While on separate holidays in a quaint American town, Elwood and Nora, a pair of Santa’s elves, receive a critical message that sets off a chain of events destined to transform their lives and the world. With the assistance of a well-behaved young girl, they embark on a mission to lift the town out of economic hardship and guide the misbehaving children back to good behavior. As their bond deepens, they learn about the boundaries of their magical abilities, the genuine essence of Christmas, and the happiness found in aiding others.