-							onClick={ () => onSelectStylePreview( style ) }
-							aria-current={ activeStyle.name === style.name }
-						>
-							<Truncate
-								numberOfLines={ 1 }
-								className="block-editor-block-styles__item-text"
-							>
-								{ buttonText }
-							</Truncate>
-						</Button>
-					);
-				} ) }
-			</div>
+			<CustomSelect
+				className="block-editor-block-styles__button"
+				defaultValue={ defaultStyle?.name }
+				label={ __( 'Select a block style' ) }
+				onChange={ handleOnChange }
+				renderSelectedValue={ renderSelectedBlockStlye }
+				value={ activeStyle?.name }
+				hideLabelFromVision
+				popoverProps={ {
+					wrapperProps: { style: { zIndex: 1000000 } },
+				} }
+			>
+				{ stylesToRender.map( ( blockStyle, index ) => (
+					<CustomSelectItem
+						key={ index }
+						value={ blockStyle.name }
+						onMouseEnter={ () => hoverStyleHandler( blockStyle ) }
+						onMouseLeave={ () => hoverStyleHandler( null ) }
+						onFocus={ () => hoverStyleHandler( blockStyle ) }
+						onBlur={ () => hoverStyleHandler( null ) }
+					>
+						<BlockStyleItem blockStyle={ blockStyle } />
+					</CustomSelectItem>
+				) ) }
+			</CustomSelect>
 			{ hoveredStyle && ! isMobileViewport && (
 				<Popover
 					placement="left-start"
@@ -103,7 +129,7 @@ function BlockStyles( { clientId, onSwitch = noop, onHoverClassName = noop } ) {
 				>
 					<div
 						className="block-editor-block-styles__preview-panel"
-						onMouseLeave={ () => styleItemHandler( null ) }
+						onMouseLeave={ () => hoverStyleHandler( null ) }
 					>
 						<BlockStylesPreviewPanel
 							activeStyle={ activeStyle }
diff --git a/packages/block-editor/src/components/block-styles/style.scss b/packages/block-editor/src/components/block-styles/style.scss
index b2747df04c1c05..5a49779d61e171 100644
--- a/packages/block-editor/src/components/block-styles/style.scss
+++ b/packages/block-editor/src/components/block-styles/style.scss
@@ -17,51 +17,6 @@
 	}
 }
 
-.block-editor-block-styles__variants {
-	display: flex;
-	flex-wrap: wrap;
-	justify-content: space-between;
-	gap: $grid-unit-10;
-
-	button.components-button.block-editor-block-styles__item {
-		color: $gray-900;
-		box-shadow: inset 0 0 0 $border-width $gray-300;
-		display: inline-block;
-		width: calc(50% - #{$grid-unit-05});
-
-		&:hover {
-			color: var(--wp-admin-theme-color);
-			box-shadow: inset 0 0 0 $border-width $gray-300;
-		}
-
-		&.is-active,
-		&.is-active:hover {
-			background-color: $gray-900;
-			box-shadow: none;
-		}
-
-		&.is-active .block-editor-block-styles__item-text,
-		&.is-active:hover .block-editor-block-styles__item-text {
-			color: $white;
-		}
-
-		&:focus,
-		&.is-active:focus {
-			@include block-toolbar-button-style__focus();
-		}
-	}
-
-	.block-editor-block-styles__item-text {
-		word-break: break-all;
-		// The Button component is white-space: nowrap, and that won't work with line-clamp.
-		white-space: normal;
-
-		// Without this, the ellipsis can sometimes be partially hidden by the Button padding.
-		text-align: start;
-		text-align-last: center;
-	}
-}
-
 // To prevent overflow in the preview container,
 // ensure that block contents' margin and padding
 // do not add to the block container's width.
@@ -69,3 +24,10 @@
 .block-editor-block-styles__block-preview-container * {
 	box-sizing: border-box !important;
 }
+
+.block-editor-block-styles__button {
+	/* Increased specificity required to overcome default button padding. */
+	&#{&} {
+		padding: 6px 12px;
+	}
+}
diff --git a/packages/block-editor/src/components/block-styles/use-styles-for-block.js b/packages/block-editor/src/components/block-styles/use-styles-for-block.js
index 6d73dca557b058..f17e4245e2db70 100644
--- a/packages/block-editor/src/components/block-styles/use-styles-for-block.js
+++ b/packages/block-editor/src/components/block-styles/use-styles-for-block.js
@@ -53,19 +53,34 @@ function useGenericPreviewBlock( block, type ) {
  */
 export default function useStylesForBlocks( { clientId, onSwitch } ) {
 	const selector = ( select ) => {
-		const { getBlock } = select( blockEditorStore );
+		const { getBlock, getSettings } = select( blockEditorStore );
 		const block = getBlock( clientId );
 
 		if ( ! block ) {
 			return {};
 		}
+
 		const blockType = getBlockType( block.name );
 		const { getBlockStyles } = select( blocksStore );
+		const styles = getBlockStyles( block.name );
+
+		// Add theme.json styles for each block style if available.
+		const variations =
+			getSettings().__experimentalStyles?.blocks?.[ block.name ]
+				?.variations ?? {};
+
+		if ( variations ) {
+			styles?.forEach( ( style, index ) => {
+				if ( variations[ style.name ] ) {
+					styles[ index ].styles = variations[ style.name ];
+				}
+			} );
+		}
 
 		return {
 			block,
 			blockType,
-			styles: getBlockStyles( block.name ),
+			styles,
 			className: block.attributes.className || '',
 		};
 	};
diff --git a/packages/block-library/src/group/index.js b/packages/block-library/src/group/index.js
index 2d06f1a965c521..1ccfa4fa89c1aa 100644
--- a/packages/block-library/src/group/index.js
+++ b/packages/block-library/src/group/index.js
@@ -22,14 +22,6 @@ export { metadata, name };
 export const settings = {
 	icon,
 	example: {
-		attributes: {
-			style: {
-				color: {
-					text: '#000000',
-					background: '#ffffff',
-				},
-			},
-		},
 		innerBlocks: [
 			{
 				name: 'core/paragraph',
diff --git a/packages/components/src/custom-select-control-v2/index.tsx b/packages/components/src/custom-select-control-v2/index.tsx
index 614f52105513f4..6bc38db3080bb3 100644
--- a/packages/components/src/custom-select-control-v2/index.tsx
+++ b/packages/components/src/custom-select-control-v2/index.tsx
@@ -19,6 +19,7 @@ import type {
 	CustomSelectContext as CustomSelectContextType,
 } from './types';
 import type { WordPressComponentProps } from '../context';
+import { VisuallyHidden } from '../visually-hidden';
 
 export const CustomSelectContext =
 	createContext< CustomSelectContextType >( undefined );
@@ -45,11 +46,13 @@ function defaultRenderSelectedValue( value: CustomSelectProps[ 'value' ] ) {
 export function CustomSelect( {
 	children,
 	defaultValue,
+	hideLabelFromVision = false,
 	label,
 	onChange,
 	size = 'default',
 	value,
 	renderSelectedValue = defaultRenderSelectedValue,
+	popoverProps,
 	...props
 }: WordPressComponentProps< CustomSelectProps, 'button', false > ) {
 	const store = Ariakit.useSelectStore( {
@@ -59,12 +62,23 @@ export function CustomSelect( {
 	} );
 
 	const { value: currentValue } = store.useState();
+	const selectPopoverProps = {
+		gutter: 12,
+		sameWidth: true,
+		...popoverProps,
+		store,
+	};
 
 	return (
 		<>
-			<Styled.CustomSelectLabel store={ store }>
-				{ label }
-			</Styled.CustomSelectLabel>
+			{ hideLabelFromVision && (
+				<VisuallyHidden as="label">{ label }</VisuallyHidden>
+			) }
+			{ ! hideLabelFromVision && (
+				<Styled.CustomSelectLabel store={ store }>
+					{ label }
+				</Styled.CustomSelectLabel>
+			) }
 			<Styled.CustomSelectButton
 				{ ...props }
 				size={ size }
@@ -74,7 +88,7 @@ export function CustomSelect( {
 				{ renderSelectedValue( currentValue ) }
 				<Ariakit.SelectArrow />
 			</Styled.CustomSelectButton>
-			<Styled.CustomSelectPopover gutter={ 12 } store={ store } sameWidth>
+			<Styled.CustomSelectPopover { ...selectPopoverProps }>
 				<CustomSelectContext.Provider value={ { store } }>
 					{ children }
 				</CustomSelectContext.Provider>
diff --git a/packages/components/src/custom-select-control-v2/styles.ts b/packages/components/src/custom-select-control-v2/styles.ts
index c04f6ac32e5ffb..43bd224bb2bb9d 100644
--- a/packages/components/src/custom-select-control-v2/styles.ts
+++ b/packages/components/src/custom-select-control-v2/styles.ts
@@ -63,6 +63,8 @@ export const CustomSelectPopover = styled( Ariakit.SelectPopover )`
 	border-radius: ${ space( 0.5 ) };
 	background: ${ COLORS.white };
 	border: 1px solid ${ COLORS.gray[ 900 ] };
+	/* Force the passed wrapper props z-index otherwise it's overridden. */
+	z-index: ${ ( props ) => props.wrapperProps?.style?.zIndex };
 `;
 
 export const CustomSelectItem = styled( Ariakit.SelectItem )`
diff --git a/packages/components/src/custom-select-control-v2/types.ts b/packages/components/src/custom-select-control-v2/types.ts
index 2aecc1d4746f5c..49a9105cf54f08 100644
--- a/packages/components/src/custom-select-control-v2/types.ts
+++ b/packages/components/src/custom-select-control-v2/types.ts
@@ -23,6 +23,12 @@ export type CustomSelectProps = {
 	 * non-disabled item will be used.
 	 */
 	defaultValue?: string | string[];
+	/**
+	 * If true, the label will only be visible to screen readers.
+	 *
+	 * @default false
+	 */
+	hideLabelFromVision?: boolean;
 	/**
 	 * Label for the control.
 	 */
@@ -31,6 +37,10 @@ export type CustomSelectProps = {
 	 * A function that receives the new value of the input.
 	 */
 	onChange?: ( newValue: string | string[] ) => void;
+	/**
+	 * Optional props passed to the Select Popover.
+	 */
+	popoverProps?: Ariakit.SelectPopoverProps;
 	/**
 	 * Can be used to render select UI with custom styled values.
 	 */
diff --git a/packages/components/src/private-apis.ts b/packages/components/src/private-apis.ts
index 6694c1d30bdce8..6eb019f0f7c3e8 100644
--- a/packages/components/src/private-apis.ts
+++ b/packages/components/src/private-apis.ts
@@ -14,6 +14,7 @@ import {
 	useCompositeStore as useCompositeStoreV2,
 } from './composite/v2';
 import { default as CustomSelectControl } from './custom-select-control';
+import { CustomSelect, CustomSelectItem } from './custom-select-control-v2';
 import { positionToPlacement as __experimentalPopoverLegacyPositionToPlacement } from './popover/utils';
 import { default as ProgressBar } from './progress-bar';
 import { createPrivateSlotFill } from './slot-fill';
@@ -41,6 +42,8 @@ lock( privateApis, {
 	CompositeRowV2,
 	useCompositeStoreV2,
 	CustomSelectControl,
+	CustomSelect,
+	CustomSelectItem,
 	__experimentalPopoverLegacyPositionToPlacement,
 	createPrivateSlotFill,
 	ComponentsContext,
diff --git a/packages/editor/src/components/provider/use-block-editor-settings.js b/packages/editor/src/components/provider/use-block-editor-settings.js
index eddc295766f8ce..90f2e512fada66 100644
--- a/packages/editor/src/components/provider/use-block-editor-settings.js
+++ b/packages/editor/src/components/provider/use-block-editor-settings.js
@@ -25,6 +25,7 @@ const BLOCK_EDITOR_SETTINGS = [
 	'__experimentalBlockDirectory',
 	'__experimentalDiscussionSettings',
 	'__experimentalFeatures',
+	'__experimentalStyles',
 	'__experimentalGlobalStylesBaseStyles',
 	'__experimentalPreferredStyleVariations',
 	'__unstableGalleryWithImageBlocks',