diff --git a/crates/uv/src/commands/project/mod.rs b/crates/uv/src/commands/project/mod.rs
index cfe469c6bad9..735e92423ec2 100644
--- a/crates/uv/src/commands/project/mod.rs
+++ b/crates/uv/src/commands/project/mod.rs
@@ -207,7 +207,7 @@ impl FoundInterpreter {
         let reporter = PythonDownloadReporter::single(printer);
 
         // Locate the Python interpreter to use in the environment
-        let interpreter = PythonInstallation::find_or_fetch(
+        let python = PythonInstallation::find_or_fetch(
             python_request,
             EnvironmentPreference::OnlySystem,
             python_preference,
@@ -216,15 +216,25 @@ impl FoundInterpreter {
             cache,
             Some(&reporter),
         )
-        .await?
-        .into_interpreter();
-
-        writeln!(
-            printer.stderr(),
-            "Using Python {} interpreter at: {}",
-            interpreter.python_version(),
-            interpreter.sys_executable().user_display().cyan()
-        )?;
+        .await?;
+
+        let managed = python.source().is_managed();
+        let interpreter = python.into_interpreter();
+
+        if managed {
+            writeln!(
+                printer.stderr(),
+                "Using Python {}",
+                interpreter.python_version().cyan()
+            )?;
+        } else {
+            writeln!(
+                printer.stderr(),
+                "Using Python {} interpreter at: {}",
+                interpreter.python_version(),
+                interpreter.sys_executable().user_display().cyan()
+            )?;
+        }
 
         if let Some(requires_python) = requires_python.as_ref() {
             if !requires_python.contains(interpreter.python_version()) {