AbstractWind turbine performance and condition monitoring play vital roles in detecting and diagnosing suboptimal performance and guiding operations and maintenance. Here, a new seismic‐based approach to monitoring the health of individual wind turbine components is presented. Transfer functions are developed linking key condition monitoring properties (drivetrain and tower acceleration) to unique, robust, and repeatable seismic signatures. Predictive models for extreme (greater than 99th percentile) drivetrain and tower acceleration based on independent seismic data exhibit higher skill than reference models based on hub‐height wind speed. The seismic models detect extreme drivetrain and tower acceleration with proportions correct of 96% and 93%, hit rates of 91% and 82%, and low false alarm rates of 4% and 6%, respectively. Although new wind turbines incorporate many diagnostic sensors, seismic‐based condition/performance monitoring may be particularly useful in extending the productive lifetime of previous generation wind turbines.