diff --git a/NEWS b/NEWS
index 8427273c9d9a5..738054cb95921 100644
--- a/NEWS
+++ b/NEWS
@@ -53,6 +53,7 @@ PHP                                                                        NEWS
     evaluation) and GH-18464 (Recursion protection for deprecation constants not
     released on bailout). (DanielEScherzer and ilutov)
   . Fixed AST printing for immediately invoked Closure. (Dmitrii Derepko)
+  . Property hooks are now allowed on backed readonly properties. (Crell, NickSdot and iluuu1994)
 
 - Curl:
   . Added curl_multi_get_handles(). (timwolla)
diff --git a/UPGRADING b/UPGRADING
index 8f8b7e7685e2a..ed9ece336939b 100644
--- a/UPGRADING
+++ b/UPGRADING
@@ -144,6 +144,8 @@ PHP 8.5 UPGRADE NOTES
     RFC: https://wiki.php.net/rfc/attributes-on-constants
   . The #[\Deprecated] attribute can now be used on constants.
     RFC: https://wiki.php.net/rfc/attributes-on-constants
+  . Property hooks are now allowed on backed readonly properties.
+    RFC: https://wiki.php.net/rfc/readonly_hooks
 
 - Curl:
   . Added support for share handles that are persisted across multiple PHP
diff --git a/Zend/tests/property_hooks/gh15419_1.phpt b/Zend/tests/property_hooks/gh15419_1.phpt
deleted file mode 100644
index 41a45154f1fde..0000000000000
--- a/Zend/tests/property_hooks/gh15419_1.phpt
+++ /dev/null
@@ -1,12 +0,0 @@
---TEST--
-GH-15419: Readonly classes may not declare properties with hooks
---FILE--
-<?php
-
-readonly class C {
-    public int $prop { set => $value; }
-}
-
-?>
---EXPECTF--
-Fatal error: Hooked properties cannot be readonly in %s on line %d
diff --git a/Zend/tests/property_hooks/gh15419_2.phpt b/Zend/tests/property_hooks/gh15419_2.phpt
deleted file mode 100644
index dfa6490fdc0cd..0000000000000
--- a/Zend/tests/property_hooks/gh15419_2.phpt
+++ /dev/null
@@ -1,14 +0,0 @@
---TEST--
-GH-15419: Readonly classes may not declare promoted properties with hooks
---FILE--
-<?php
-
-readonly class C {
-    public function __construct(
-        public int $prop { set => $value; },
-    ) {}
-}
-
-?>
---EXPECTF--
-Fatal error: Hooked properties cannot be readonly in %s on line %d
diff --git a/Zend/tests/property_hooks/readonly.phpt b/Zend/tests/property_hooks/readonly.phpt
deleted file mode 100644
index be68bc800576e..0000000000000
--- a/Zend/tests/property_hooks/readonly.phpt
+++ /dev/null
@@ -1,12 +0,0 @@
---TEST--
-Hooked properties cannot be readonly
---FILE--
-<?php
-
-class Test {
-    public readonly int $prop { get; set; }
-}
-
-?>
---EXPECTF--
-Fatal error: Hooked properties cannot be readonly in %s on line %d
diff --git a/Zend/tests/property_hooks/readonly_class_property_backed.phpt b/Zend/tests/property_hooks/readonly_class_property_backed.phpt
new file mode 100644
index 0000000000000..e4448ea6579a8
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_class_property_backed.phpt
@@ -0,0 +1,41 @@
+--TEST--
+Backed property in readonly class may have hooks
+--FILE--
+<?php
+
+// readonly class
+readonly class Test {
+    public int $prop {
+        get => $this->prop;
+        set => $value;
+    }
+
+    public function __construct(int $v) {
+        $this->prop = $v;
+    }
+
+    public function set($v)
+    {
+         $this->prop = $v;
+    }
+}
+
+$t = new Test(42);
+var_dump($t->prop);
+try {
+    $t->set(43);
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+try {
+    $t->prop = 43;
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+var_dump($t->prop);
+?>
+--EXPECT--
+int(42)
+Cannot modify readonly property Test::$prop
+Cannot modify protected(set) readonly property Test::$prop from global scope
+int(42)
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_class_property_backed_inheritance_1.phpt b/Zend/tests/property_hooks/readonly_class_property_backed_inheritance_1.phpt
new file mode 100644
index 0000000000000..d9201d977929b
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_class_property_backed_inheritance_1.phpt
@@ -0,0 +1,21 @@
+--TEST--
+Non-readonly class cannot extend readonly class
+--FILE--
+<?php
+
+readonly class ParentClass {
+    public int $prop;
+}
+
+class Test extends ParentClass {
+    public function __construct(
+        public int $prop {
+            get => $this->prop;
+            set => $value;
+        }
+    ) {}
+}
+
+?>
+--EXPECTF--
+Fatal error: Non-readonly class Test cannot extend readonly class ParentClass in %s on line %d
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_class_property_backed_inheritance_2.phpt b/Zend/tests/property_hooks/readonly_class_property_backed_inheritance_2.phpt
new file mode 100644
index 0000000000000..df62a53b8c097
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_class_property_backed_inheritance_2.phpt
@@ -0,0 +1,21 @@
+--TEST--
+Readonly class cannot extend non-readonly class
+--FILE--
+<?php
+
+class ParentClass {
+    public int $prop;
+}
+
+readonly class Test extends ParentClass {
+    public function __construct(
+        public int $prop {
+            get => $this->prop;
+            set => $value;
+        }
+    ) {}
+}
+
+?>
+--EXPECTF--
+Fatal error: Readonly class Test cannot extend non-readonly class ParentClass in %s on line %d
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_class_property_backed_promoted.phpt b/Zend/tests/property_hooks/readonly_class_property_backed_promoted.phpt
new file mode 100644
index 0000000000000..83cfeb46062d7
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_class_property_backed_promoted.phpt
@@ -0,0 +1,40 @@
+--TEST--
+Backed promoted property in readonly class may have hooks
+--FILE--
+<?php
+
+// readonly class, promoted
+readonly class Test {
+    public function __construct(
+        public int $prop {
+            get => $this->prop;
+            set => $value;
+        }
+    ) {}
+
+    public function set($v)
+    {
+         $this->prop = $v;
+    }
+}
+
+$t = new Test(42);
+var_dump($t->prop);
+try {
+    $t->set(43);
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+try {
+    $t->prop = 43;
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+var_dump($t->prop);
+?>
+--EXPECT--
+int(42)
+Cannot modify readonly property Test::$prop
+Cannot modify protected(set) readonly property Test::$prop from global scope
+int(42)
+
diff --git a/Zend/tests/property_hooks/readonly_class_property_virtual_promoted.phpt b/Zend/tests/property_hooks/readonly_class_property_virtual_promoted.phpt
new file mode 100644
index 0000000000000..c0756ec2b9b1f
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_class_property_virtual_promoted.phpt
@@ -0,0 +1,16 @@
+--TEST--
+Virtual promoted property in readonly class cannot have hooks
+--FILE--
+<?php
+
+readonly class Test {
+    public function __construct(
+        public int $prop {
+            get => 42;
+        }
+    ) {}
+}
+
+?>
+--EXPECTF--
+Fatal error: Hooked virtual properties cannot be readonly in %s on line %d
diff --git a/Zend/tests/property_hooks/readonly_lazy.phpt b/Zend/tests/property_hooks/readonly_lazy.phpt
new file mode 100644
index 0000000000000..f3486cb63767a
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_lazy.phpt
@@ -0,0 +1,105 @@
+--TEST--
+Readonly classes can be constructed via reflection by ORM
+--FILE--
+<?php
+
+interface DbConnection {
+   public function loadCategory(string $id): Category;
+}
+
+class Category {
+   public function __construct(public string $name) {}
+}
+
+class MockDbConnection implements DbConnection {
+   public function loadCategory(string $id): Category {
+       echo "hit database\n";
+       return new Category("Category {$id}");
+   }
+}
+
+readonly class Product
+{
+    public function __construct(
+        public string $name,
+        public float $price,
+        public Category $category,
+    ) {}
+}
+
+readonly class LazyProduct extends Product
+{
+   private DbConnection $dbApi;
+
+   private string $categoryId;
+
+   public Category $category {
+       get {
+           return $this->category ??= $this->dbApi->loadCategory($this->categoryId);
+       }
+   }
+}
+
+$reflect = new ReflectionClass(LazyProduct::class);
+$product = $reflect->newInstanceWithoutConstructor();
+
+$nameProperty = $reflect->getProperty('name');
+$nameProperty->setAccessible(true);
+$nameProperty->setValue($product, 'Iced Chocolate');
+
+$priceProperty = $reflect->getProperty('price');
+$priceProperty->setAccessible(true);
+$priceProperty->setValue($product, 1.99);
+
+$db = $reflect->getProperty('dbApi');
+$db->setAccessible(true);
+$db->setValue($product, new MockDbConnection());
+
+$categoryId = $reflect->getProperty('categoryId');
+$categoryId->setAccessible(true);
+$categoryId->setValue($product, '42');
+
+// lazy loading, hit db
+$category1 = $product->category;
+echo $category1->name . "\n";
+
+// cached category returned
+$category2 = $product->category;
+echo $category2->name . "\n";
+
+// same category instance returned
+var_dump($category1 === $category2);
+
+// can't be wrong, huh?
+var_dump($product);
+
+// cannot set twice
+try {
+    $categoryId->setValue($product, '420');
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+
+?>
+--EXPECT--
+hit database
+Category 42
+Category 42
+bool(true)
+object(LazyProduct)#2 (5) {
+  ["name"]=>
+  string(14) "Iced Chocolate"
+  ["price"]=>
+  float(1.99)
+  ["category"]=>
+  object(Category)#8 (1) {
+    ["name"]=>
+    string(11) "Category 42"
+  }
+  ["dbApi":"LazyProduct":private]=>
+  object(MockDbConnection)#6 (0) {
+  }
+  ["categoryId":"LazyProduct":private]=>
+  string(2) "42"
+}
+Cannot modify readonly property LazyProduct::$categoryId
diff --git a/Zend/tests/property_hooks/readonly_property_backed.phpt b/Zend/tests/property_hooks/readonly_property_backed.phpt
new file mode 100644
index 0000000000000..e8b9eb50ee63d
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_backed.phpt
@@ -0,0 +1,108 @@
+--TEST--
+Backed readonly property may have hooks
+--FILE--
+<?php
+
+// readonly property
+class Test {
+    public readonly int $prop {
+        get => $this->prop;
+        set => $value;
+    }
+
+    public function __construct(int $v) {
+        $this->prop = $v;
+    }
+
+    public function set($v)
+    {
+         $this->prop = $v;
+    }
+}
+
+$t = new Test(42);
+var_dump($t->prop);
+try {
+    $t->set(43);
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+try {
+    $t->prop = 43;
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+var_dump($t->prop);
+
+// class readonly
+final readonly class Foo
+{
+    public function __construct(
+        public array $values {
+            set(array $value) => array_map(strtoupper(...), $value);
+        },
+    ) {}
+}
+
+// property readonly
+final class Foo2
+{
+    public function __construct(
+        public readonly array $values {
+            set(array $value) => array_map(strtoupper(...), $value);
+        },
+    ) {}
+}
+
+// redundant readonly
+final readonly class Foo3
+{
+    public function __construct(
+        public readonly array $values {
+            set(array $value) => array_map(strtoupper(...), $value);
+            get => $this->makeNicer($this->values);
+        },
+    ) {}
+
+    public function makeNicer(array $entries): array
+    {
+      return array_map(
+        fn($i, $entry) => $entry . strtoupper(['', 'r', 'st'][$i]), array_keys($entries),
+        $entries
+       );
+    }
+}
+
+\var_dump(new Foo(['yo,', 'you', 'can'])->values);
+\var_dump(new Foo2(['just', 'do', 'things'])->values);
+\var_dump(new Foo3(['nice', 'nice', 'nice'])->values);
+?>
+--EXPECT--
+int(42)
+Cannot modify readonly property Test::$prop
+Cannot modify protected(set) readonly property Test::$prop from global scope
+int(42)
+array(3) {
+  [0]=>
+  string(3) "YO,"
+  [1]=>
+  string(3) "YOU"
+  [2]=>
+  string(3) "CAN"
+}
+array(3) {
+  [0]=>
+  string(4) "JUST"
+  [1]=>
+  string(2) "DO"
+  [2]=>
+  string(6) "THINGS"
+}
+array(3) {
+  [0]=>
+  string(4) "NICE"
+  [1]=>
+  string(5) "NICER"
+  [2]=>
+  string(6) "NICEST"
+}
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_property_backed_inheritance_1.phpt b/Zend/tests/property_hooks/readonly_property_backed_inheritance_1.phpt
new file mode 100644
index 0000000000000..49cf9f67bcc02
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_backed_inheritance_1.phpt
@@ -0,0 +1,21 @@
+--TEST--
+Backed property cannot redeclare readonly as non-readonly property
+--FILE--
+<?php
+
+class ParentClass {
+    public readonly int $prop;
+}
+
+class Test extends ParentClass {
+    public function __construct(
+        public int $prop {
+            get => $this->prop;
+            set => $value;
+        }
+    ) {}
+}
+
+?>
+--EXPECTF--
+Fatal error: Cannot redeclare readonly property ParentClass::$prop as non-readonly Test::$prop %s on line %d
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_property_backed_inheritance_2.phpt b/Zend/tests/property_hooks/readonly_property_backed_inheritance_2.phpt
new file mode 100644
index 0000000000000..6cb1ac8571b7d
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_backed_inheritance_2.phpt
@@ -0,0 +1,21 @@
+--TEST--
+Backed property cannot redeclare non-readonly as readonly property
+--FILE--
+<?php
+
+class ParentClass {
+    public int $prop;
+}
+
+class Test extends ParentClass {
+    public function __construct(
+        public readonly int $prop {
+            get => $this->prop;
+            set => $value;
+        }
+    ) {}
+}
+
+?>
+--EXPECTF--
+Fatal error: Cannot redeclare non-readonly property ParentClass::$prop as readonly Test::$prop in %s on line %d
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_property_backed_inheritance_3.phpt b/Zend/tests/property_hooks/readonly_property_backed_inheritance_3.phpt
new file mode 100644
index 0000000000000..9165f87a4af4d
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_backed_inheritance_3.phpt
@@ -0,0 +1,97 @@
+--TEST--
+Backed readonly property get() in child class behaves as expected
+--FILE--
+<?php
+
+class ParentClass {
+    public function __construct(
+        public readonly int $prop
+    ) {}
+
+    public function getParentValue() {
+        echo "ParentClass::getParentValue(): {$this->prop}\n";
+        var_dump($this);
+        return $this->prop;
+    }
+}
+
+class ChildClass extends ParentClass {
+
+    public readonly int $prop {
+        get {
+            echo 'In ChildClass::$prop::get():' . "\n";
+            echo '    parent::$prop::get(): ' . parent::$prop::get() . "\n";
+            echo '    $this->prop: ' . $this->prop . "\n";
+            echo '    $this->prop * 2: ' . $this->prop * 2 . "\n";
+            return $this->prop * 2;
+        }
+        set => $value;
+    }
+
+    public function setAgain() {
+        $this->prop = 42;
+    }
+}
+
+$t = new ChildClass(911);
+
+echo "\nFirst call:\n";
+$t->prop;
+
+echo "\nFirst call didn't change state:\n";
+$t->prop;
+
+echo "\nUnderlying value never touched:\n";
+var_dump($t);
+
+echo "\nCalling scope is child, hitting child get() and child state expected:\n";
+$t->getParentValue();
+
+try {
+    $t->setAgain(); // cannot write, readonly
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+
+try {
+    $t->prop = 43; // cannot write, visibility
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+
+?>
+--EXPECT--
+First call:
+In ChildClass::$prop::get():
+    parent::$prop::get(): 911
+    $this->prop: 911
+    $this->prop * 2: 1822
+
+First call didn't change state:
+In ChildClass::$prop::get():
+    parent::$prop::get(): 911
+    $this->prop: 911
+    $this->prop * 2: 1822
+
+Underlying value never touched:
+object(ChildClass)#1 (1) {
+  ["prop"]=>
+  int(911)
+}
+
+Calling scope is child, hitting child get() and child state expected:
+In ChildClass::$prop::get():
+    parent::$prop::get(): 911
+    $this->prop: 911
+    $this->prop * 2: 1822
+ParentClass::getParentValue(): 1822
+object(ChildClass)#1 (1) {
+  ["prop"]=>
+  int(911)
+}
+In ChildClass::$prop::get():
+    parent::$prop::get(): 911
+    $this->prop: 911
+    $this->prop * 2: 1822
+Cannot modify readonly property ChildClass::$prop
+Cannot modify protected(set) readonly property ChildClass::$prop from global scope
diff --git a/Zend/tests/property_hooks/readonly_property_backed_promoted.phpt b/Zend/tests/property_hooks/readonly_property_backed_promoted.phpt
new file mode 100644
index 0000000000000..7000c42a12400
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_backed_promoted.phpt
@@ -0,0 +1,39 @@
+--TEST--
+Backed promoted readonly property may have hooks
+--FILE--
+<?php
+
+// readonly property
+class Test {
+    public function __construct(
+        public readonly int $prop {
+                get => $this->prop;
+                set => $value;
+            }
+    ) {}
+
+    public function set($v)
+    {
+         $this->prop = $v;
+    }
+}
+
+$t = new Test(42);
+var_dump($t->prop);
+try {
+    $t->set(43);
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+try {
+    $t->prop = 43;
+} catch (Error $e) {
+    echo $e->getMessage(), "\n";
+}
+var_dump($t->prop);
+?>
+--EXPECT--
+int(42)
+Cannot modify readonly property Test::$prop
+Cannot modify protected(set) readonly property Test::$prop from global scope
+int(42)
\ No newline at end of file
diff --git a/Zend/tests/property_hooks/readonly_property_backed_trait_1.phpt b/Zend/tests/property_hooks/readonly_property_backed_trait_1.phpt
new file mode 100644
index 0000000000000..7fc055c2bd309
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_backed_trait_1.phpt
@@ -0,0 +1,16 @@
+--TEST--
+Readonly class Test cannot use trait with a non-readonly property
+--FILE--
+<?php
+
+trait SomeTrait {
+    public int $prop;
+}
+
+readonly class Test {
+    use SomeTrait;
+}
+
+?>
+--EXPECTF--
+Fatal error: Readonly class Test cannot use trait with a non-readonly property SomeTrait::$prop in %s on line %d
diff --git a/Zend/tests/property_hooks/readonly_property_virtual_in_abstract.phpt b/Zend/tests/property_hooks/readonly_property_virtual_in_abstract.phpt
new file mode 100644
index 0000000000000..cffa9dfac01c7
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_virtual_in_abstract.phpt
@@ -0,0 +1,11 @@
+--TEST--
+Virtual readonly property in interface throws
+--FILE--
+<?php
+
+abstract class Test {
+    public readonly int $prop { get; }
+}
+?>
+--EXPECTF--
+Fatal error: Hooked virtual properties cannot be readonly in %s on line %d
diff --git a/Zend/tests/property_hooks/readonly_property_virtual_in_class.phpt b/Zend/tests/property_hooks/readonly_property_virtual_in_class.phpt
new file mode 100644
index 0000000000000..98d8b38e1d846
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_virtual_in_class.phpt
@@ -0,0 +1,13 @@
+--TEST--
+Virtual readonly property in class throws
+--FILE--
+<?php
+
+class Test {
+    public readonly int $prop {
+        get => 42;
+    }
+}
+?>
+--EXPECTF--
+Fatal error: Hooked virtual properties cannot be readonly in %s on line %d
diff --git a/Zend/tests/property_hooks/readonly_property_virtual_in_interface.phpt b/Zend/tests/property_hooks/readonly_property_virtual_in_interface.phpt
new file mode 100644
index 0000000000000..54cca055f0209
--- /dev/null
+++ b/Zend/tests/property_hooks/readonly_property_virtual_in_interface.phpt
@@ -0,0 +1,11 @@
+--TEST--
+Virtual readonly property in interface throws
+--FILE--
+<?php
+
+interface Test {
+    public readonly int $prop { get; }
+}
+?>
+--EXPECTF--
+Fatal error: Hooked virtual properties cannot be readonly in %s on line %d
diff --git a/Zend/zend_compile.c b/Zend/zend_compile.c
index 0669d106f15e9..ccedc9cce7e28 100644
--- a/Zend/zend_compile.c
+++ b/Zend/zend_compile.c
@@ -8497,8 +8497,9 @@ static void zend_compile_property_hooks(
 {
 	zend_class_entry *ce = CG(active_class_entry);
 
-	if (prop_info->flags & ZEND_ACC_READONLY) {
-		zend_error_noreturn(E_COMPILE_ERROR, "Hooked properties cannot be readonly");
+	/* Allow hooks on backed readonly properties only. */
+	if ((prop_info->flags & (ZEND_ACC_READONLY|ZEND_ACC_VIRTUAL)) == (ZEND_ACC_READONLY|ZEND_ACC_VIRTUAL)) {
+		zend_error_noreturn(E_COMPILE_ERROR, "Hooked virtual properties cannot be readonly");
 	}
 
 	if (hooks->children == 0) {