diff --git a/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.fir.txt b/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.fir.txt
index d8a54a3508f..04e75db70a6 100644
--- a/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.fir.txt
+++ b/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.fir.txt
@@ -28,6 +28,33 @@ FILE: reassignOfNonLocalProperty_initializedProperties.kt
         )
             public get(): R|kotlin/String|
 
+        public final var b: R|kotlin/String| = String(hello)
+            public get(): R|kotlin/String| {
+                this@R|/Some|.R|/Some.x| = String(error)
+                this@R|/Some|.R|/y| = String(error)
+                R|/z| = String(error)
+                ^ this@R|/Some|.F|/Some.b|
+            }
+            public set(value: R|kotlin/String|): R|kotlin/Unit| {
+                this@R|/Some|.R|/Some.x| = R|<local>/value|
+                this@R|/Some|.R|/y| = R|<local>/value|
+                R|/z| = R|<local>/value|
+                this@R|/Some|.F|/Some.b| = R|<local>/value|
+            }
+
+        public final var c: R|kotlin/String|
+            public get(): R|kotlin/String| {
+                this@R|/Some|.R|/Some.x| = String(error)
+                this@R|/Some|.R|/y| = String(error)
+                R|/z| = String(error)
+                ^ String(hello)
+            }
+            public set(value: R|kotlin/String|): R|kotlin/Unit| {
+                this@R|/Some|.R|/Some.x| = R|<local>/value|
+                this@R|/Some|.R|/y| = R|<local>/value|
+                R|/z| = R|<local>/value|
+            }
+
         public final fun test_1(): R|kotlin/Unit| {
             this@R|/Some|.R|/Some.x| = String(error)
             this@R|/Some|.R|/y| = String(error)
diff --git a/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.kt b/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.kt
index 5d5a2c458d1..dbe084b22bc 100644
--- a/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.kt
+++ b/compiler/fir/analysis-tests/testData/resolve/cfa/reassignOfNonLocalProperty_initializedProperties.kt
@@ -1,4 +1,4 @@
-// ISSUE: KT-55493
+// ISSUE: KT-55493, KT-59744
 // WITH_STDLIB
 
 val z: String = "ok"
@@ -22,6 +22,33 @@ class Some {
         "hello"
     }
 
+    var b: String = "hello"
+        get() {
+            <!VAL_REASSIGNMENT!>x<!> = "error"
+            <!VAL_REASSIGNMENT!>y<!> = "error"
+            <!VAL_REASSIGNMENT!>z<!> = "error"
+            return field
+        }
+        set(value) {
+            <!VAL_REASSIGNMENT!>x<!> = value
+            <!VAL_REASSIGNMENT!>y<!> = value
+            <!VAL_REASSIGNMENT!>z<!> = value
+            field = value
+        }
+
+    var c: String
+        get() {
+            <!VAL_REASSIGNMENT!>x<!> = "error"
+            <!VAL_REASSIGNMENT!>y<!> = "error"
+            <!VAL_REASSIGNMENT!>z<!> = "error"
+            return "hello"
+        }
+        set(value) {
+            <!VAL_REASSIGNMENT!>x<!> = value
+            <!VAL_REASSIGNMENT!>y<!> = value
+            <!VAL_REASSIGNMENT!>z<!> = value
+        }
+
     fun test_1() {
         <!VAL_REASSIGNMENT!>x<!> = "error"
         <!VAL_REASSIGNMENT!>y<!> = "error"
diff --git a/compiler/fir/checkers/src/org/jetbrains/kotlin/fir/analysis/checkers/expression/FirReassignmentAndInvisibleSetterChecker.kt b/compiler/fir/checkers/src/org/jetbrains/kotlin/fir/analysis/checkers/expression/FirReassignmentAndInvisibleSetterChecker.kt
index 5fdfd7b939f..1b0472efcd9 100644
--- a/compiler/fir/checkers/src/org/jetbrains/kotlin/fir/analysis/checkers/expression/FirReassignmentAndInvisibleSetterChecker.kt
+++ b/compiler/fir/checkers/src/org/jetbrains/kotlin/fir/analysis/checkers/expression/FirReassignmentAndInvisibleSetterChecker.kt
@@ -148,18 +148,29 @@ object FirReassignmentAndInvisibleSetterChecker : FirVariableAssignmentChecker()
 
     private fun isInOwnersInitializer(receiver: FirExpression, context: CheckerContext): Boolean {
         val uninitializedThisSymbol = (receiver as? FirThisReceiverExpression)?.calleeReference?.boundSymbol ?: return false
-        var foundInitializer = false
-        for ((i, declaration) in context.containingDeclarations.withIndex()) {
-            if (declaration is FirClass) {
-                foundInitializer = if (context.containingDeclarations.getOrNull(i + 1)?.evaluatedInPlace == false) {
-                    // In member function of a class, assume all outer classes are already initialized
-                    // by the time this function is called.
-                    false
-                } else {
-                    foundInitializer || declaration.symbol == uninitializedThisSymbol
+        val containingDeclarations = context.containingDeclarations
+
+        val index = containingDeclarations.indexOfFirst { it is FirClass && it.symbol == uninitializedThisSymbol }
+        if (index == -1) return false
+
+        for (i in index until containingDeclarations.size) {
+            if (containingDeclarations[i] is FirClass) {
+                // Properties need special consideration as some parts are evaluated in-place (initializers) and others are not (accessors).
+                // So it is not enough to just check the FirProperty - which is treated as in-place - but the following declaration needs to
+                // be checked if and only if it is a property accessor.
+                val container = when (val next = containingDeclarations.getOrNull(i + 1)) {
+                    is FirProperty -> containingDeclarations.getOrNull(i + 2)?.takeIf { it is FirPropertyAccessor } ?: next
+                    else -> next
+                }
+
+                // In member function of a class, assume all outer classes are already initialized
+                // by the time this function is called.
+                if (container?.evaluatedInPlace == false) {
+                    return false
                 }
             }
         }
-        return foundInitializer
+
+        return true
     }
 }