diff --git a/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt b/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt
index cab0a3a56f4..255dbe5533b 100644
--- a/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt
+++ b/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt
@@ -197,6 +197,7 @@ val IrProperty.isSimpleProperty: Boolean
         val getterFun = getter
         val setterFun = setter
         return !isFakeOverride &&
+                !isLateinit &&
                 modality === Modality.FINAL &&
                 (getterFun == null || getterFun.origin == IrDeclarationOrigin.DEFAULT_PROPERTY_ACCESSOR) &&
                 (setterFun == null || setterFun.origin == IrDeclarationOrigin.DEFAULT_PROPERTY_ACCESSOR)
diff --git a/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/BoxJsTestGenerated.java b/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/BoxJsTestGenerated.java
index 1828c99127e..b1a611b5d06 100644
--- a/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/BoxJsTestGenerated.java
+++ b/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/BoxJsTestGenerated.java
@@ -2100,6 +2100,12 @@ public class BoxJsTestGenerated extends AbstractBoxJsTest {
             KtTestUtil.assertAllTestsPresentByMetadataWithExcluded(this.getClass(), new File("js/js.translator/testData/box/export"), Pattern.compile("^([^_](.+))\\.kt$"), null, TargetBackend.JS, true);
         }
 
+        @Test
+        @TestMetadata("consumeExportedLateinitProperty.kt")
+        public void testConsumeExportedLateinitProperty() throws Exception {
+            runTest("js/js.translator/testData/box/export/consumeExportedLateinitProperty.kt");
+        }
+
         @Test
         @TestMetadata("defaultInlineClassConstructorParam.kt")
         public void testDefaultInlineClassConstructorParam() throws Exception {
diff --git a/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/FirJsTestGenerated.java b/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/FirJsTestGenerated.java
index 6c7998246a8..a855a1d34ce 100644
--- a/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/FirJsTestGenerated.java
+++ b/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/FirJsTestGenerated.java
@@ -2572,6 +2572,12 @@ public class FirJsTestGenerated extends AbstractFirJsTest {
             runTest("js/js.translator/testData/box/export/bridgeSavingAfterExportInExportedFile.kt");
         }
 
+        @Test
+        @TestMetadata("consumeExportedLateinitProperty.kt")
+        public void testConsumeExportedLateinitProperty() throws Exception {
+            runTest("js/js.translator/testData/box/export/consumeExportedLateinitProperty.kt");
+        }
+
         @Test
         @TestMetadata("defaultInlineClassConstructorParam.kt")
         public void testDefaultInlineClassConstructorParam() throws Exception {
diff --git a/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/IrBoxJsTestGenerated.java b/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/IrBoxJsTestGenerated.java
index 1f9efe60d74..8c161621938 100644
--- a/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/IrBoxJsTestGenerated.java
+++ b/js/js.tests/tests-gen/org/jetbrains/kotlin/js/test/ir/IrBoxJsTestGenerated.java
@@ -2572,6 +2572,12 @@ public class IrBoxJsTestGenerated extends AbstractIrBoxJsTest {
             runTest("js/js.translator/testData/box/export/bridgeSavingAfterExportInExportedFile.kt");
         }
 
+        @Test
+        @TestMetadata("consumeExportedLateinitProperty.kt")
+        public void testConsumeExportedLateinitProperty() throws Exception {
+            runTest("js/js.translator/testData/box/export/consumeExportedLateinitProperty.kt");
+        }
+
         @Test
         @TestMetadata("defaultInlineClassConstructorParam.kt")
         public void testDefaultInlineClassConstructorParam() throws Exception {
diff --git a/js/js.translator/testData/box/export/consumeExportedLateinitProperty.kt b/js/js.translator/testData/box/export/consumeExportedLateinitProperty.kt
new file mode 100644
index 00000000000..71b25a380b7
--- /dev/null
+++ b/js/js.translator/testData/box/export/consumeExportedLateinitProperty.kt
@@ -0,0 +1,19 @@
+// KT-53968
+// EXPECTED_REACHABLE_NODES: 1252
+
+@JsExport
+class LateinitContainer {
+    lateinit var value: String;
+}
+
+fun box(): String {
+    val container = LateinitContainer()
+    try {
+        container.value
+        return "Fail: problem with lateinit getter."
+    } catch (e: Exception) {}
+
+    container.value = "Test"
+    assertEquals(container.value, "Test")
+    return "OK"
+}
\ No newline at end of file
diff --git a/js/js.translator/testData/box/export/exportClassPropertiesInDifferentCombinations.kt b/js/js.translator/testData/box/export/exportClassPropertiesInDifferentCombinations.kt
index df340cf5198..32f6ee292f4 100644
--- a/js/js.translator/testData/box/export/exportClassPropertiesInDifferentCombinations.kt
+++ b/js/js.translator/testData/box/export/exportClassPropertiesInDifferentCombinations.kt
@@ -20,6 +20,9 @@ interface IOwner {
 open class Owner {
     open val classOpenReadonly: String = "Class Readonly Open"
     open var classOpenVar: String = "Class Var Open"
+    open lateinit var classOpenLateinitVar: String;
+
+    lateinit var classLateinitVar: String;
 
     val classFinalReadonly: String = "Class Readonly Final"
     var classFinalVar: String = "Class Default"
@@ -63,6 +66,7 @@ open class AnotherOneHiddenChild: HiddenChild() {
 class ExportedChild: AnotherOneHiddenChild() {
     override val classOpenReadonly: String = "Exported Child Readonly Open"
     override var classOpenVar: String = "Exported Child Var Open"
+    override var classOpenLateinitVar: String = "Exported Child Lateinit Open Var"
 
     override val classOpenGetterOnly: String
         get() = "Exported Child with Open Getter"
@@ -95,6 +99,22 @@ function testOwner(pkg) {
     assertEquals(owner.classOpenReadonly, "Class Readonly Open")
     assertEquals(owner.classOpenVar, "Class Var Open")
 
+    try {
+        owner.classOpenLateinitVar;
+        return "Fail: invalid getter for open lateinit var in Owner class";
+    } catch(e) {}
+
+    owner.classOpenLateinitVar = "Class Open Lateinit Var"
+    assertEquals(owner.classOpenLateinitVar, "Class Open Lateinit Var")
+
+    try {
+        owner.classLateinitVar;
+        return "Fail: invalid getter for lateinit var in Owner class";
+    } catch(e) {}
+
+    owner.classLateinitVar = "Class Lateinit Var"
+    assertEquals(owner.classLateinitVar, "Class Lateinit Var")
+
     assertEquals(owner.classFinalReadonly, "Class Readonly Final")
     assertEquals(owner.classFinalVar, "Class Default")
 
@@ -130,6 +150,22 @@ function testHiddenChild(pkg) {
     assertEquals(owner.classOpenReadonly, "Class Readonly Open")
     assertEquals(owner.classOpenVar, "Class Var Open")
 
+    try {
+        owner.classOpenLateinitVar;
+        return "Fail: invalid getter for open lateinit var in Hidden Child class";
+    } catch(e) {}
+
+    owner.classOpenLateinitVar = "Hidden Child Open Lateinit Var"
+    assertEquals(owner.classOpenLateinitVar, "Hidden Child Open Lateinit Var")
+
+    try {
+        owner.classLateinitVar;
+        return "Fail: invalid getter for lateinit var in Hidden Child class";
+    } catch(e) {}
+
+    owner.classLateinitVar = "Hidden Child Lateinit Var"
+    assertEquals(owner.classLateinitVar, "Hidden Child Lateinit Var")
+
     assertEquals(owner.classFinalReadonly, "Class Readonly Final")
     assertEquals(owner.classFinalVar, "Class Default")
 
@@ -165,6 +201,22 @@ function testAnotherHiddenChild(pkg) {
     assertEquals(owner.classOpenReadonly, "Class Readonly Open")
     assertEquals(owner.classOpenVar, "Class Var Open")
 
+    try {
+        owner.classOpenLateinitVar;
+        return "Fail: invalid getter for open lateinit var in Another Hidden Child class";
+    } catch(e) {}
+
+    owner.classOpenLateinitVar = "Another Hidden Child Open Lateinit Var"
+    assertEquals(owner.classOpenLateinitVar, "Another Hidden Child Open Lateinit Var")
+
+    try {
+        owner.classLateinitVar;
+        return "Fail: invalid getter for lateinit var in Another Hidden Child class";
+    } catch(e) {}
+
+    owner.classLateinitVar = "Another Hidden Child Lateinit Var"
+    assertEquals(owner.classLateinitVar, "Another Hidden Child Lateinit Var")
+
     assertEquals(owner.classFinalReadonly, "Class Readonly Final")
     assertEquals(owner.classFinalVar, "Class Default")
 
@@ -196,6 +248,24 @@ function testExportedChild(pkg) {
     assertEquals(owner.classOpenReadonly, "Exported Child Readonly Open")
     assertEquals(owner.classOpenVar, "Exported Child Var Open")
 
+    try {
+        owner.classOpenLateinitVar;
+    } catch(e) {
+        return "Fail: invalid overridding of getter for open lateinit var in ExportedChild class";
+    }
+
+    owner.classOpenLateinitVar = "Exported Child Open Lateinit Var"
+    assertEquals(owner.classOpenLateinitVar, "Exported Child Open Lateinit Var")
+
+    try {
+        owner.classLateinitVar;
+    } catch(e) {
+        return "Fail: invalid overridding of getter for lateinit var in ExportedChild class";
+    }
+
+    owner.classLateinitVar = "Exported Child Lateinit Var"
+    assertEquals(owner.classLateinitVar, "Exported Child Lateinit Var")
+
     assertEquals(owner.classFinalReadonly, "Class Readonly Final")
     assertEquals(owner.classFinalVar, "Class Default")