The aforementioned Westburg, first recorded in 1350, was built to replace the older Ostburg, which no longer met the requirements for a defensive fortification.
This time is considered the heyday of the lords of Sparneck; and Rüdiger, who had become more powerful, awarded Münchberg the town rights of Nuremberg on 13 July 1364 .
In the middle of the 15th century, many once powerful men operated in a manner which was later referred to a robber baronetcy, in order to keep their estates and if possible to expand them.
This event was reported to the Swabian League and to Charles V, who had just been named the "elected" German Emperor; he promptly placed the imperial ban on the Absberg family.
Hans Lamparter of Greiffenstein (the imperial spokesman) and Johann Lucas, who handled financial transactions on behalf of the emperor fell into his hands.
After several stops, the prisoners were brought to the Waldstein, the most secure fortress in the whole Fichtelgebirge, and which belonged to Wolf and Christopher of Sparneck.
On 1 June, a powerful army, comprising 10,000 infantry, 1,000 riders, 100 rifles, and 33 cannon with 900 pounds of gunpowder was deployed.
If the path is followed, on which a rider and barrels of gunpowder are depicted, uphill is the outer ward, of which is one side of the castle gate still survives.
The inner ward consisted of a palace, a gatehouse, a battlement with bartizan (on the woodcut in the centre of the castle and oversized) and a quadratic keep.
Waltstain, ain schloßs der Sparnecker, darauff die gefanngen gelegen, die selbst auskomen sindt durch hilff des almechtigen: Item deßselben tags ist durch Wolffen von Freyburg, einem edlman, so von der statt Augspurg zu haubtmann geordnet was, das schloß Waltstain, so des Cristoffen vnd Jorgen von Sparneckh, gebrüdere gewest, darauff die gefanngen gelegen vnd auskomen sind, nemlich Johann Lampartter und Pamgartner, verprennt vnd die gefengnus mit pulfer zersprenngt vnd zerrißsen.