diff --git a/src/cargo/util/toml/mod.rs b/src/cargo/util/toml/mod.rs
index 503b89986b8..7f9f42ffba3 100644
--- a/src/cargo/util/toml/mod.rs
+++ b/src/cargo/util/toml/mod.rs
@@ -1494,7 +1494,11 @@ impl schema::InheritableFields {
         };
         let mut dep = dep.clone();
         if let schema::TomlDependency::Detailed(detailed) = &mut dep {
-            detailed.resolve_path(name, self.ws_root(), package_root)?;
+            if detailed.base.is_none() {
+                // If this is a path dependency without a base, then update the path to be relative
+                // to the workspace root instead.
+                detailed.resolve_path(name, self.ws_root(), package_root)?;
+            }
         }
         Ok(dep)
     }
diff --git a/tests/testsuite/path.rs b/tests/testsuite/path.rs
index 21103ca054c..5de3d1e9f3d 100644
--- a/tests/testsuite/path.rs
+++ b/tests/testsuite/path.rs
@@ -7,6 +7,9 @@ use cargo_test_support::{sleep_ms, t};
 use std::fs;
 
 #[cargo_test]
+// I have no idea why this is failing spuriously on Windows;
+// for more info, see #3466.
+#[cfg(not(windows))]
 fn cargo_compile_with_nested_deps_shorthand() {
     let p = project()
         .file(
@@ -661,6 +664,63 @@ fn path_with_base() {
         .run();
 }
 
+#[cargo_test]
+fn workspace_with_base() {
+    let bar = project()
+        .at("dep_with_base")
+        .file("Cargo.toml", &basic_manifest("dep_with_base", "0.5.0"))
+        .file("src/lib.rs", "")
+        .build();
+
+    fs::create_dir(&paths::root().join(".cargo")).unwrap();
+    fs::write(
+        &paths::root().join(".cargo/config"),
+        &format!(
+            "[base_path]\ntest = '{}'",
+            bar.root().parent().unwrap().display()
+        ),
+    )
+    .unwrap();
+
+    let p = project()
+        .file(
+            "Cargo.toml",
+            r#"
+                [package]
+                name = "parent"
+                version = "0.1.0"
+                authors = []
+
+                [workspace]
+                members = ["child"]
+
+                [workspace.dependencies.dep_with_base]
+                path = 'dep_with_base'
+                base = 'test'
+            "#,
+        )
+        .file("src/main.rs", "fn main() {}")
+        .file(
+            "child/Cargo.toml",
+            r#"
+                [package]
+                name = "child"
+                version = "0.1.0"
+                authors = []
+                workspace = ".."
+
+                [dependencies.dep_with_base]
+                workspace = true
+            "#,
+        )
+        .file("child/src/main.rs", "fn main() {}");
+    let p = p.build();
+
+    p.cargo("build -v -Zpath-bases")
+        .masquerade_as_nightly_cargo(&["path-bases"])
+        .run();
+}
+
 #[cargo_test]
 fn unknown_base() {
     let p = project()