diff --git a/esphome/core/application.cpp b/esphome/core/application.cpp
index ca6c203b18..0281d12b0e 100644
--- a/esphome/core/application.cpp
+++ b/esphome/core/application.cpp
@@ -239,7 +239,9 @@ void Application::process_dump_config_() {
     esp_chip_info(&chip_info);
     ESP_LOGI(TAG, "ESP32 Chip: %s rev%d.%d, %d core(s)", ESPHOME_VARIANT, chip_info.revision / 100,
              chip_info.revision % 100, chip_info.cores);
+#if defined(USE_ESP32_VARIANT_ESP32) && (!defined(USE_ESP32_MIN_CHIP_REVISION_SET) || !defined(USE_ESP32_SRAM1_AS_IRAM))
     static const char *const ESP32_ADVANCED_PATH = "under esp32 > framework > advanced";
+#endif
 #if defined(USE_ESP32_VARIANT_ESP32) && !defined(USE_ESP32_MIN_CHIP_REVISION_SET)
     {
       // Suggest optimization for chips that don't need the PSRAM cache workaround