| Event: | Women's 1500 metres |
| Games: | 1986 Asian Winter Games |
| Venue: | Makomanai Open Stadium |
| Dates: | 2 March 1986 |
| Competitors: | 15 |
| Nations: | 4 |
| Gold: | Seiko Hashimoto |
| Goldnoc: | JPN |
| Silver: | Wang Xiuli |
| Silvernoc: | CHN |
| Bronze: | Ye Qiaobo |
| Bronzenoc: | CHN |
| Next: | 1990 |
See main article: Speed skating at the 1986 Asian Winter Games. The women's 1500 metres at the 1986 Asian Winter Games was held on 2 March 1986 in Sapporo, Japan.
| width=40 | Rank | width=250 | Athlete | width=80 | Time | width=50 | Notes |
|---|---|---|---|---|---|---|---|
| 2:10.43 | |||||||
| 2:11.62 | |||||||
| 2:14.02 | |||||||
| 4 | 2:15.02 | ||||||
| 5 | 2:15.09 | ||||||
| 6 | 2:15.21 | ||||||
| 7 | 2:16.09 | ||||||
| 8 | 2:16.48 | ||||||
| 9 | 2:16.81 | ||||||
| 10 | 2:18.34 | ||||||
| 11 | 2:18.49 | ||||||
| 12 | 2:18.67 | ||||||
| 13 | 2:21.99 | ||||||
| 14 | 2:24.10 | ||||||
| 15 | 2:24.17 |