Over the past few years, light‐emitting diodes (LEDs) have emerged as an efficient replacement for standard incandescent and fluorescent lamps, due to their superior efficiency, energy conservation, service longevity, reliability, and affordability. However, identifying a red emitter for white LEDs has presented significant challenges. This study seeks to synthesize and analyze a novel red emitter, investigating its potential use in white LEDs and indoor plant growth lighting. The Sr2Lu(Nb,Mn)O6 is manufactured employing the traditional high‐temperature solid‐phase method. The internal and external quantum efficiencies (IQE and EQE) of double perovskites reached 32.39% and 21.67%. The g value calculates to 2.146, which corroborates that the magnetic dipolar transitions of Mn4+ ions inhabit symmetric octahedral sites. First‐principles investigations are utilized to unveil local electronic structures. Emission spectra reveal a substantial broad red emission peak at 688 nm. The Tanabe–Sugano diagram is applied to understand the luminescence mechanism. Additionally, the evaluation of parameters such as the internal UV emission ratio, crystal field strength, and Racah parameters is conducted. The luminescent intensity of the Sr2Lu(Nb,Mn)O6 can still be maintained at 60% upon reaching a temperature of 423 K. The findings suggest that Sr2Lu(Nb,Mn)O6 offers a novel alternative for white LEDs and indoor plant growth lighting.