Building on our earlier report of a single-molecule probe,(1) we show how biologically important redox centers, nicotinamide and quinone, incorporated into a fluorophore-spacer-receptor molecular structure, form redox active molecular switches, with the photoinduced electron-transfer behavior of each depending on the oxidation state of the receptor subunit. The switch based on nicotinamide (3/6) is strongly fluorescent in its oxidized state (Phi(F) approximate to 1.0) but nonfluorescent in the reduced state (Phi(F) < 0.001) due to electron transfer from the reduced mcotinamide to the photoexcited fluorophore. The fluorescence can be reversibly switched off and on chemically by Successive reduction with NaBH3CN and oxidation with tetrachlorobenzoquinone and switched electrochemically over 10 cycles without significant degradation. A similar switch based on quinommine turned out to be nonfluorescent in both reduced and oxidized states: in addition to a similar quenching mechanism in the reduced state, quenching also occurs in the oxidized state, due to electron transfer from the fluorophore to the receptor. Ab initio quantum chemical calculations of orbital energy levels were used to corroborate these quenching mechanisms. Calculations predicted photoinduced electron transfer to be energetically favorable in all cases where quenching was observed and unfavorable in all cases where it was not. Application of the perylene analogue as a biosensor has also been demonstrated by coupling the switch to the catalytic pathway of yeast alcohol dehydrogenase, a common NADH/NAD(+)-utilizing enzyme.