Peter and Jessica Blake are fascinated by an antique doll house at an auction. They know that the house and the tiny doll family inside, the Picolinis, must be very special - especially when a strange magician tries frantically to outbid their father. When they get the dollhouse home they discover that the Picolini dolls are more magical than they thought - they are alive! Peter and Jessica find themselves on an exciting and dangerous adventure in search of lost treasure - while stalked by the mysterious evil magician.