diff --git a/CMakeLists.txt b/CMakeLists.txt
index 5bd9348cb57e..c2b73040bc4d 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1109,10 +1109,10 @@ set_ifndef(  TOPT "${COMPILER_TOPT}")
 set_ifndef(  TOPT -Wl,-T) # Use this if the compiler driver doesn't set a value
 
 if(CONFIG_HAVE_CUSTOM_LINKER_SCRIPT)
-  set(LINKER_SCRIPT ${APPLICATION_SOURCE_DIR}/${CONFIG_CUSTOM_LINKER_SCRIPT})
+  string(CONFIGURE ${APPLICATION_SOURCE_DIR}/${CONFIG_CUSTOM_LINKER_SCRIPT} LINKER_SCRIPT)
   if(NOT EXISTS ${LINKER_SCRIPT})
-    set(LINKER_SCRIPT ${CONFIG_CUSTOM_LINKER_SCRIPT})
-    assert_exists(CONFIG_CUSTOM_LINKER_SCRIPT)
+    string(CONFIGURE ${CONFIG_CUSTOM_LINKER_SCRIPT} LINKER_SCRIPT)
+    assert_exists(LINKER_SCRIPT)
   endif()
 elseif(DEFINED BOARD_LINKER_SCRIPT)
   set(LINKER_SCRIPT ${BOARD_LINKER_SCRIPT})