Exhumed serpentinites are fragments of ancient oceanic lithosphere or mantle wedge that record deep fluid‐rock interactions and metasomatic processes. While common in suture zones after closure of ocean basins, in non‐collisional orogens their origin and tectonic significance are not fully understood. We study serpentinite samples from five river basins in a segment of the non‐collisional Andean orogen in Ecuador (Cordillera Real). All samples are fully serpentinized with antigorite as the main polymorph, while spinel is the only relic phase. Watershed delineation analysis and in‐situ B isotope data suggest four serpentinite sources, linked to mantle wedge (δ11B = ∼−10.6 to −0.03‰) and obducted ophiolite (δ11B = −2.51 to +5.73‰) bodies, likely associated with Triassic, Jurassic‐Early Cretaceous, and potentially Late Cretaceous‐Paleocene high‐pressure (HP)–low‐temperature metamorphic sequences. Whole‐rock trace element data and in‐situ B isotopes favor serpentinization by a crust‐derived metamorphic fluid. Thermodynamic modeling in two samples suggests serpentinization at ∼550–500°C and pressures from 2.5 to 2.2 GPa and 1.0–0.6 GPa for two localities. Both samples record a subsequent overprint at ∼1.5–0.5 GPa and 680–660°C. In the Andes, regional phases of slab rollback have been reported since the mid‐Paleozoic to Late Cretaceous. This tectonic scenario favors the extrusion of HP rocks into the forearc and the opening of back‐arc basins. Subsequent compressional phases trigger short‐lived subduction in the back‐arc that culminates with ophiolite obduction and associated metamorphic rock exhumation. Thus, we propose that serpentinites in non‐collisional orogens are sourced from extruded slivers of mantle wedge in the forearc or obducted ophiolite sequences associated with regional back‐arc basins.