diff --git a/libraries/tools/kotlin-gradle-plugin-integration-tests/src/test/kotlin/org/jetbrains/kotlin/gradle/NewMultiplatformIT.kt b/libraries/tools/kotlin-gradle-plugin-integration-tests/src/test/kotlin/org/jetbrains/kotlin/gradle/NewMultiplatformIT.kt
index 1c2908f7555..20c6bf3b23d 100644
--- a/libraries/tools/kotlin-gradle-plugin-integration-tests/src/test/kotlin/org/jetbrains/kotlin/gradle/NewMultiplatformIT.kt
+++ b/libraries/tools/kotlin-gradle-plugin-integration-tests/src/test/kotlin/org/jetbrains/kotlin/gradle/NewMultiplatformIT.kt
@@ -4,9 +4,7 @@
  */
 package org.jetbrains.kotlin.gradle
 
-import org.jetbrains.kotlin.gradle.internals.DISABLED_NATIVE_TARGETS_REPORTER_DISABLE_WARNING_PROPERTY_NAME
-import org.jetbrains.kotlin.gradle.internals.DISABLED_NATIVE_TARGETS_REPORTER_WARNING_PREFIX
-import org.jetbrains.kotlin.gradle.internals.GRADLE_NO_METADATA_WARNING
+import org.jetbrains.kotlin.gradle.internals.*
 import org.jetbrains.kotlin.gradle.plugin.ProjectLocalConfigurations
 import org.jetbrains.kotlin.gradle.plugin.mpp.KotlinJvmWithJavaTargetPreset
 import org.jetbrains.kotlin.gradle.plugin.mpp.KotlinMultiplatformPlugin
@@ -20,7 +18,6 @@ import org.jetbrains.kotlin.gradle.util.*
 import org.jetbrains.kotlin.konan.target.CompilerOutputKind
 import org.jetbrains.kotlin.konan.target.HostManager
 import org.junit.Assert
-import org.junit.Assume
 import org.junit.Ignore
 import org.junit.Test
 import java.util.jar.JarFile
@@ -1486,13 +1483,17 @@ class NewMultiplatformIT : BaseGradleIT() {
                 assertSuccessful()
                 assertContains("User-provided Kotlin/Native distribution: $currentDir")
                 assertNotContains("Project property 'org.jetbrains.kotlin.native.home' is deprecated")
+                assertContains(NO_NATIVE_STDLIB_WARNING)
+                assertContains(NO_NATIVE_STDLIB_PROPERTY_WARNING)
             }
 
             // Deprecated property.
-            build("tasks", "-Porg.jetbrains.kotlin.native.home=$currentDir") {
+            build("tasks", "-Porg.jetbrains.kotlin.native.home=$currentDir", "-Pkotlin.native.nostdlib=true") {
                 assertSuccessful()
                 assertContains("User-provided Kotlin/Native distribution: $currentDir")
                 assertContains("Project property 'org.jetbrains.kotlin.native.home' is deprecated")
+                assertNotContains(NO_NATIVE_STDLIB_WARNING)
+                assertNotContains(NO_NATIVE_STDLIB_PROPERTY_WARNING)
             }
 
             build("tasks", "-Pkotlin.native.version=1.3-eap-10779") {
diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/native/KotlinNativeTargetPreset.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/native/KotlinNativeTargetPreset.kt
index 06653913336..8cca0b0e3d1 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/native/KotlinNativeTargetPreset.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/native/KotlinNativeTargetPreset.kt
@@ -17,6 +17,7 @@ import org.jetbrains.kotlin.gradle.plugin.*
 import org.jetbrains.kotlin.gradle.plugin.PropertiesProvider
 import org.jetbrains.kotlin.gradle.targets.native.DisabledNativeTargetsReporter
 import org.jetbrains.kotlin.gradle.utils.NativeCompilerDownloader
+import org.jetbrains.kotlin.gradle.utils.SingleWarningPerBuild
 import org.jetbrains.kotlin.konan.target.HostManager
 import org.jetbrains.kotlin.konan.target.KonanTarget
 
@@ -131,7 +132,10 @@ abstract class AbstractKotlinNativeTargetPreset<T : KotlinNativeTarget>(
                 return compilations.all { it.target.platformType == KotlinPlatformType.native }
             }
 
-            val stdlib = defaultLibs(stdlibOnly = true).single()
+            val stdlib = defaultLibs(stdlibOnly = true).singleOrNull() ?: run {
+                warnAboutMissingNativeStdlib(project)
+                return@whenEvaluated
+            }
 
             project.kotlinExtension.sourceSets
                 .filter { it.isIntermediateNativeSourceSet() }
@@ -143,7 +147,27 @@ abstract class AbstractKotlinNativeTargetPreset<T : KotlinNativeTarget>(
 
     companion object {
         private const val KOTLIN_NATIVE_HOME_PRIVATE_PROPERTY = "konanHome"
+
+        private fun warnAboutMissingNativeStdlib(project: Project) {
+            if (!project.hasProperty("kotlin.native.nostdlib")) {
+                SingleWarningPerBuild.show(
+                    project,
+                    buildString {
+                        append(NO_NATIVE_STDLIB_WARNING)
+                        if (PropertiesProvider(project).nativeHome != null)
+                            append(NO_NATIVE_STDLIB_PROPERTY_WARNING)
+                    }
+                )
+            }
+        }
+
+        internal const val NO_NATIVE_STDLIB_WARNING =
+            "The Kotlin/Native distribution used in this build does not provide the standard library. "
+
+        internal const val NO_NATIVE_STDLIB_PROPERTY_WARNING =
+            "Make sure that the '${PropertiesProvider.KOTLIN_NATIVE_HOME}' property points to a valid Kotlin/Native distribution."
     }
+
 }
 
 open class KotlinNativeTargetPreset(name: String, project: Project, konanTarget: KonanTarget, kotlinPluginVersion: String) :
diff --git a/libraries/tools/kotlin-gradle-plugin/src/test/kotlin/org/jetbrains/kotlin/gradle/internals/ExposedForIntegrationTests.kt b/libraries/tools/kotlin-gradle-plugin/src/test/kotlin/org/jetbrains/kotlin/gradle/internals/ExposedForIntegrationTests.kt
index 60cd8af3a71..8fb40228223 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/test/kotlin/org/jetbrains/kotlin/gradle/internals/ExposedForIntegrationTests.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/test/kotlin/org/jetbrains/kotlin/gradle/internals/ExposedForIntegrationTests.kt
@@ -5,8 +5,10 @@
 
 package org.jetbrains.kotlin.gradle.internals
 
-import org.jetbrains.kotlin.gradle.targets.native.DisabledNativeTargetsReporter
+import org.jetbrains.kotlin.gradle.plugin.mpp.AbstractKotlinNativeTargetPreset.Companion.NO_NATIVE_STDLIB_PROPERTY_WARNING
+import org.jetbrains.kotlin.gradle.plugin.mpp.AbstractKotlinNativeTargetPreset.Companion.NO_NATIVE_STDLIB_WARNING
 import org.jetbrains.kotlin.gradle.plugin.mpp.KotlinProjectStructureMetadata
+import org.jetbrains.kotlin.gradle.targets.native.DisabledNativeTargetsReporter
 import org.w3c.dom.Document
 
 fun parseKotlinSourceSetMetadataFromXml(document: Document): KotlinProjectStructureMetadata? =
@@ -22,4 +24,7 @@ const val DISABLED_NATIVE_TARGETS_REPORTER_DISABLE_WARNING_PROPERTY_NAME =
     DisabledNativeTargetsReporter.DISABLE_WARNING_PROPERTY_NAME
 
 const val DISABLED_NATIVE_TARGETS_REPORTER_WARNING_PREFIX: String =
-    DisabledNativeTargetsReporter.WARNING_PREFIX
\ No newline at end of file
+    DisabledNativeTargetsReporter.WARNING_PREFIX
+
+const val NO_NATIVE_STDLIB_WARNING = NO_NATIVE_STDLIB_WARNING
+const val NO_NATIVE_STDLIB_PROPERTY_WARNING = NO_NATIVE_STDLIB_PROPERTY_WARNING
\ No newline at end of file