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The WAN (Wide Area Network) IP is the ip address associated with the outside-facing network port; whereas, the LAN (Local Area Network) IP is the ip address associated with the inside-facing network port.n this case, the LAN IP would be the ip address of the router with which your local network pc's communicate. Source(s): Many years of LAN/WAN experience :). The Sinister Minister Â· 6 years ago.
The easiest way to understand what a WAN is to think of the internet as a whole, which is the world's largest WAN. The internet is a WAN because through the use of ISPs, it connects lots of smaller local area networks (LANs) or metro area networks (MANs).