diff --git a/.chronus/changes/fix-removed-reference-validation-2026-09-10.md b/.chronus/changes/fix-removed-reference-validation-2026-09-10.md
new file mode 100644
index 00000000000..09873dd7f17
--- /dev/null
+++ b/.chronus/changes/fix-removed-reference-validation-2026-09-10.md
@@ -0,0 +1,7 @@
+---
+changeKind: fix
+packages:
+  - "@typespec/versioning"
+---
+
+Report references that remain available after their target type is removed.
diff --git a/packages/versioning/src/validate.ts b/packages/versioning/src/validate.ts
index ae2bab1d07a..f55a29aa115 100644
--- a/packages/versioning/src/validate.ts
+++ b/packages/versioning/src/validate.ts
@@ -773,6 +773,24 @@ function findAvailabilityOnOrBeforeVersion(
   return undefined;
 }
 
+function isFirstUnavailableVersion(
+  version: string,
+  avail: Map<string, Availability>,
+): boolean {
+  let previous: Availability | undefined;
+  for (const [key, current] of avail) {
+    if (key === version) {
+      return (
+        [Availability.Removed, Availability.Unavailable].includes(current) &&
+        previous !== undefined &&
+        [Availability.Added, Availability.Available].includes(previous)
+      );
+    }
+    previous = current;
+  }
+  return false;
+}
+
 function validateAvailabilityForRef(
   program: Program,
   sourceAvail: Map<string, Availability> | undefined,
@@ -847,6 +865,23 @@ function validateAvailabilityForRef(
         codefixes: getVersionAdditionCodefixes(targetVersion, target, program),
       });
     }
+    if (
+      sourceVal === Availability.Available &&
+      isFirstUnavailableVersion(key, targetAvail) &&
+      findAvailabilityAfterVersion(key, Availability.Removed, sourceAvail) === undefined
+    ) {
+      reportDiagnostic(program, {
+        code: "incompatible-versioned-reference",
+        messageId: "doesNotExist",
+        format: {
+          sourceName: getTypeName(source),
+          targetName: getTypeName(target),
+          version: key,
+        },
+        target: source,
+        codefixes: getVersionRemovalCodeFixes(key, source, program),
+      });
+    }
     if (
       [Availability.Removed].includes(sourceVal) &&
       [Availability.Unavailable].includes(targetVal)
diff --git a/packages/versioning/test/incompatible-versioning.test.ts b/packages/versioning/test/incompatible-versioning.test.ts
index 51413b7ba7f..87504161903 100644
--- a/packages/versioning/test/incompatible-versioning.test.ts
+++ b/packages/versioning/test/incompatible-versioning.test.ts
@@ -314,6 +314,23 @@ describe("versioning: validate incompatible references", () => {
       });
     });
 
+    it("emit diagnostic when referenced type is removed while property remains available", async () => {
+      const diagnostics = await runner.diagnose(`
+        @removed(Versions.v2)
+        model Target {}
+
+        @added(Versions.v1)
+        model Source {
+          target: Target;
+        }
+      `);
+      expectDiagnostics(diagnostics, {
+        code: "@typespec/versioning/incompatible-versioned-reference",
+        message:
+          "'TestService.Source.target' is referencing type 'TestService.Target' which does not exist in version 'v2'.",
+      });
+    });
+
     it("emit diagnostic when using @typeChangedFrom with a type parameter that does not yet exist", async () => {
       const diagnostics = await runner.diagnose(`        
         @test
@@ -1002,6 +1019,37 @@ describe("versioning: validate incompatible references", () => {
       });
     });
 
+    it("emit diagnostic when dependency mapping skips the target removal version", async () => {
+      const diagnostics = await Tester.diagnose(`
+        @versioned(Versions)
+        namespace VersionedLib {
+          enum Versions {l1, l2, l3}
+          @removed(Versions.l2)
+          model Foo {}
+        }
+
+        @versioned(Versions)
+        namespace TestService {
+          enum Versions {
+            @useDependency(VersionedLib.Versions.l1)
+            v1,
+            @useDependency(VersionedLib.Versions.l3)
+            v2,
+            @useDependency(VersionedLib.Versions.l3)
+            v3
+          }
+
+          @added(Versions.v1)
+          op test(): VersionedLib.Foo;
+        }
+      `);
+      expectDiagnostics(diagnostics, {
+        code: "@typespec/versioning/incompatible-versioned-reference",
+        message:
+          "'TestService.test' is referencing type 'VersionedLib.Foo' which does not exist in version 'v2'.",
+      });
+    });
+
     it("doesn't emit diagnostic if all version use the same one", async () => {
       // Here Foo was added in v2 which makes it only available in 1 & 2.
       const diagnostics = await Tester.diagnose(`