Polly Regan (Brittney Bomann) has a good life on the farm with her grandfather (David Warner from TIME BANDITS and TITANIC). Unfortunately, one day Polly learns that her favorite mare is suffering with a difficult pregnancy and soon dies giving birth. Heartbroken, Polly finally comes around when she sees the new foal, who incredibly is born a real live unicorn, and soon earns the love of Polly and her grandfather. Things turn difficult when the media and the public learn of this unique treasure and descend on the farm. Also arriving on the scene is Polly`s Aunt Lucy (Emma Samms) who is concerned about Polly living on a farm, especially one with a unicorn and a sightseeing mob. When Aunt Lucy sends Polly away to school, the unicorn is left without a protector and in steps The Great Allonso (George Hamilton), a washed up magician looking to use the unicorn to regain his lost magic. Bumbling greedy neighbors and circus owners are also interested in the unicorn and Polly must do everything in her power to protect her precious animal friend.