The metaclass property takes precedence over class attributes.

mypy/checkmember.py

@@ -1150,6 +1150,11 @@ def analyze_class_attribute_access(
     of E in the expression E.var, original_vars are type variables of the class callable
     (for generic classes).
     """
+
+    mcs_func_info = mcs_fallback.type.get_method(name)
+    if isinstance(mcs_func_info, Decorator) and mcs_func_info.var.is_property:
+        return analyze_decorator_or_funcbase_access(mcs_func_info, mcs_fallback, name, mx)
+
     info = itype.type
     if override_info:
         info = override_info

test-data/unit/check-classes.test

@@ -9850,3 +9850,31 @@ fs = [lambda df, x: df.foo, f]
 reveal_type(fs)  # N: Revealed type is "builtins.list[def (Any, Any) -> builtins.int | Any]"
 fs2 = [f, lambda df, x: df.foo]
 reveal_type(fs2)  # N: Revealed type is "builtins.list[def (Any, Any) -> builtins.int | Any]"
+
+[case testMetaclassProperty]
+class M(type):
+    @property
+    def f(cls) -> str:
+        return "1"
+
+    @property
+    def g(cls) -> str:
+        return "1"
+
+    def h(cls) -> str:
+        return "2"
+
+class A(metaclass=M):
+    @property
+    def f(self) -> str:
+        return type(self).f
+
+    g: int = 1
+
+reveal_type(A.f)  # N: Revealed type is "builtins.str"
+reveal_type(A().f)  # N: Revealed type is "builtins.str"
+reveal_type(A.g)  # N: Revealed type is "builtins.str"
+reveal_type(A().g)  # N: Revealed type is "builtins.int"
+reveal_type(A.h)  # N: Revealed type is "def () -> builtins.str"
+
+[builtins fixtures/property.pyi]