A highly stereoselective total synthesis of the β‐lactam inhibitor of several therapeutically important enzymes, (‐)‐ebelactone A (1) is described. The salient features of this synthesis include desymmetrization of bicyclic symmetric olefin with Brown's asymmetric hydroboration, Wittig olefination, Evans′ alkylation, Sharpless asymmetric epoxidation, Gillman's reaction, TEMPO‐BAIB mediated selective oxidation of 1,3‐diol and Adam's β‐lactonization.