diff --git a/context.go b/context.go
index ca86495b74..9d49c6f724 100644
--- a/context.go
+++ b/context.go
@@ -34,11 +34,13 @@ func NewContext() (*Ctx, error) {
 	wd = filepath.FromSlash(wd)
 	ctx := &Ctx{}
 
+	gopathFound := false
 	for _, gp := range filepath.SplitList(buildContext.GOPATH) {
 		gp = filepath.FromSlash(gp)
 
-		if filepath.HasPrefix(wd, gp) {
+		if !gopathFound && filepath.HasPrefix(wd, gp) {
 			ctx.GOPATH = gp
+			gopathFound = true
 		}
 
 		ctx.GOPATHS = append(ctx.GOPATHS, gp)
diff --git a/context_test.go b/context_test.go
index 699a5c6804..1473a765ff 100644
--- a/context_test.go
+++ b/context_test.go
@@ -5,11 +5,13 @@
 package dep
 
 import (
+	"go/build"
 	"os"
 	"path/filepath"
 	"runtime"
 	"strings"
 	"testing"
+	"fmt"
 	"unicode"
 
 	"github.com/golang/dep/test"
@@ -33,6 +35,26 @@ func TestNewContextNoGOPATH(t *testing.T) {
 	}
 }
 
+func TestMultipleGopaths(t *testing.T) {
+	h := test.NewHelper(t)
+	defer h.Cleanup()
+
+	gp1 := "go/foo_new"
+	gp2 := "go/foo"
+
+	project := filepath.Join(gp1, "src/bar")
+	h.TempDir(project)
+	h.TempDir(gp2)
+	h.Cd(h.Path(project))
+
+	build.Default.GOPATH = fmt.Sprintf("%s:%s", h.Path(gp1), h.Path(gp2))
+	c, err := NewContext()
+	h.Must(err)
+	if c.GOPATH != h.Path(gp1) {
+		t.Fatalf("Incorrect GOPATH detected. Expected '%s', got '%s'", h.Path(gp1), c.GOPATH)
+	}
+}
+
 func TestSplitAbsoluteProjectRoot(t *testing.T) {
 	h := test.NewHelper(t)
 	defer h.Cleanup()