diff --git a/comms/py-esptool/Makefile b/comms/py-esptool/Makefile
index a67d81e16cf1..3d5d45c42872 100644
--- a/comms/py-esptool/Makefile
+++ b/comms/py-esptool/Makefile
@@ -1,57 +1,60 @@
 PORTNAME=	esptool
 DISTVERSIONPREFIX=	v
-DISTVERSION=	4.5
-PORTREVISION=	1
+DISTVERSION=	4.7.0
 CATEGORIES=	comms python
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	loader@FreeBSD.org
 COMMENT=	Utility to communicate with Espressif ESP8266 & ESP32 chips
 WWW=		https://github.com/espressif/esptool
 
 LICENSE=	GPLv2
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pyserial>=3.0:comms/py-pyserial@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}ecdsa>=0.16.0:security/py-ecdsa@${PY_FLAVOR}\
-		${PYTHON_PKGNAMEPREFIX}bitstring>=3.1.6,<4:devel/py-bitstring@${PY_FLAVOR}\
-		${PYTHON_PKGNAMEPREFIX}reedsolo>=1.5.3,<=1.6.0:devel/py-reedsolo@${PY_FLAVOR}
+		${PYTHON_PKGNAMEPREFIX}ecdsa>=0.16.0:security/py-ecdsa@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}bitstring>=3.1.6:devel/py-bitstring@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}reedsolo>=1.5.3,<1.8:devel/py-reedsolo@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}yaml>=5.1:devel/py-yaml@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}intelhex>0:devel/py-intelhex@${PY_FLAVOR}
 TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pyelftools>0:devel/py-pyelftools@${PY_FLAVOR}
 
 USES=		python
 USE_GITHUB=	yes
 USE_PYTHON=	autoplist concurrent cryptography distutils pytest
 
 GH_ACCOUNT=	espressif
 NO_ARCH=	yes
 
 # test/test_espefuse_host.py calls the python command
 # through subprocess Popen(), create an alias for it.
 BINARY_ALIAS=		python=${PYTHON_CMD}
 TEST_ENV=		${MAKE_ENV} PYTHONPATH=${STAGEDIR}${PYTHONPREFIX_SITELIBDIR}
+TEST_ENV+=		CRYPTOGRAPHY_OPENSSL_NO_LEGACY=1
 
 ESPTOOL_BAUDRATE?=	115200
 ESPTOOL_CHIP?=		esp8266
 ESPTOOL_SERIALPORT?=	/dev/ttyU0
 
 do-test:
 	@cd ${TEST_WRKSRC} && for test in \
 		test/test_imagegen.py \
 		test/test_espsecure.py \
 		test/test_merge_bin.py \
 		test/test_image_info.py \
 		test/test_modules.py; \
 		do ${SETENV} ${TEST_ENV} ${PYTHON_CMD} -m pytest $${test}; done
 	@cd ${TEST_WRKSRC} && for chip in \
-		esp32 esp32c2 esp32c3 esp32s2 esp32s3 esp32s3beta2 esp32h2beta1 esp32c6; \
+		esp32 esp32c2 esp32c3 esp32s2 esp32s3 esp32s3beta2 esp32h2beta1 esp32c6 \
+		esp32h2 esp32p4; \
 		do ${SETENV} ${TEST_ENV} ${PYTHON_CMD} -m pytest \
 		test/test_espefuse.py --chip $${chip}; done
 .if exists(${ESPTOOL_SERIALPORT})
 	@cd ${TEST_WRKSRC} && ${SETENV} ${TEST_ENV} \
 		${PYTHON_CMD} -m pytest test/test_esptool.py \
 		--port ${ESPTOOL_SERIALPORT} \
 		--chip ${ESPTOOL_CHIP} \
 		--baud ${ESPTOOL_BAUDRATE}
 .endif
 
 .include <bsd.port.mk>
diff --git a/comms/py-esptool/distinfo b/comms/py-esptool/distinfo
index c1e6a17566c5..404dd086d67b 100644
--- a/comms/py-esptool/distinfo
+++ b/comms/py-esptool/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1676534351
-SHA256 (espressif-esptool-v4.5_GH0.tar.gz) = 593cf6f5c7b330a1dac0b708f77e3021d00c379bde3f4125ddd7fc65a3c31853
-SIZE (espressif-esptool-v4.5_GH0.tar.gz) = 7263652
+TIMESTAMP = 1713664469
+SHA256 (espressif-esptool-v4.7.0_GH0.tar.gz) = da68c175e4ae3fd9d87469b7ef1b8429cd84a8f8a2d22c96273640d329e68c1d
+SIZE (espressif-esptool-v4.7.0_GH0.tar.gz) = 7045501