diff --git a/internal/test/issues/issue-1476/config.yaml b/internal/test/issues/issue-1476/config.yaml
new file mode 100644
index 0000000000..f1852fb7d5
--- /dev/null
+++ b/internal/test/issues/issue-1476/config.yaml
@@ -0,0 +1,7 @@
+# yaml-language-server: $schema=../../../../configuration-schema.json
+package: issue1476
+generate:
+  models: true
+output: issue1476.gen.go
+output-options:
+  skip-prune: true
diff --git a/internal/test/issues/issue-1476/doc.go b/internal/test/issues/issue-1476/doc.go
new file mode 100644
index 0000000000..0f76e432d7
--- /dev/null
+++ b/internal/test/issues/issue-1476/doc.go
@@ -0,0 +1,3 @@
+package issue1476
+
+//go:generate go run github.com/oapi-codegen/oapi-codegen/v2/cmd/oapi-codegen --config=config.yaml spec.yaml
diff --git a/internal/test/issues/issue-1476/issue1476.gen.go b/internal/test/issues/issue-1476/issue1476.gen.go
new file mode 100644
index 0000000000..fb5d753861
--- /dev/null
+++ b/internal/test/issues/issue-1476/issue1476.gen.go
@@ -0,0 +1,20 @@
+// Package issue1476 provides primitives to interact with the openapi HTTP API.
+//
+// Code generated by github.com/oapi-codegen/oapi-codegen/v2 version (devel) DO NOT EDIT.
+package issue1476
+
+// Dog defines model for Dog.
+type Dog struct {
+	Name *string `json:"name,omitempty"`
+	Pet  *struct {
+		Id  int64   `json:"id"`
+		Tag *string `json:"tag,omitempty"`
+	} `json:"-"`
+	PetId *int64 `json:"petId,omitempty"`
+}
+
+// Pet defines model for Pet.
+type Pet struct {
+	Id  int64   `json:"id"`
+	Tag *string `json:"tag,omitempty"`
+}
diff --git a/internal/test/issues/issue-1476/spec.yaml b/internal/test/issues/issue-1476/spec.yaml
new file mode 100644
index 0000000000..c99d497139
--- /dev/null
+++ b/internal/test/issues/issue-1476/spec.yaml
@@ -0,0 +1,26 @@
+openapi: "3.0.0"
+components:
+  schemas:
+    Pet:
+      type: object
+      required:
+        - id
+      properties:
+        id:
+          type: integer
+          format: int64
+        tag:
+          type: string
+    Dog:
+      type: object
+      properties:
+        pet:
+          allOf:
+            - $ref: "#/components/schemas/Pet"
+            - type: object
+              x-go-json-ignore: true
+        petId:
+          type: integer
+          format: int64
+        name:
+          type: string
diff --git a/pkg/codegen/schema.go b/pkg/codegen/schema.go
index f0054a8671..f8fe22d514 100644
--- a/pkg/codegen/schema.go
+++ b/pkg/codegen/schema.go
@@ -391,6 +391,16 @@ func GenerateGoSchema(sref *openapi3.SchemaRef, path []string) (Schema, error) {
 			// We've got an object with some properties.
 			for _, pName := range SortedSchemaKeys(schema.Properties) {
 				p := schema.Properties[pName]
+
+				// Merge allOf in property
+				if p.Value.AllOf != nil {
+					val, err := mergeAllOf(p.Value.AllOf)
+					if err != nil {
+						return Schema{}, fmt.Errorf("error generating Go schema from allOf for property '%s': %w", pName, err)
+					}
+					p.Value = &val
+				}
+
 				propertyPath := append(path, pName)
 				pSchema, err := GenerateGoSchema(p, propertyPath)
 				if err != nil {