The dynamic manipulation of the properties of soft matter can lead to adaptive functional materials that can be used in advanced applications. Here we report on a new chiral dopant, built on an isosorbide scaffold attached to two bistable hydrazone-based light switches that can be used to control the self-assembly, and hence photophysical properties, of nematic liquid crystals (LCs). The bistability of the switch allows kinetic trapping of various helical assemblies as a function of the photostationary states, resulting in the reflection of different wavelengths of light. Surprisingly, doping 5CB with the chiral switch, followed by irradiation with blue light, triggers an isothermal phase change from the helical cholesteric phase to the untwisted lamellar smectic A* phase. This transition was used to modulate the transparency of a LC film, resulting in a light-gated optical window.