diff --git a/django/utils/functional.py b/django/utils/functional.py
index c0d19093fcd..ee0a1953ddf 100644
--- a/django/utils/functional.py
+++ b/django/utils/functional.py
@@ -128,6 +128,11 @@ def lazy(func, *resultclasses):
             else:
                 return func(*self.__args, **self.__kw)
 
+        def __str__(self):
+            # object defines __str__(), so __prepare_class__() won't overload
+            # a __str__() method from the proxied class.
+            return str(self.__cast())
+
         def __ne__(self, other):
             if isinstance(other, Promise):
                 other = other.__cast()
diff --git a/tests/utils_tests/test_functional.py b/tests/utils_tests/test_functional.py
index 5f7687edf52..135e8da0ed3 100644
--- a/tests/utils_tests/test_functional.py
+++ b/tests/utils_tests/test_functional.py
@@ -1,5 +1,9 @@
+# -*- encoding: utf-8 -*-
+from __future__ import unicode_literals
+
 import unittest
 
+from django.utils import six
 from django.utils.functional import cached_property, lazy, lazy_property
 
 
@@ -54,6 +58,26 @@ class FunctionalTestCase(unittest.TestCase):
         self.assertRaises(NotImplementedError, lambda: A().do)
         self.assertEqual(B().do, 'DO IT')
 
+    def test_lazy_object_to_string(self):
+
+        class Klazz(object):
+            if six.PY3:
+                def __str__(self):
+                    return "Î am ā Ǩlâzz."
+
+                def __bytes__(self):
+                    return b"\xc3\x8e am \xc4\x81 binary \xc7\xa8l\xc3\xa2zz."
+            else:
+                def __unicode__(self):
+                    return "Î am ā Ǩlâzz."
+
+                def __str__(self):
+                    return b"\xc3\x8e am \xc4\x81 binary \xc7\xa8l\xc3\xa2zz."
+
+        t = lazy(lambda: Klazz(), Klazz)()
+        self.assertEqual(six.text_type(t), "Î am ā Ǩlâzz.")
+        self.assertEqual(six.binary_type(t), b"\xc3\x8e am \xc4\x81 binary \xc7\xa8l\xc3\xa2zz.")
+
     def test_cached_property(self):
         """
         Test that cached_property caches its value,