Two complementary dipyrromethane + dipyrromethanemonocarbinol routes to a meso-substituted 5-isocorrole were investigated. While both routes could afford the identical 5-isocorrole, self-condensation of the different dipyrromethanemonocarbinol precursors could potentially lead to a second porphyrinoid of different structure (a porphyrin or a porphodimethene). The two reaction routes were examined to compare the distribution of porphyrinoid products, probe the effect of key reaction parameters on the product distribution, and identify conditions for the efficient preparation of the 5-isocorrole so that its spectral properties and stability toward light and air could be assessed. For each route, a systematic survey of reaction parameters was performed via analytical-scale reactions monitored for the yields of the 5-isocorrole and self-condensation product by HPLC. The two reaction routes were found to afford very different product distributions in accordance with the anticipated nucleophilicity of the dipyrromethane and dipyrromethanemonocarbinol precursors. The most promising reaction condition (InCl(3), 0.32 mM) was performed on a preparative-scale providing the 5-isocorrole in an isolated yield of 31% (102 mg). Spectroscopic analysis was consistent with the 5-isocorrole structure. The stability of the 5-isocorrole in dilute solution upon exposure to light and air was assessed by UV-vis spectroscopy and HPLC and was found to be excellent.