diff --git a/examples/ethernet/basic/components/ethernet_init/Kconfig.projbuild b/examples/ethernet/basic/components/ethernet_init/Kconfig.projbuild
index 68b5e0862e..caca0c4211 100644
--- a/examples/ethernet/basic/components/ethernet_init/Kconfig.projbuild
+++ b/examples/ethernet/basic/components/ethernet_init/Kconfig.projbuild
@@ -171,7 +171,7 @@ menu "Example Ethernet Configuration"
             default 13 if IDF_TARGET_ESP32S2 || IDF_TARGET_ESP32S3
             default 2 if IDF_TARGET_ESP32C3 || IDF_TARGET_ESP32C2 || IDF_TARGET_ESP32C6 || IDF_TARGET_ESP32C61
             default 0 if IDF_TARGET_ESP32H2
-            default 52 if IDF_TARGET_ESP32P4
+            default 24 if IDF_TARGET_ESP32P4
             default 9 if IDF_TARGET_ESP32C5
             help
                 Set the GPIO number used by SPI MISO.
@@ -190,7 +190,7 @@ menu "Example Ethernet Configuration"
             default 10 if IDF_TARGET_ESP32S2 || IDF_TARGET_ESP32C3 || IDF_TARGET_ESP32S3 || IDF_TARGET_ESP32C2
             default 3 if IDF_TARGET_ESP32C6 || IDF_TARGET_ESP32C5 || IDF_TARGET_ESP32C61
             default 1 if IDF_TARGET_ESP32H2
-            default 53 if IDF_TARGET_ESP32P4
+            default 21 if IDF_TARGET_ESP32P4
             help
                 Set the GPIO number used by SPI CS0, i.e. Chip Select associated with the first SPI Eth module).