diff --git a/mypy/constraints.py b/mypy/constraints.py
index 48cc23f742227..d389567384aee 100644
--- a/mypy/constraints.py
+++ b/mypy/constraints.py
@@ -1050,6 +1050,11 @@ def infer_constraints_from_protocol_members(
         """
         res = []
         for member in protocol.type.protocol_members:
+            if member == "__class__":
+                # Every object exposes __class__, but it is not a useful
+                # structural constraint and can infer an unrelated protocol
+                # type variable from the concrete class object.
+                continue
             inst = mypy.subtypes.find_member(member, instance, subtype, class_obj=class_obj)
             temp = mypy.subtypes.find_member(member, template, subtype)
             if inst is None or temp is None:
diff --git a/mypy/test/testsubtypes.py b/mypy/test/testsubtypes.py
index b75c22bca7f79..47a72b462d739 100644
--- a/mypy/test/testsubtypes.py
+++ b/mypy/test/testsubtypes.py
@@ -1,5 +1,6 @@
 from __future__ import annotations
 
+from mypy import api
 from mypy.nodes import CONTRAVARIANT, COVARIANT, INVARIANT
 from mypy.subtypes import is_subtype
 from mypy.test.helpers import Suite
@@ -8,6 +9,33 @@
 
 
 class SubtypingSuite(Suite):
+    def test_protocol_overload_with_class_override(self) -> None:
+        source = """
+from collections.abc import Iterator, Sequence
+from typing import Any, Protocol, overload
+from typing_extensions import TypeVar, reveal_type
+
+T = TypeVar("T", covariant=True)
+
+class ReducedCovariantList(Protocol[T]):
+    @property  # type: ignore[misc]
+    def __class__(self) -> type[list[Any]]: ...  # type: ignore[override]
+    def __iter__(self) -> Iterator[T]: ...
+
+@overload
+def choose(value: ReducedCovariantList[str]) -> str: ...
+@overload
+def choose(value: Sequence[int]) -> int: ...
+def choose(value: Any) -> Any: ...
+
+reveal_type(choose([1]))
+"""
+        stdout, stderr, returncode = api.run(
+            ["--python-version", "3.14", "--no-incremental", "--show-error-codes", "-c", source]
+        )
+        assert returncode == 0, stderr
+        assert 'Revealed type is "int"' in stdout
+
     def setUp(self) -> None:
         self.fx = TypeFixture(INVARIANT)
         self.fx_contra = TypeFixture(CONTRAVARIANT)