Allene towards efficiency: Two new rings, six stereocentres and four CC bonds are generated in synthetically useful yields by double dehydro‐Diels–Alder reactions of readily available 1,5‐dien‐3‐ynes and alkenic dienophiles. Computational studies support a mechanism for this often highly stereoselective process involving two concerted cycloaddition events and a 1,2‐cyclohexadiene intermediate (see scheme).