A love story involving a Canadian professional hockey player and a hippie folk singer. Their union is tumultuous, as both try to come to terms with their differences in careers and lifestyles. Several National Hockey League players also appear in the film.

"Bailey's Mistake" is the name of a cold, dreary island that a bitter widow finds herself stuck on. Seems Liz Donovan got cut out of her husband's will because he'd secretly spent all his money on a New England island. Kids in tow, Liz discovers spooky secrets while getting to know the eccentric natives.

When a man visits a remote coastal town to buy a pair of silver shoes for his fiancée, he becomes involved in a dangerous bargain with the shopkeeper. He must retrieve a stolen pearl which has the power to transform the shape of whoever possesses it.