diff --git a/homeassistant/components/bond/manifest.json b/homeassistant/components/bond/manifest.json
index 52e9dd1763f..a5625d7b642 100644
--- a/homeassistant/components/bond/manifest.json
+++ b/homeassistant/components/bond/manifest.json
@@ -3,7 +3,7 @@
   "name": "Bond",
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/integrations/bond",
-  "requirements": ["bond-async==0.1.20"],
+  "requirements": ["bond-async==0.1.22"],
   "zeroconf": ["_bond._tcp.local."],
   "codeowners": ["@bdraco", "@prystupa", "@joshs85", "@marciogranzotto"],
   "quality_scale": "platinum",
diff --git a/homeassistant/components/bond/utils.py b/homeassistant/components/bond/utils.py
index cba213d9450..c426bf64577 100644
--- a/homeassistant/components/bond/utils.py
+++ b/homeassistant/components/bond/utils.py
@@ -5,7 +5,7 @@ import logging
 from typing import Any, cast
 
 from aiohttp import ClientResponseError
-from bond_async import Action, Bond
+from bond_async import Action, Bond, BondType
 
 from homeassistant.util.async_ import gather_with_concurrency
 
@@ -224,4 +224,5 @@ class BondHub:
     @property
     def is_bridge(self) -> bool:
         """Return if the Bond is a Bond Bridge."""
-        return bool(self._bridge)
+        bondid = self._version["bondid"]
+        return bool(BondType.is_bridge_from_serial(bondid))
diff --git a/requirements_all.txt b/requirements_all.txt
index c129fb2cb54..a580a474b68 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -417,7 +417,7 @@ blockchain==1.4.4
 # bluepy==1.3.0
 
 # homeassistant.components.bond
-bond-async==0.1.20
+bond-async==0.1.22
 
 # homeassistant.components.bosch_shc
 boschshcpy==0.2.30
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index ea6cd6a144a..bdbe9ba1e7c 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -318,7 +318,7 @@ blebox_uniapi==1.3.3
 blinkpy==0.19.0
 
 # homeassistant.components.bond
-bond-async==0.1.20
+bond-async==0.1.22
 
 # homeassistant.components.bosch_shc
 boschshcpy==0.2.30
diff --git a/tests/components/bond/common.py b/tests/components/bond/common.py
index 4b45a4016c0..909fb35a1e2 100644
--- a/tests/components/bond/common.py
+++ b/tests/components/bond/common.py
@@ -113,7 +113,7 @@ def patch_bond_version(
         return nullcontext()
 
     if return_value is None:
-        return_value = {"bondid": "test-bond-id"}
+        return_value = {"bondid": "ZXXX12345"}
 
     return patch(
         "homeassistant.components.bond.Bond.version",
@@ -246,3 +246,12 @@ async def help_test_entity_available(
         async_fire_time_changed(hass, utcnow() + timedelta(seconds=30))
         await hass.async_block_till_done()
     assert hass.states.get(entity_id).state != STATE_UNAVAILABLE
+
+
+def ceiling_fan(name: str):
+    """Create a ceiling fan with given name."""
+    return {
+        "name": name,
+        "type": DeviceType.CEILING_FAN,
+        "actions": ["SetSpeed", "SetDirection"],
+    }
diff --git a/tests/components/bond/test_config_flow.py b/tests/components/bond/test_config_flow.py
index 5d3b357b9f7..519fa9dec9d 100644
--- a/tests/components/bond/test_config_flow.py
+++ b/tests/components/bond/test_config_flow.py
@@ -35,7 +35,7 @@ async def test_user_form(hass: core.HomeAssistant):
     assert result["errors"] == {}
 
     with patch_bond_version(
-        return_value={"bondid": "test-bond-id"}
+        return_value={"bondid": "ZXXX12345"}
     ), patch_bond_device_ids(
         return_value=["f6776c11", "f6776c12"]
     ), patch_bond_bridge(), patch_bond_device_properties(), patch_bond_device(), _patch_async_setup_entry() as mock_setup_entry:
@@ -64,7 +64,7 @@ async def test_user_form_with_non_bridge(hass: core.HomeAssistant):
     assert result["errors"] == {}
 
     with patch_bond_version(
-        return_value={"bondid": "test-bond-id"}
+        return_value={"bondid": "KXXX12345"}
     ), patch_bond_device_ids(
         return_value=["f6776c11"]
     ), patch_bond_device_properties(), patch_bond_device(
@@ -96,7 +96,7 @@ async def test_user_form_invalid_auth(hass: core.HomeAssistant):
     )
 
     with patch_bond_version(
-        return_value={"bond_id": "test-bond-id"}
+        return_value={"bond_id": "ZXXX12345"}
     ), patch_bond_bridge(), patch_bond_device_ids(
         side_effect=ClientResponseError(Mock(), Mock(), status=401),
     ):
@@ -203,7 +203,7 @@ async def test_zeroconf_form(hass: core.HomeAssistant):
                 host="test-host",
                 addresses=["test-host"],
                 hostname="mock_hostname",
-                name="test-bond-id.some-other-tail-info",
+                name="ZXXX12345.some-other-tail-info",
                 port=None,
                 properties={},
                 type="mock_type",
@@ -213,7 +213,7 @@ async def test_zeroconf_form(hass: core.HomeAssistant):
         assert result["errors"] == {}
 
     with patch_bond_version(
-        return_value={"bondid": "test-bond-id"}
+        return_value={"bondid": "ZXXX12345"}
     ), patch_bond_bridge(), patch_bond_device_ids(), _patch_async_setup_entry() as mock_setup_entry:
         result2 = await hass.config_entries.flow.async_configure(
             result["flow_id"],
@@ -241,7 +241,7 @@ async def test_zeroconf_form_token_unavailable(hass: core.HomeAssistant):
                 host="test-host",
                 addresses=["test-host"],
                 hostname="mock_hostname",
-                name="test-bond-id.some-other-tail-info",
+                name="ZXXX12345.some-other-tail-info",
                 port=None,
                 properties={},
                 type="mock_type",
@@ -270,7 +270,7 @@ async def test_zeroconf_form_token_unavailable(hass: core.HomeAssistant):
 async def test_zeroconf_form_with_token_available(hass: core.HomeAssistant):
     """Test we get the discovery form when we can get the token."""
 
-    with patch_bond_version(return_value={"bondid": "test-bond-id"}), patch_bond_token(
+    with patch_bond_version(return_value={"bondid": "ZXXX12345"}), patch_bond_token(
         return_value={"token": "discovered-token"}
     ), patch_bond_bridge(
         return_value={"name": "discovered-name"}
@@ -282,7 +282,7 @@ async def test_zeroconf_form_with_token_available(hass: core.HomeAssistant):
                 host="test-host",
                 addresses=["test-host"],
                 hostname="mock_hostname",
-                name="test-bond-id.some-other-tail-info",
+                name="ZXXX12345.some-other-tail-info",
                 port=None,
                 properties={},
                 type="mock_type",
@@ -323,7 +323,7 @@ async def test_zeroconf_form_with_token_available_name_unavailable(
                 host="test-host",
                 addresses=["test-host"],
                 hostname="mock_hostname",
-                name="test-bond-id.some-other-tail-info",
+                name="ZXXX12345.some-other-tail-info",
                 port=None,
                 properties={},
                 type="mock_type",
@@ -341,7 +341,7 @@ async def test_zeroconf_form_with_token_available_name_unavailable(
         await hass.async_block_till_done()
 
     assert result2["type"] == "create_entry"
-    assert result2["title"] == "test-bond-id"
+    assert result2["title"] == "ZXXX12345"
     assert result2["data"] == {
         CONF_HOST: "test-host",
         CONF_ACCESS_TOKEN: "discovered-token",
@@ -472,7 +472,7 @@ async def test_zeroconf_form_unexpected_error(hass: core.HomeAssistant):
             host="test-host",
             addresses=["test-host"],
             hostname="mock_hostname",
-            name="test-bond-id.some-other-tail-info",
+            name="ZXXX12345.some-other-tail-info",
             port=None,
             properties={},
             type="mock_type",
@@ -497,7 +497,7 @@ async def _help_test_form_unexpected_error(
         )
 
     with patch_bond_version(
-        return_value={"bond_id": "test-bond-id"}
+        return_value={"bond_id": "ZXXX12345"}
     ), patch_bond_device_ids(side_effect=error):
         result2 = await hass.config_entries.flow.async_configure(
             result["flow_id"], user_input
diff --git a/tests/components/bond/test_diagnostics.py b/tests/components/bond/test_diagnostics.py
index 88d33ff2cc0..b738c72ee8c 100644
--- a/tests/components/bond/test_diagnostics.py
+++ b/tests/components/bond/test_diagnostics.py
@@ -39,5 +39,5 @@ async def test_diagnostics(hass, hass_client):
             "data": {"access_token": "**REDACTED**", "host": "some host"},
             "title": "Mock Title",
         },
-        "hub": {"version": {"bondid": "test-bond-id"}},
+        "hub": {"version": {"bondid": "ZXXX12345"}},
     }
diff --git a/tests/components/bond/test_init.py b/tests/components/bond/test_init.py
index 03eb490b65e..56087d4bf11 100644
--- a/tests/components/bond/test_init.py
+++ b/tests/components/bond/test_init.py
@@ -7,13 +7,15 @@ from bond_async import DeviceType
 import pytest
 
 from homeassistant.components.bond.const import DOMAIN
+from homeassistant.components.fan import DOMAIN as FAN_DOMAIN
 from homeassistant.config_entries import ConfigEntryState
-from homeassistant.const import CONF_ACCESS_TOKEN, CONF_HOST
+from homeassistant.const import ATTR_ASSUMED_STATE, CONF_ACCESS_TOKEN, CONF_HOST
 from homeassistant.core import HomeAssistant
 from homeassistant.helpers import device_registry as dr
 from homeassistant.setup import async_setup_component
 
 from .common import (
+    ceiling_fan,
     patch_bond_bridge,
     patch_bond_device,
     patch_bond_device_ids,
@@ -23,6 +25,7 @@ from .common import (
     patch_setup_entry,
     patch_start_bpup,
     setup_bond_entity,
+    setup_platform,
 )
 
 from tests.common import MockConfigEntry
@@ -81,7 +84,7 @@ async def test_async_setup_entry_sets_up_hub_and_supported_domains(hass: HomeAss
 
     with patch_bond_bridge(), patch_bond_version(
         return_value={
-            "bondid": "test-bond-id",
+            "bondid": "ZXXX12345",
             "target": "test-model",
             "fw_ver": "test-version",
             "mcu_ver": "test-hw-version",
@@ -99,11 +102,11 @@ async def test_async_setup_entry_sets_up_hub_and_supported_domains(hass: HomeAss
 
     assert config_entry.entry_id in hass.data[DOMAIN]
     assert config_entry.state is ConfigEntryState.LOADED
-    assert config_entry.unique_id == "test-bond-id"
+    assert config_entry.unique_id == "ZXXX12345"
 
     # verify hub device is registered correctly
     device_registry = dr.async_get(hass)
-    hub = device_registry.async_get_device(identifiers={(DOMAIN, "test-bond-id")})
+    hub = device_registry.async_get_device(identifiers={(DOMAIN, "ZXXX12345")})
     assert hub.name == "bond-name"
     assert hub.manufacturer == "Olibra"
     assert hub.model == "test-model"
@@ -151,7 +154,7 @@ async def test_old_identifiers_are_removed(hass: HomeAssistant):
     )
 
     old_identifers = (DOMAIN, "device_id")
-    new_identifiers = (DOMAIN, "test-bond-id", "device_id")
+    new_identifiers = (DOMAIN, "ZXXX12345", "device_id")
     device_registry = dr.async_get(hass)
     device_registry.async_get_or_create(
         config_entry_id=config_entry.entry_id,
@@ -164,7 +167,7 @@ async def test_old_identifiers_are_removed(hass: HomeAssistant):
 
     with patch_bond_bridge(), patch_bond_version(
         return_value={
-            "bondid": "test-bond-id",
+            "bondid": "ZXXX12345",
             "target": "test-model",
             "fw_ver": "test-version",
         }
@@ -185,7 +188,7 @@ async def test_old_identifiers_are_removed(hass: HomeAssistant):
 
     assert config_entry.entry_id in hass.data[DOMAIN]
     assert config_entry.state is ConfigEntryState.LOADED
-    assert config_entry.unique_id == "test-bond-id"
+    assert config_entry.unique_id == "ZXXX12345"
 
     # verify the device info is cleaned up
     assert device_registry.async_get_device(identifiers={old_identifers}) is None
@@ -205,7 +208,7 @@ async def test_smart_by_bond_device_suggested_area(hass: HomeAssistant):
         side_effect=ClientResponseError(Mock(), Mock(), status=404)
     ), patch_bond_version(
         return_value={
-            "bondid": "test-bond-id",
+            "bondid": "KXXX12345",
             "target": "test-model",
             "fw_ver": "test-version",
         }
@@ -227,10 +230,10 @@ async def test_smart_by_bond_device_suggested_area(hass: HomeAssistant):
 
     assert config_entry.entry_id in hass.data[DOMAIN]
     assert config_entry.state is ConfigEntryState.LOADED
-    assert config_entry.unique_id == "test-bond-id"
+    assert config_entry.unique_id == "KXXX12345"
 
     device_registry = dr.async_get(hass)
-    device = device_registry.async_get_device(identifiers={(DOMAIN, "test-bond-id")})
+    device = device_registry.async_get_device(identifiers={(DOMAIN, "KXXX12345")})
     assert device is not None
     assert device.suggested_area == "Den"
 
@@ -251,7 +254,7 @@ async def test_bridge_device_suggested_area(hass: HomeAssistant):
         }
     ), patch_bond_version(
         return_value={
-            "bondid": "test-bond-id",
+            "bondid": "ZXXX12345",
             "target": "test-model",
             "fw_ver": "test-version",
         }
@@ -273,9 +276,21 @@ async def test_bridge_device_suggested_area(hass: HomeAssistant):
 
     assert config_entry.entry_id in hass.data[DOMAIN]
     assert config_entry.state is ConfigEntryState.LOADED
-    assert config_entry.unique_id == "test-bond-id"
+    assert config_entry.unique_id == "ZXXX12345"
 
     device_registry = dr.async_get(hass)
-    device = device_registry.async_get_device(identifiers={(DOMAIN, "test-bond-id")})
+    device = device_registry.async_get_device(identifiers={(DOMAIN, "ZXXX12345")})
     assert device is not None
     assert device.suggested_area == "Office"
+
+
+async def test_smart_by_bond_v3_firmware(hass: HomeAssistant) -> None:
+    """Test we can detect smart by bond with the v3 firmware."""
+    await setup_platform(
+        hass,
+        FAN_DOMAIN,
+        ceiling_fan("name-1"),
+        bond_version={"bondid": "KXXXX12345", "target": "breck-northstar"},
+        bond_device_id="test-device-id",
+    )
+    assert ATTR_ASSUMED_STATE not in hass.states.get("fan.name_1").attributes
diff --git a/tests/components/bond/test_light.py b/tests/components/bond/test_light.py
index c7d8f195423..7577b1d70ab 100644
--- a/tests/components/bond/test_light.py
+++ b/tests/components/bond/test_light.py
@@ -249,7 +249,7 @@ async def test_sbb_trust_state(hass: core.HomeAssistant):
     """Assumed state should be False if device is a Smart by Bond."""
     version = {
         "model": "MR123A",
-        "bondid": "test-bond-id",
+        "bondid": "KXXX12345",
     }
     await setup_platform(
         hass, LIGHT_DOMAIN, ceiling_fan("name-1"), bond_version=version, bridge={}