The discovery that 1,4‐dihydropyridine class of calcium channel antagonists inhibit Ca2+ influx represented a major therapeutic advance in the treatment of cardiovascular disease. In contrast to the effects of known calcium channel blockers of the Nifedipine‐type, the so‐called calcium channel agonists, such as Bay K8644 and CGP 28392, increase calcium influx by binding at the same receptor regions. Our goal was to discover a dual cardioselective Ca2+‐channel agonist/vascular selective smooth muscle Ca2+ channel antagonist third‐generation 1,4‐dihydropyridine drug which would have a suitable therapeutic profile for treating congestive heart failure (CHF) patients. A series of unsymmetrical alkyl, cycloalkyl and aryl ester analogues of 2‐methyl‐4‐(1‐methyl)‐5‐nitro‐2‐imidazolyl‐5‐oxo‐1,4,5,6,7, 8‐hexahydroquinolin‐3‐arboxylate were synthesized using modified Hantzsch reaction. All compounds show calcium antagonist activity on guinea‐pig ileum longitudinal smooth muscle and some of them show agonist effect activity on guinea‐pig auricle. Effect of structural parameters on the Ca2+ channel agonist/antagonist was evaluated by quantitative structure‐activity relationship analysis. These compounds could be considered as a synthon for developing a suitable drug for treating CHF patients.