This research article explores the possibility of fine-tuning of the color monochromaticity of Eu3+ doped calcium magnesium silicate: CaMgSi2O6: Eu3+, Ca3MgSi2O8: Eu3+, and Ca2MgSi2O7: Eu3+ (CMS: Eu3+) phosphor by introducing a crystal field effect in the luminescence emission spectra. The effect of Eu doping and annealing temperature on modifying the morphology, crystal structure, bonding nature, luminescent properties, and color monochromaticity of calcium magnesium silicate; CaMgSi2O6, Ca3MgSi2O8, and Ca2MgSi2O7 (CMS) phosphor is analyzed in detail. CMS and CMS: Eu3+ were separately prepared by the sol-gel method, employing five different annealing temperatures. Morphological analysis using FESEM confirmed agglomerated porous structures at annealing temperatures of 800 °C, 900 °C, and 1000 °C, whereas clear particle formation was observed at 1100 °C and 1200 °C, both in CMS and CMS: Eu3+. An increase in the particle size with temperature and reduction in the growth kinetics with Eu3+ doping was noticed. The non-stoichiometric composition identified during the chemical analysis was in agreement with the XRD findings of the formation of merwinite, diopside, and akermanite phases in CMS and CMS: Eu3+. The XRD analysis further confirmed that Eu3+ doping favor merwinite over diopside structure. The structural modifications in the CMS due to the presence of Eu3+ appeared as blue and redshift in the vibrational wavenumbers of Ca–O and Mg–O in FTIR studies. Luminescence studies confirmed an increase in the peak splitting with the annealing temperature in the excitation and the emission spectra due to the crystal field effect. The possible reasons for the peak splitting are the formation of multiple phases with multiple site occupancy, preferably with the octahedral coordination, and the J mixing due to the effective charge balancing expected due to higher oxygen capture occurring at the higher annealing temperature. With the increase in annealing temperature, color chromaticity coordinates varied from (0.61, 0.39) to (0.63, 0.37) due to better charge compensation which is in agreement with the luminescence studies.