Relates five adventures of Owl.

Little Bear, Emily and Lucy meet in the forest by a river. They spend the summer meeting others and playing in fun activities. Too soon the new friends realize summer is over, and school soon begins. Sad, but excited to see each other next summer.

When Zack soaks his new alligator keychain in water, it grows into a full-sized and fun-loving alligator.

Penny feels guilty after taking a beautiful blue marble that she sees in Mrs. Goodwin's grass, but gets a pleasant surprise when she goes to return it the next day.

Pete invites his friends over, but when he finds that his tree house is not big enough for everyone, they work together to build a fun place that can house everyone.

When Pete discovers that his teacher is sick and his mom is the substitute, he must teach her the ins and outs of his school.

Emma needs to prepare for her class's production of The Wizard of Oz, so she can't play with her puppy, Dixie, after school. But Dixie does not understand.