Allyl tetronates 1 thermally rearrange to stable 3-(spirocyclopropyl)dihydrofuran-2,4-diones 2 (R 3 = H, Aryl), which can be ring-opened with O-, N-, S-and C-nucleophiles to give 3-substituted tetronic acids 3−7. Compounds 2 with R 3 = Alkyl are not isolable, but are interceptable intermediates in formal [2,3]-sigmatropic rearrangements of allyl tetronates.