Recyclable fluorous bifunctional organocatalyst‐promoted one‐pot reactions of 1,3‐dicarbonyl compounds, olefinic oxindoles, and formaldehyde through a Michael/aldol/cyclization sequence afford asymmetric dihydrofuranone and tetrahydropyranone spirooxindoles in 39–82 % yields with 3:1 to 6:1 dr and up to 99 % ee for the major diastereomers.