The development of new magnetic refrigerants demands an effective investigation of materials with a large magnetocaloric effect in a wide temperature range. Herein, we report on the structural, magnetic, and magnetocaloric properties of the two-site disordered double perovskite GdSrCoFeO 6 prepared by the modified solid-state synthesis method. Temperature-dependent synchrotron X-ray diffraction analysis revealed that GdSrCoFeO 6 crystallizes in the orthorhombic phase (Pnma), with Gd 3+ /Sr 2+ and Co 2+/3+ /Fe 3+/4+ ions randomly distributed on the A-and B-sites, respectively. An observed lattice parameter anomaly around 60 K indicates the occurrence of the magnetoelastic coupling, which coincides with the presence of ferro/ferrimagnetic (FM/FiM) ordering below T C ≈ 65 K from the magnetic measurements. These results match well with our first-principles calculation prediction of low-temperature magnetic (FM/FiM) and electronic (insulating/metal) transitions related to a combined effect of Co and Fe shortand long-range competitions, crossings of spin state at Co ions, and the hybridization degree between Gd-4f and Co-3d states. Additionally, a modified Arrott plot and Kouvel−Fisher analysis were used to establish the nature of the magnetic phase transition in GdSrCoFeO 6 , yielding the critical exponent β = 1.46(6)/1.45(6), γ = 1.48(5)/1.17(2), and δ = 2.01(3)/1.80(5), respectively. The specific heat analysis reveals two well-defined broad peaks (∼10 and ∼70 K), which match well with a Schottky anomaly (Gd-4f) and the magnetic transition of FM/FiM to paramagnetic order, respectively. The magnetocaloric effect (MCE) analysis reveals a maximum magnetic entropy change ΔS M max ≈ 13 J kg −1 K −1 (at ∼8 K) under a field of 0−7 T. These results evidence that the Schottky anomaly and the magnetoelastic coupling seem to be key factors for driving further enhancements to the MCE in GdSrCoFeO 6 , making it a possible candidate for cryogenic applications.