diff --git a/intl/msg_hash_us.h b/intl/msg_hash_us.h
index 97244ed523..a8a92051b6 100644
--- a/intl/msg_hash_us.h
+++ b/intl/msg_hash_us.h
@@ -9464,11 +9464,11 @@ MSG_HASH(
    )
 MSG_HASH(
    MENU_ENUM_LABEL_VALUE_CORE_OPTIONS_RESET,
-   "Reset Options"
+   "Reset Core Options"
    )
 MSG_HASH(
    MENU_ENUM_SUBLABEL_CORE_OPTIONS_RESET,
-   "Set all core options to default values."
+   "Set all options of the current core to default values."
    )
 MSG_HASH(
    MENU_ENUM_LABEL_VALUE_CORE_OPTIONS_FLUSH,
diff --git a/menu/cbs/menu_cbs_ok.c b/menu/cbs/menu_cbs_ok.c
index 153fe136b2..99a5f25b25 100644
--- a/menu/cbs/menu_cbs_ok.c
+++ b/menu/cbs/menu_cbs_ok.c
@@ -5655,7 +5655,7 @@ static int action_ok_folder_specific_core_options_remove(const char *path,
 static int action_ok_core_options_reset(const char *path,
       const char *label, unsigned type, size_t idx, size_t entry_idx)
 {
-   core_options_reset();
+   core_options_reset(label);
    return 0;
 }
 
diff --git a/menu/menu_displaylist.c b/menu/menu_displaylist.c
index d97ba41164..01c7cf6fae 100644
--- a/menu/menu_displaylist.c
+++ b/menu/menu_displaylist.c
@@ -1021,6 +1021,14 @@ end:
                      MENU_SETTING_ACTION_CORE_DELETE, 0, 0, NULL))
                count++;
 #endif
+
+         /* Reset core options */
+         if (menu_entries_append(list,
+               msg_hash_to_str(MENU_ENUM_LABEL_VALUE_CORE_OPTIONS_RESET),
+               core_info->core_name,
+               MENU_ENUM_LABEL_CORE_OPTIONS_RESET,
+               MENU_SETTING_ACTION_CORE_OPTIONS_RESET, 0, 0, NULL))
+            count++;
       }
 #endif
    }
@@ -1471,7 +1479,7 @@ end:
       /* Reset core options */
       if (menu_entries_append(list,
             msg_hash_to_str(MENU_ENUM_LABEL_VALUE_CORE_OPTIONS_RESET),
-            msg_hash_to_str(MENU_ENUM_LABEL_CORE_OPTIONS_RESET),
+            "",
             MENU_ENUM_LABEL_CORE_OPTIONS_RESET,
             MENU_SETTING_ACTION_CORE_OPTIONS_RESET, 0, 0, NULL))
          count++;
@@ -11317,6 +11325,13 @@ unsigned menu_displaylist_build_list(
                         false) == 0)
                   count++;
             }
+            /* Reset core options */
+            if (!settings->bools.global_core_options && menu_entries_append(list,
+                  msg_hash_to_str(MENU_ENUM_LABEL_VALUE_CORE_OPTIONS_RESET),
+                  "",
+                  MENU_ENUM_LABEL_CORE_OPTIONS_RESET,
+                  MENU_SETTING_ACTION_CORE_OPTIONS_RESET, 0, 0, NULL))
+               count++;
          }
          break;
       case DISPLAYLIST_DIRECTORY_SETTINGS_LIST:
diff --git a/retroarch.h b/retroarch.h
index 40627a094f..9efcfe1809 100644
--- a/retroarch.h
+++ b/retroarch.h
@@ -195,7 +195,7 @@ void retroarch_init_task_queue(void);
 /* Creates folder and core options stub file for subsequent runs */
 bool core_options_create_override(bool game_specific);
 bool core_options_remove_override(bool game_specific);
-void core_options_reset(void);
+void core_options_reset(const char *label);
 void core_options_flush(void);
 
 /**
diff --git a/runloop.c b/runloop.c
index 3d0ea1ce21..55313076f0 100644
--- a/runloop.c
+++ b/runloop.c
@@ -5141,25 +5141,72 @@ error:
    return false;
 }
 
-void core_options_reset(void)
+void core_options_reset(const char* label)
 {
    size_t i;
    runloop_state_t *runloop_st     = &runloop_state;
    core_option_manager_t *coreopts = runloop_st->core_options;
 
-   /* If there are no core options, there
-    * is nothing to do */
-   if (!coreopts || (coreopts->size < 1))
+   /* If there are no loaded core options, or the menu entry
+    * was indicating a reset for a specific core instead,
+    * do a "cold reset" (deletion of options file) */
+   if (!coreopts || !string_is_empty(label))
+   {
+      settings_t *settings             = config_get_ptr();
+      const char *core_name            = label;
+      char per_core_options_path[PATH_MAX_LENGTH];
+
+      RARCH_DBG("[Core]: Core options cold reset, label from menu entry \"%s\", loaded core \"%s\".\n",
+                label, runloop_st->system.info.library_name);
+
+      if (string_is_empty(label))
+         core_name = runloop_st->system.info.library_name;
+
+      if (settings->bools.global_core_options)
+      {
+         RARCH_WARN("[Core]: Core options cold reset is not supported when global core options are used, deletion skipped.\n");
+         return;
+      }
+
+      /* Get current options file path */
+      per_core_options_path[0]      = '\0';
+      validate_per_core_options(
+            per_core_options_path, sizeof(per_core_options_path), true,
+            core_name, core_name);
+
+      if (string_is_empty(per_core_options_path))
+      {
+         RARCH_ERR("[Core]: Core options file could not be located, deletion skipped.\n");
+         return;
+      }
+      /* Remove current options file, if possible */
+      if (path_is_valid(per_core_options_path))
+      {
+         RARCH_WARN("[Core]: Deleting core options file: \"%s\".\n", per_core_options_path);
+         filestream_delete(per_core_options_path);
+      }
+      else
+      {
+         RARCH_ERR("[Core]: Core options file path is not valid, deletion skipped: \"%s\".\n", per_core_options_path);
+         return;
+      }
+   }
+   else if (coreopts->size < 1)
+   {
+      RARCH_WARN("[Core]: Core options reset invoked but there are no options.\n");
       return;
+   }
+   else
+   {
+      for (i = 0; i < coreopts->size; i++)
+         coreopts->opts[i].index = coreopts->opts[i].default_index;
 
-   for (i = 0; i < coreopts->size; i++)
-      coreopts->opts[i].index = coreopts->opts[i].default_index;
-
-   coreopts->updated = true;
+      coreopts->updated = true;
 
 #ifdef HAVE_CHEEVOS
-   rcheevos_validate_config_settings();
+      rcheevos_validate_config_settings();
 #endif
+   }
 
    {
       const char *_msg = msg_hash_to_str(MSG_CORE_OPTIONS_RESET);