In the search for multifunctional molecular materials, we designed an enantiopure pair of FeII complexes with chiral, chelating (R)/(S)‐4,5‐pinenepyridyl‐2‐pyrazine ligands exhibiting three inherent physical properties: chirality, spin crossover, and dielectric switching. The geometrical change resulted in coupling of the spin‐crossover transition at 187 K to dielectric switching. Both compounds were found to display light‐induced spin crossover that was thermally unstable above ca. 40 K. The coupling of two hysteretic properties, electric and magnetic, renders these compounds as potential switching devices.