diff --git a/src/Asset.js b/src/Asset.js
index c3fc95d6aa2..fd7539ec24e 100644
--- a/src/Asset.js
+++ b/src/Asset.js
@@ -149,6 +149,7 @@ class Asset {
   }
 
   async load() {
+    logger.verbose(`Loading ${this.basename} from the filesystem...`);
     return await fs.readFile(this.name, this.encoding);
   }
 
@@ -177,13 +178,19 @@ class Asset {
   async process() {
     if (!this.generated) {
       await this.loadIfNeeded();
+      logger.verbose(`PreTransforming ${this.basename}...`);
       await this.pretransform();
+      logger.verbose(`Getting dependencies of ${this.basename}...`);
       await this.getDependencies();
+      logger.verbose(`Transforming ${this.basename}...`);
       await this.transform();
+      logger.verbose(`Generating ${this.basename}...`);
       this.generated = await this.generate();
       this.hash = await this.generateHash();
     }
 
+    logger.verbose(`${this.basename} processed`);
+
     return this.generated;
   }
 
diff --git a/src/Bundle.js b/src/Bundle.js
index dc7d277c395..7d5d5b81b9c 100644
--- a/src/Bundle.js
+++ b/src/Bundle.js
@@ -1,5 +1,6 @@
 const Path = require('path');
 const crypto = require('crypto');
+const logger = require('./Logger');
 
 /**
  * A Bundle represents an output file, containing multiple assets. Bundles can have
@@ -184,17 +185,21 @@ class Bundle {
   async _package(bundler) {
     let Packager = bundler.packagers.get(this.type);
     let packager = new Packager(this, bundler);
+    let basename = Path.basename(this.name);
 
     let startTime = Date.now();
     await packager.setup();
     await packager.start();
+    logger.verbose(`Started packaging ${basename}...`);
 
     let included = new Set();
     for (let asset of this.assets) {
+      logger.verbose(`Adding ${asset.basename} to ${basename}...`);
       await this._addDeps(asset, packager, included);
     }
 
     await packager.end();
+    logger.verbose(`Finished packaging ${basename}...`);
 
     this.bundleTime = Date.now() - startTime;
     for (let asset of this.assets) {
diff --git a/src/Bundler.js b/src/Bundler.js
index 163cd6a1d48..4057d328f4a 100644
--- a/src/Bundler.js
+++ b/src/Bundler.js
@@ -65,6 +65,14 @@ class Bundler extends EventEmitter {
     this.rebuildTimeout = null;
 
     logger.setOptions(this.options);
+
+    // Print all bundler options if parcel is in debug mode
+    if (this.options.logLevel > 4) {
+      logger.verbose(`Bundler options:`);
+      Object.keys(this.options).forEach(key => {
+        logger.verbose(`  ${key}: ${JSON.stringify(this.options[key])}`);
+      });
+    }
   }
 
   normalizeEntries(entryFiles) {
@@ -190,6 +198,7 @@ class Bundler extends EventEmitter {
         const pattern = /^(@.*\/)?parcel-plugin-.+/;
         if (pattern.test(dep)) {
           let plugin = await localRequire(dep, relative);
+          logger.verbose(`Load plugin: ${dep}...`);
           await plugin(this);
         }
       }
@@ -232,6 +241,8 @@ class Bundler extends EventEmitter {
         }
       }
 
+      logger.verbose('[Bundler] Build the queued assets...');
+
       // Build the queued assets.
       let loadedAssets = await this.buildQueue.run();
 
@@ -239,42 +250,60 @@ class Bundler extends EventEmitter {
       // plus the ones that were in the build queue.
       let changedAssets = [...this.findOrphanAssets(), ...loadedAssets];
 
+      logger.verbose('[Bundler] Invalidating bundles...');
+
       // Invalidate bundles
       for (let asset of this.loadedAssets.values()) {
         asset.invalidateBundle();
       }
 
+      logger.verbose('[Bundler] bundles invalidated...');
+
+      logger.verbose('[Bundler] Create root bundle...');
+
       // Create a root bundle to hold all of the entry assets, and add them to the tree.
       this.mainBundle = new Bundle();
       for (let asset of this.entryAssets) {
         this.createBundleTree(asset, this.mainBundle);
       }
 
+      logger.verbose('[Bundler] Root bundle created.');
+
       // If there is only one child bundle, replace the root with that bundle.
       if (this.mainBundle.childBundles.size === 1) {
         this.mainBundle = Array.from(this.mainBundle.childBundles)[0];
       }
 
+      logger.verbose('[Bundler] Generating bundle hash...');
+
       // Generate the final bundle names, and replace references in the built assets.
       this.bundleNameMap = this.mainBundle.getBundleNameMap(
         this.options.contentHash
       );
 
+      logger.verbose('[Bundler] Updating bundle name references...');
+
       for (let asset of changedAssets) {
         asset.replaceBundleNames(this.bundleNameMap);
       }
 
+      logger.verbose('[Bundler] Emit hmr update...');
+
       // Emit an HMR update if this is not the initial bundle.
       if (this.hmr && !isInitialBundle) {
         this.hmr.emitUpdate(changedAssets);
       }
 
+      logger.verbose('[Bundler] Package everything up...');
+
       // Package everything up
       this.bundleHashes = await this.mainBundle.package(
         this,
         this.bundleHashes
       );
 
+      logger.verbose('[Bundler] Unload any orphaned assets...');
+
       // Unload any orphaned assets
       this.unloadOrphanedAssets();
 
@@ -315,6 +344,8 @@ class Bundler extends EventEmitter {
       return;
     }
 
+    logger.verbose(`Start bundler...`);
+
     await this.loadPlugins();
     await loadEnv(Path.join(this.options.rootDir, 'index'));
 
@@ -379,6 +410,7 @@ class Bundler extends EventEmitter {
     }
 
     if (!this.watchedAssets.has(path)) {
+      logger.verbose(`Add ${path} to filewatcher...`);
       this.watcher.watch(path);
       this.watchedAssets.set(path, new Set());
     }
@@ -395,6 +427,7 @@ class Bundler extends EventEmitter {
     watched.delete(asset);
 
     if (watched.size === 0) {
+      logger.verbose(`Remove ${path} from filewatcher...`);
       this.watchedAssets.delete(path);
       this.watcher.unwatch(path);
     }
@@ -472,6 +505,8 @@ class Bundler extends EventEmitter {
   }
 
   async processAsset(asset, isRebuild) {
+    logger.verbose(`${asset.relativeName} - Start processing`);
+
     if (isRebuild) {
       asset.invalidate();
       if (this.cache) {
@@ -480,6 +515,8 @@ class Bundler extends EventEmitter {
     }
 
     await this.loadAsset(asset);
+
+    logger.verbose(`${asset.relativeName} - Done processing`);
   }
 
   async loadAsset(asset) {
@@ -487,8 +524,11 @@ class Bundler extends EventEmitter {
       return;
     }
 
+    logger.verbose(`${asset.relativeName} - Load asset`);
+
     if (!this.errored) {
       logger.status(emoji.progress, `Building ${asset.basename}...`);
+      logger.verbose(`${asset.relativeName} - Queuing`);
     }
 
     // Mark the asset processed so we don't load it twice
@@ -499,14 +539,21 @@ class Bundler extends EventEmitter {
     let processed = this.cache && (await this.cache.read(asset.name));
     let cacheMiss = false;
     if (!processed || asset.shouldInvalidate(processed.cacheData)) {
+      logger.verbose(
+        `${asset.relativeName} - ${!processed ? 'Cache miss' : 'Invalidated'}`
+      );
       processed = await this.farm.run(asset.name);
       cacheMiss = true;
+    } else {
+      logger.verbose(`${asset.relativeName} - Copied from cache`);
     }
 
     asset.buildTime = Date.now() - startTime;
     asset.generated = processed.generated;
     asset.hash = processed.hash;
 
+    logger.verbose(`${asset.relativeName} - Finished building`);
+
     // Call the delegate to get implicit dependencies
     let dependencies = processed.dependencies;
     if (this.delegate.getImplicitDependencies) {
@@ -519,6 +566,12 @@ class Bundler extends EventEmitter {
     // Resolve and load asset dependencies
     let assetDeps = await Promise.all(
       dependencies.map(async dep => {
+        logger.verbose(
+          `${asset.relativeName} - Getting dependency: ${Path.relative(
+            this.options.rootDir,
+            dep.name
+          )}`
+        );
         if (dep.includedInParent) {
           // This dependency is already included in the parent's generated output,
           // so no need to load it. We map the name back to the parent asset so
@@ -527,9 +580,20 @@ class Bundler extends EventEmitter {
         } else {
           let assetDep = await this.resolveDep(asset, dep);
           if (assetDep) {
+            logger.verbose(
+              `${asset.relativeName} - Load dependency: ${
+                assetDep.relativeName
+              }`
+            );
             await this.loadAsset(assetDep);
           }
 
+          logger.verbose(
+            `${asset.relativeName} - Done loading dependency: ${
+              assetDep.relativeName
+            }`
+          );
+
           return assetDep;
         }
       })
@@ -545,9 +609,15 @@ class Bundler extends EventEmitter {
       }
     });
 
+    logger.verbose(`${asset.relativeName} - Dependencies loaded`);
+
     if (this.cache && cacheMiss) {
       this.cache.write(asset.name, processed);
+
+      logger.verbose(`${asset.relativeName} - Cache written`);
     }
+
+    logger.verbose(`${asset.relativeName} - Done loading asset`);
   }
 
   createBundleTree(asset, bundle, dep, parentBundles = new Set()) {
@@ -685,6 +755,7 @@ class Bundler extends EventEmitter {
     }
 
     logger.clear();
+    logger.verbose(`Detected a change in ${path}...`);
     logger.status(emoji.progress, `Building ${Path.basename(path)}...`);
 
     // Add the asset to the rebuild queue, and reset the timeout.
diff --git a/src/Logger.js b/src/Logger.js
index 4ea682a4ac2..afe9d598a24 100644
--- a/src/Logger.js
+++ b/src/Logger.js
@@ -4,6 +4,9 @@ const prettyError = require('./utils/prettyError');
 const emoji = require('./utils/emoji');
 const {countBreaks} = require('grapheme-breaker');
 const stripAnsi = require('strip-ansi');
+const promisify = require('./utils/promisify');
+const path = require('path');
+const fs = require('fs');
 
 class Logger {
   constructor(options) {
@@ -44,6 +47,10 @@ class Logger {
   }
 
   write(message, persistent = false) {
+    if (this.logLevel > 3) {
+      return this.verbose(message);
+    }
+
     if (!persistent) {
       this.lines += this.countLines(message);
     }
@@ -51,6 +58,31 @@ class Logger {
     this._log(message);
   }
 
+  verbose(message) {
+    if (this.logLevel < 4) {
+      return;
+    }
+
+    let currDate = new Date();
+    message = `[${currDate.toLocaleTimeString()}]: ${message}`;
+
+    if (this.logLevel > 4) {
+      if (!this.logFile) {
+        this.logFile = fs.createWriteStream(
+          path.join(
+            process.cwd(),
+            `parcel-debug-${currDate.toLocaleDateString()}@${currDate.toLocaleTimeString()}.log`
+          )
+        );
+        this.logFile.write = promisify(this.logFile.write.bind(this.logFile));
+      }
+
+      this.logFile.write(stripAnsi(message) + '\n');
+    }
+
+    this._log(message);
+  }
+
   log(message) {
     if (this.logLevel < 3) {
       return;
@@ -93,7 +125,7 @@ class Logger {
   }
 
   clear() {
-    if (!this.color || this.isTest) {
+    if (!this.color || this.isTest || this.logLevel > 3) {
       return;
     }
 
@@ -127,15 +159,18 @@ class Logger {
       return;
     }
 
+    let msgContent = this.chalk[color].bold(`${emoji}  ${message}`);
+
+    if (this.logLevel > 3) {
+      return this.verbose(msgContent);
+    }
+
     let hasStatusLine = this.statusLine != null;
     if (!hasStatusLine) {
       this.statusLine = this.lines;
     }
 
-    this.writeLine(
-      this.statusLine,
-      this.chalk[color].bold(`${emoji}  ${message}`)
-    );
+    this.writeLine(this.statusLine, msgContent);
 
     if (!hasStatusLine) {
       process.stdout.write('\n');
diff --git a/src/cli.js b/src/cli.js
index bfa36a1345b..c88db02f9bc 100755
--- a/src/cli.js
+++ b/src/cli.js
@@ -55,7 +55,7 @@ program
   .option(
     '--log-level <level>',
     'set the log level, either "0" (no output), "1" (errors), "2" (warnings + errors) or "3" (all).',
-    /^([0-3])$/
+    /^([0-5])$/
   )
   .action(bundle);
 
@@ -99,7 +99,7 @@ program
   .option(
     '--log-level <level>',
     'set the log level, either "0" (no output), "1" (errors), "2" (warnings + errors) or "3" (all).',
-    /^([0-3])$/
+    /^([0-5])$/
   )
   .action(bundle);
 
@@ -134,7 +134,7 @@ program
   .option(
     '--log-level <level>',
     'set the log level, either "0" (no output), "1" (errors), "2" (warnings + errors) or "3" (all).',
-    /^([0-3])$/
+    /^([0-5])$/
   )
   .action(bundle);