Built in the former Mönchsberg quarry for conglomerate rock used in the new Salzburg Cathedral construction, it was located next to the archiepiscopal stables (at the site of the present Großes Festspielhaus) and used as a summer riding school and for animal hunts.
In 1948 Herbert von Karajan first used the Felsenreitschule as an opera stage, for performances of Christoph Willibald Gluck's Orfeo ed Euridice.
This was followed in 1949 by the premiere of Carl Orff's setting of the ancient tragedy Antigone by Sophocles, translated into German by Friedrich Hölderlin, conducted by Ferenc Fricsay.
Between 1968 and 1970, the Felsenreitschule was again remodeled according to plans by Clemens Holzmeister and inaugurated with Ludwig van Beethoven's Fidelio under the baton of Karl Böhm.
Between the summers of 2010 and 2011 festival, the roof was renewed: The new design added 700 square metres (7,500 sq ft) of floor space for equipment and rehearsal rooms.