This paper proposes a novel account of the conditions for moral virtue centered on an important but overlooked notion: appreciation. I begin by challenging an intellectualist tradition in the literature, which I call the Cognitive Requirement Thesis (CRT): that moral virtue requires the cognitive ability to explain why one’s action is right (Hursthouse 1999; Annas 2011; Hills 2009, 2015). Targeting Hills’s version in particular, I argue that CRT sets the cognitive bar too high, and propose instead the Moral Appreciation View: one is morally virtuous when and because one is able to appreciate the relevant moral features of a situation. By appreciation, I mean a distinctive kind of sensitivity manifested in three dimensions: (i) perceptual sensitivity: recognizing the presence of a morally relevant feature in a situation, (ii) normative sensitivity: capturing that feature’s normative significance, and (iii) affective sensitivity: being affectively moved and motivated in a way that is responsive to that feature. I further distinguish appreciation from knowledge and understanding, suggesting that it entails neither, and argue that it is necessary for virtue: an agent who appreciates the right-making features of situations is thereby disposed to perform right action in a reliable, non-lucky manner across a range of cases.