We describe here a one-step synthesis of hybrid metal nanoparticles (MNPs) and polymer composites on glass substrates using poly(vinyl pyrrolidone) (PVP) as both the reducing agent and polymer matrix. With this method, it takes only one minute to produce a nanocomposite thin film that contains MNPs with controlled size and morphology. The size and morphology of gold nanoparticles can be manipulated by simply modulating the ratio between the PVP and the Au precursor, while the nearly monodispersed spherical silver nanoparticles are insensitive to the reaction conditions, which is believed to result from a better control over the crystal structure of the Ag seeds than that of the Au seeds in the presence of PVP. Moreover, the resulting MNP–polymer composites are high-quality thin films with tunable optical properties—the λ_max of absorption spectra changes from 480 nm to greater than 580 nm (from blue to red color). This environmentally friendly synthetic technique may open up a new avenue for facile nanomaterial synthesis that is not accessible by conventional solution chemistry.