diff --git a/Misc/NEWS.d/next/Build/2026-10-30-23-16-35.gh-issue-150467.qMGY7M.rst b/Misc/NEWS.d/next/Build/2026-10-30-23-16-35.gh-issue-150467.qMGY7M.rst
new file mode 100644
index 000000000000000..c1d63934f80a6ed
--- /dev/null
+++ b/Misc/NEWS.d/next/Build/2026-10-30-23-16-35.gh-issue-150467.qMGY7M.rst
@@ -0,0 +1,2 @@
+Fix linking ``python3.dll`` and ``python3t.dll`` on Windows when building with
+AddressSanitizer.
diff --git a/PCbuild/python3dll.vcxproj b/PCbuild/python3dll.vcxproj
index 3d8ac1b23532c1d..f6f1d0d8f95ed96 100644
--- a/PCbuild/python3dll.vcxproj
+++ b/PCbuild/python3dll.vcxproj
@@ -95,7 +95,11 @@
       <BufferSecurityCheck>false</BufferSecurityCheck>
     </ClCompile>
     <Link>
-      <NoEntryPoint>true</NoEntryPoint>
+      <!--
+      The ASan runtime thunks need the CRT to be initialized, so keep the
+      default entry point when building with AddressSanitizer.
+      -->
+      <NoEntryPoint Condition="$(EnableASAN) != 'true'">true</NoEntryPoint>
     </Link>
   </ItemDefinitionGroup>
   <ItemGroup>
diff --git a/PCbuild/python3tdll.vcxproj b/PCbuild/python3tdll.vcxproj
index 796712cca3146c4..9ccc71ce4a40a81 100644
--- a/PCbuild/python3tdll.vcxproj
+++ b/PCbuild/python3tdll.vcxproj
@@ -95,7 +95,11 @@
       <BufferSecurityCheck>false</BufferSecurityCheck>
     </ClCompile>
     <Link>
-      <NoEntryPoint>true</NoEntryPoint>
+      <!--
+      The ASan runtime thunks need the CRT to be initialized, so keep the
+      default entry point when building with AddressSanitizer.
+      -->
+      <NoEntryPoint Condition="$(EnableASAN) != 'true'">true</NoEntryPoint>
     </Link>
   </ItemDefinitionGroup>
   <ItemGroup>