The synthesis of new derivatives of 3‐(3‐arylprop‐2‐ynyl)dihydrofuran‐2(3H)‐ones by Sonogashira reactions and their screening as potent and selective inhibitors of b‐TNAP is reported. Although a few derivatives exhibited non‐selective inhibition of c‐IAP, most of the derivatives were found to be potent and selective inhibitors of b‐TNAP. The selective and potent inhibitors of b‐TNAP might be useful for the treatment of vascular calcification. Among the derivatives studied, one compound was identified as the most potent inhibitor of b‐TNAP with a high inhibitory value, exhibiting a 6 fold more selective activity towards b‐TNAP as compared to c‐IAP. The higher inhibitory activity of this compound towards b‐TNAP is caused by the presence of two furan rings. Similarly, another derivative, having a furan ring, exhibited a lower inhibitory potential towards b‐TNAP, but this compound was found to be the most potent inhibitor of c‐IAP. Furthermore, molecular docking studies of these potent compounds were carried out to see the possible binding modes of potent inhibitors inside the active pocket of respective enzyme.