diff --git a/railties/CHANGELOG.md b/railties/CHANGELOG.md
index ba9b24c6c6..e75ccffe0a 100644
--- a/railties/CHANGELOG.md
+++ b/railties/CHANGELOG.md
@@ -1,5 +1,7 @@
 ## Rails 4.0.0 (unreleased) ##
 
+*   Don't eager-load app/assets and app/views *Elia Schito*
+
 *   Add `.rake` to list of file extensions included by `rake notes` and `rake notes:custom`. *Brent J. Nordquist*
 
 *   New test locations `test/models`, `test/helpers`, `test/controllers`, and
diff --git a/railties/lib/rails/paths.rb b/railties/lib/rails/paths.rb
index 8af4130e87..cfdb15a14e 100644
--- a/railties/lib/rails/paths.rb
+++ b/railties/lib/rails/paths.rb
@@ -99,14 +99,15 @@ module Rails
     protected
 
       def filter_by(constraint)
-        all = []
+        yes = []
+        no  = []
+
         all_paths.each do |path|
-          if path.send(constraint)
-            paths  = path.existent
-            paths -= path.children.map { |p| p.send(constraint) ? [] : p.existent }.flatten
-            all.concat(paths)
-          end
+          paths = path.existent + path.existent_base_paths
+          path.send(constraint) ? yes.concat(paths) : no.concat(paths)
         end
+
+        all = yes - no
         all.uniq!
         all
       end
@@ -134,6 +135,7 @@ module Rails
         keys.delete(@current)
         @root.values_at(*keys.sort)
       end
+      deprecate :children
 
       def first
         expanded.first
@@ -210,6 +212,10 @@ module Rails
         expanded.select { |d| File.directory?(d) }
       end
 
+      def existent_base_paths
+        map { |p| File.expand_path(p, @root.path) }.select{ |f| File.exist? f }
+      end
+
       alias to_a expanded
     end
   end
diff --git a/railties/test/application/paths_test.rb b/railties/test/application/paths_test.rb
index 4029984ce9..f85c284c25 100644
--- a/railties/test/application/paths_test.rb
+++ b/railties/test/application/paths_test.rb
@@ -59,6 +59,8 @@ module ApplicationTests
       assert eager_load.include?(root("app/controllers"))
       assert eager_load.include?(root("app/helpers"))
       assert eager_load.include?(root("app/models"))
+      assert !eager_load.include?(root("app/views")), "expected to not be in the eager_load_path"
+      assert !eager_load.include?(root("app/assets")), "expected to not be in the eager_load_path"
     end
 
     test "environments has a glob equal to the current environment" do
@@ -73,6 +75,7 @@ module ApplicationTests
       assert_in_load_path "vendor"
 
       assert_not_in_load_path "app", "views"
+      assert_not_in_load_path "app", "assets"
       assert_not_in_load_path "config"
       assert_not_in_load_path "config", "locales"
       assert_not_in_load_path "config", "environments"