There were two neolithic lake side settlements, at Seerose and Erlenhölzli, near the modern Meisterschwanden.

Additionally, at the Erlenhölzli site, divers discovered traces of Pfyn culture ceramics, stone tools and several artifacts made of wood, including a bow and arrow fragment all from about 3,600 BC.

As the Catholic troops attacked, according to legend, the women of Fahrwangen and Meisterschwanden marched out to join the soldiers.

Any man who is captured in a net must pay his Lösegelds or ransom (often in the form of alcoholic drinks) to get free.

In the 18th Century, small scale cotton processing businesses appeared in the village.

At the beginning of the 21st Century, there are some small and medium enterprises as well as day tourism (2 hotels on the lake) in the village.

[3] Meisterschwanden is located in the Lenzburg district, in the Seetal valley on a terrace above the western bank of the Hallwilersee.

[5] The blazon of the municipal coat of arms is Per fess nebuly Azure and Argent.

[9] The age distribution, as of 2008[update], in Meisterschwanden is; 251 children or 10.2% of the population are between 0 and 9 years old and 277 teenagers or 11.2% are between 10 and 19.

[11] About 60.7% of the total households were owner occupied, or in other words did not pay rent (though they may have a mortgage or a rent-to-own agreement).

[9] The historical population is given in the following table:[3] The Villa Fischer at Kirchrain 11 is listed as a Swiss heritage site of national significance.

[15] The entire village of Meisterschwanden is designated as part of the Inventory of Swiss Heritage Sites.

[9] From the 2000 census[update], 633 or 30.8% were Roman Catholic, while 991 or 48.2% belonged to the Swiss Reformed Church.

[18] The SEETAL invitational art show and competition is held bi-annually in Meisterschwanden.