We present the first ever discovery of a short-period and unusually helium-deficient dwarf nova KSP-OT-201701a by the Korea Microlensing Telescope Network Supernova Program. The source shows three superoutbursts, each led by a precursor outburst, and several normal outbursts in BVI during the span of ~2.6yr with supercycle and normal cycle lengths of about 360 and 76 days, respectively. Spectroscopic observations near the end of a superoutburst reveal the presence of strong double-peaked HI emission lines together with weak HeI emission lines. The helium-to-hydrogen intensity ratios measured by HeI{lambda}5876 and H{alpha} lines are 0.10+/-0.01 at a quiescent phase and 0.26+/-0.04 at an outburst phase, similar to the ratios found in long- period dwarf novae, while significantly lower than those in helium cataclysmic variables (He CVs). Its orbital period of 51.91+/-2.50 minutes, which is estimated based on time-series spectroscopy, is a bit shorter than the superhump period of 56.52+/-0.19 minutes, as expected from the gravitational interaction between the eccentric disk and the secondary star. We measure its mass ratio to be 0.37_-0.21_^+0.32^ using the superhump period excess of 0.089+/-0.053. The short orbital period, which is under the period minimum, the unusual helium deficiency, and the large mass ratio suggest that KSP-OT-201701a is a transition object evolving to an He CV from a long-period dwarf nova with an evolved secondary star.