diff --git a/mpy-cross/mpy-cross.vcxproj b/mpy-cross/mpy-cross.vcxproj
index 53cb0fa1fe..322d8c25d1 100644
--- a/mpy-cross/mpy-cross.vcxproj
+++ b/mpy-cross/mpy-cross.vcxproj
@@ -24,7 +24,6 @@
     <PyBuildingMpyCross>True</PyBuildingMpyCross>
     <PyBuildDir>$(MSBuildThisFileDirectory)build\</PyBuildDir>
     <PyIncDirs>$(MSBuildThisFileDirectory)</PyIncDirs>
-    <PyTargetDir>$(MSBuildThisFileDirectory)</PyTargetDir>
     <PyMsvcDir>$(MSBuildThisFileDirectory)..\ports\windows\msvc\</PyMsvcDir>
   </PropertyGroup>
   <Import Project="$(VCTargetsPath)\Microsoft.Cpp.Default.props" />
diff --git a/ports/windows/.appveyor.yml b/ports/windows/.appveyor.yml
index 110511fe22..41b554b2d9 100644
--- a/ports/windows/.appveyor.yml
+++ b/ports/windows/.appveyor.yml
@@ -78,7 +78,7 @@ after_test:
     if ($LASTEXITCODE -ne 0) {
       throw "$env:MSYSTEM build exited with code $LASTEXITCODE"
     }
-    C:\msys64\usr\bin\bash.exe -l -c "make -B -j4 V=1 MICROPY_MPYCROSS=../../mpy-cross/mpy-cross.exe VARIANT=$($env:PyVariant)"
+    C:\msys64\usr\bin\bash.exe -l -c "make -B -j4 V=1 MICROPY_MPYCROSS=../../mpy-cross/build/mpy-cross.exe VARIANT=$($env:PyVariant)"
     if ($LASTEXITCODE -ne 0) {
       throw "$env:MSYSTEM build exited with code $LASTEXITCODE"
     }
diff --git a/ports/windows/README.md b/ports/windows/README.md
index 1fa8008910..7b5f92f10a 100644
--- a/ports/windows/README.md
+++ b/ports/windows/README.md
@@ -128,7 +128,7 @@ functions and thus should be ran using the `wineconsole` tool. Depending
 on the Wine build configuration, you may also want to select the curses
 backend which has the look&feel of a standard Unix console:
 
-    wineconsole --backend=curses ./micropython.exe
+    wineconsole --backend=curses ./build-standard/micropython.exe
 
 For more info, see https://www.winehq.org/docs/wineusr-guide/cui-programs .
 
diff --git a/ports/windows/msvc/paths.props b/ports/windows/msvc/paths.props
index 1a41919328..767772a1aa 100644
--- a/ports/windows/msvc/paths.props
+++ b/ports/windows/msvc/paths.props
@@ -22,14 +22,14 @@
                         |- standard [PyVariantDir]
 
          Note that the micropython executable will be copied from PyOutDir
-         to PyWinDir after each build. -->
+         to PyTargetDir after each build. -->
 
     <!-- Start from project root -->
     <PyBaseDir>$([System.IO.Path]::GetFullPath(`$(MSBuildThisFileDirectory)..\..\..`))\</PyBaseDir>
     <PyWinDir>$(PyBaseDir)ports\windows\</PyWinDir>
     <PyBuildDir Condition="'$(PyBuildDir)' == ''">$(PyWinDir)$(PyBuild)\</PyBuildDir>
     <PyVariantDir Condition="'$(PyVariantDir)' == ''">$(PyWinDir)variants\$(PyVariant)\</PyVariantDir>
-    <PyTargetDir Condition="'$(PyTargetDir)' == ''">$(PyWinDir)</PyTargetDir>
+    <PyTargetDir Condition="'$(PyTargetDir)' == ''">$(PyBuildDir)</PyTargetDir>
 
     <!-- All include directories needed for uPy -->
     <PyIncDirs>$(PyIncDirs);$(PyBaseDir);$(PyWinDir);$(PyBuildDir);$(PyWinDir)msvc;$(PyVariantDir)</PyIncDirs>
diff --git a/tests/run-internalbench.py b/tests/run-internalbench.py
index 0d21978501..b71b38cab8 100755
--- a/tests/run-internalbench.py
+++ b/tests/run-internalbench.py
@@ -13,7 +13,9 @@ from collections import defaultdict
 # to the correct executable.
 if os.name == "nt":
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3.exe")
-    MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", "../ports/windows/micropython.exe")
+    MICROPYTHON = os.getenv(
+        "MICROPY_MICROPYTHON", "../ports/windows/build-standard/micropython.exe"
+    )
 else:
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3")
     MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", "../ports/unix/build-standard/micropython")
diff --git a/tests/run-multitests.py b/tests/run-multitests.py
index 70bae59474..2fd5f027e7 100755
--- a/tests/run-multitests.py
+++ b/tests/run-multitests.py
@@ -27,7 +27,9 @@ import pyboard
 
 if os.name == "nt":
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3.exe")
-    MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", test_dir + "/../ports/windows/micropython.exe")
+    MICROPYTHON = os.getenv(
+        "MICROPY_MICROPYTHON", test_dir + "/../ports/windows/build-standard/micropython.exe"
+    )
 else:
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3")
     MICROPYTHON = os.getenv(
diff --git a/tests/run-perfbench.py b/tests/run-perfbench.py
index f87169d491..578f975bb8 100755
--- a/tests/run-perfbench.py
+++ b/tests/run-perfbench.py
@@ -18,7 +18,9 @@ prepare_script_for_target = __import__("run-tests").prepare_script_for_target
 # Paths for host executables
 if os.name == "nt":
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3.exe")
-    MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", "../ports/windows/micropython.exe")
+    MICROPYTHON = os.getenv(
+        "MICROPY_MICROPYTHON", "../ports/windows/build-standard/micropython.exe"
+    )
 else:
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3")
     MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", "../ports/unix/build-standard/micropython")
diff --git a/tests/run-tests.py b/tests/run-tests.py
index 35740318e2..02cad5aed8 100755
--- a/tests/run-tests.py
+++ b/tests/run-tests.py
@@ -30,9 +30,11 @@ def base_path(*p):
 # to the correct executable.
 if os.name == "nt":
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python")
-    MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", base_path("../ports/windows/micropython.exe"))
+    MICROPYTHON = os.getenv(
+        "MICROPY_MICROPYTHON", base_path("../ports/windows/build-standard/micropython.exe")
+    )
     # mpy-cross is only needed if --via-mpy command-line arg is passed
-    MPYCROSS = os.getenv("MICROPY_MPYCROSS", base_path("../mpy-cross/mpy-cross.exe"))
+    MPYCROSS = os.getenv("MICROPY_MPYCROSS", base_path("../mpy-cross/build/mpy-cross.exe"))
 else:
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3")
     MICROPYTHON = os.getenv(
diff --git a/tools/gen-cpydiff.py b/tools/gen-cpydiff.py
index de69a94673..29545bad0b 100644
--- a/tools/gen-cpydiff.py
+++ b/tools/gen-cpydiff.py
@@ -38,7 +38,9 @@ from collections import namedtuple
 # to the correct executable.
 if os.name == "nt":
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3.exe")
-    MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", "../ports/windows/micropython.exe")
+    MICROPYTHON = os.getenv(
+        "MICROPY_MICROPYTHON", "../ports/windows/build-standard/micropython.exe"
+    )
 else:
     CPYTHON3 = os.getenv("MICROPY_CPYTHON3", "python3")
     MICROPYTHON = os.getenv("MICROPY_MICROPYTHON", "../ports/unix/build-standard/micropython")