diff --git a/drivers/ethernet/eth_lan9250.c b/drivers/ethernet/eth_lan9250.c
index f16e2eaac94e1..7e80df6d627e9 100644
--- a/drivers/ethernet/eth_lan9250.c
+++ b/drivers/ethernet/eth_lan9250.c
@@ -15,6 +15,7 @@
 #include <zephyr/net/net_pkt.h>
 #include <zephyr/net/net_if.h>
 #include <zephyr/net/ethernet.h>
+#include <zephyr/random/random.h>
 #include <ethernet/eth_stats.h>
 
 #include "eth_lan9250_priv.h"
@@ -678,17 +679,48 @@ static int lan9250_init(const struct device *dev)
 		return -EINVAL;
 	}
 
-	if (gpio_pin_configure_dt(&config->interrupt, GPIO_INPUT)) {
+	ret = gpio_pin_configure_dt(&config->interrupt, GPIO_INPUT);
+	if (ret < 0) {
 		LOG_ERR("Unable to configure GPIO pin %u", config->interrupt.pin);
-		return -EINVAL;
+		return ret;
 	}
 
-	gpio_init_callback(&(context->gpio_cb), lan9250_gpio_callback, BIT(config->interrupt.pin));
-	if (gpio_add_callback(config->interrupt.port, &(context->gpio_cb))) {
-		return -EINVAL;
+	gpio_init_callback(&(context->gpio_cb), lan9250_gpio_callback,
+			   BIT(config->interrupt.pin));
+	ret = gpio_add_callback(config->interrupt.port, &context->gpio_cb);
+	if (ret < 0) {
+		return ret;
 	}
 
-	gpio_pin_interrupt_configure_dt(&config->interrupt, GPIO_INT_EDGE_TO_ACTIVE);
+	ret = gpio_pin_interrupt_configure_dt(&config->interrupt,
+					      GPIO_INT_EDGE_TO_ACTIVE);
+	if (ret < 0) {
+		LOG_ERR("Unable to enable GPIO INT %u", config->interrupt.pin);
+		return ret;
+	}
+
+	if (config->reset.port != NULL) {
+		if (!gpio_is_ready_dt(&config->reset)) {
+			LOG_ERR("GPIO port %s not ready", config->reset.port->name);
+			return -EINVAL;
+		}
+
+		ret = gpio_pin_configure_dt(&config->reset, GPIO_OUTPUT);
+		if (ret < 0) {
+			LOG_ERR("Unable to configure GPIO pin %u", config->reset.pin);
+			return ret;
+		}
+
+		/* See Section 19.6.3 from the LAN9250 Data Sheet
+		 *
+		 * trstia is 200 microseconds min (use 250 us)
+		 * tcfg is 15 milliseconds min (use 20 ms for after reset)
+		 */
+		gpio_pin_set_dt(&config->reset, 1);
+		k_usleep(250);
+		gpio_pin_set_dt(&config->reset, 0);
+		k_msleep(20);
+	}
 
 	/* Reset and wait for ready on the LAN9250 SPI device */
 	ret = lan9250_sw_reset(dev);
@@ -697,6 +729,14 @@ static int lan9250_init(const struct device *dev)
 		return ret;
 	}
 	lan9250_configure(dev);
+
+	/* use a random MAC address if requested in the device tree */
+	if (config->random_mac) {
+		sys_rand_get(context->mac_address, sizeof(context->mac_address));
+		/* locally administered, unicast address */
+		context->mac_address[0] &= ~(BIT(0) | BIT(2) | BIT(3));
+		context->mac_address[0] |= BIT(1);
+	}
 	lan9250_set_macaddr(dev);
 
 	k_thread_create(&context->thread, context->thread_stack,
@@ -718,7 +758,9 @@ static int lan9250_init(const struct device *dev)
 	static const struct lan9250_config lan9250_##inst##_config = {                             \
 		.spi = SPI_DT_SPEC_INST_GET(inst, SPI_WORD_SET(8)),                                \
 		.interrupt = GPIO_DT_SPEC_INST_GET(inst, int_gpios),                               \
+		.reset = GPIO_DT_SPEC_INST_GET_OR(inst, reset_gpios, {0}),                         \
 		.timeout = CONFIG_ETH_LAN9250_BUF_ALLOC_TIMEOUT,                                   \
+		.random_mac = DT_INST_PROP(inst, zephyr_random_mac_address),                       \
 	};                                                                                         \
                                                                                                    \
 	ETH_NET_DEVICE_DT_INST_DEFINE(inst, lan9250_init, NULL, &lan9250_##inst##_runtime,         \
diff --git a/drivers/ethernet/eth_lan9250_priv.h b/drivers/ethernet/eth_lan9250_priv.h
index b6379216bdf3e..58668853ebe09 100644
--- a/drivers/ethernet/eth_lan9250_priv.h
+++ b/drivers/ethernet/eth_lan9250_priv.h
@@ -312,6 +312,7 @@ struct lan9250_config {
 	struct gpio_dt_spec reset;
 	uint8_t full_duplex;
 	int32_t timeout;
+	bool random_mac;
 };
 
 struct lan9250_runtime {