Organic nanoparticles of 1,3-diphenyl-5-(2-anthryl)-2-pyrazoline (DAP) ranging in average diameters from 40 to 160 nm were prepared through the reprecipitation method. The average diameters of the particles were controlled by variation of the aging time. We found that DAP nanoparticles exhibit the size-dependent optical properties. The absorption transitions of the nanoparticles at the lower-energy side experience a bathochromic shift with an increase in the particle size as a result of the increased intermolecular interactions, while the higher-energy bands of anthracene split possibly due to the electronic coupling between the pyrazoline ring of one molecule and the anthracene moiety of the neighboring molecule. Most interestingly, the nanoparticle emission in the blue light region from pyrazoline chromophore shifts to shorter wavelengths with an increase in the particle size, accompanied with a relatively gradual dominance of the emission at about 540 nm from an exciplex between the pyrazoline ring of one molecule and the anthracene moiety of the neighboring molecule. The hypsochromic shift in the emission of DAP nanoparticles was identified as originating from the pronounced decrease in the Stokes shift due to the restraint of vibronic relaxation and the configuration reorganization induced by the increased intermolecular interaction.