A three‐component reaction of 1,3‐diketones with H2O2 and alcohols was discovered. 3,5‐Dialkoxy‐1,2‐dioxolanes are formed in yields ranging from 13% to 83% using an excess of acids such as H2SO4, MeHSO3, p‐TsOH⋅H2O or BF3⋅Et2O. This reaction proceeds with the formation of 3,5‐dialkoxy‐1,2‐dioxolanes despite the diversity of possible reaction pathways leading to different types of peroxides, oligomers, polymers or hydrolysis. 3,5‐Dimethoxy‐1,2‐dioxolanes exhibit high activity against phytopathogenic fungi.