"Brooklyn" enters a Skating Competition with the hopes of winning a trophy to give to her parents as an anniversary present. "Malibu" teams up with Rocki to increase their chances of winning.
Barbie loses her job at the waterpark, but decides to end on a high note by directing a play with Skipper. Meanwhile, Blissa the cat gets wished into a dragon while Teresa babysits Chelsea and Stacie.
Chelsea wishes Elvy, a magical creature that is looking for unicorns, from a book to life. Barbie and Barbie look for Dru Charles, an author with clues about where Peggy may have come from.
Rocki tricks Skipper into auditioning for a reality TV show in order to steal Peggy. Barbie and Barbie are shrunk to tiny sizes and must escape Tiger to warn Skipper.
Peggy and Rocki go to a mysterious island so that Peggy can accomplish her mission. Barbie, Barbie, and Ken are in hot pursuit, with Trey and Skipper not far behind.
Still trapped on the island, Will the Lizard Wizard puts a spell on Ken, "Brooklyn," Skipper and Trey so he can see their dreams. Meanwhile, Rocki and "Malibu" look for Will.
A new school year starts with "Brooklyn" and Rocki joining Golden Beach High. A mysterious new student named Leo enrolls at the same time a magical gem is stolen from Mesmer. Barbie and Barbie suspect something strange is happening in Malibu.
"Brooklyn" directs the school play with help from Daisy while Rocki tries to teach Chelsea magic in preparation for her spelling contest. Ken and Peggy fly to Mesmer to get help from Elvy and search for the missing air gem.
"Brooklyn" and "Malibu" try to save Simone's art show at the museum from magical shenanigans caused by a Bunnycorn. Rocki, with the help of Stacie, present their "human" report to the Glyph Council.
Skipper invites Leo over to the DreamHouse for her new club. Barbie, Barbie and Teresa hope to get information on the stolen gem from the Bunnycorn. Leo reveals that he is more than meets the eye and is searching for more than one magical gem.
"Brooklyn" and Leo release Victory, a unicorn girl, from a magical book. Barbie and Barbie take their new friend to the fair, where a fortune teller makes a prediction about finding the missing gems and helping Victory get home.
"Malibu" and Leo help a friendly vampire named Rick, while Ned and Ted ask Rocki for three wishes in exchange for keeping Leo and Rocki's secrets. "Brooklyn" and Teresa travel to Mesmer to help Victory find her sisters, the Unicorn girls.
"Brooklyn" searches for the water gem with her new mermaid friends. Teresa confronts Dru Charles about a mysterious glow in her house. "Malibu" and friends help search for a centaur village and end up meeting Alo the Alicorn.
"Brooklyn" tries to escape Banishment Island and the evil plot of Will the Wizard Lizard. "Malibu" returns to Pacifica to look for "Brooklyn" with the help of mermaid friends old and new. Meanwhile, the friends confront Alo the Alicorn for information on Leo's lost family.
After "Brooklyn" and "Malibu" return from their mermaid adventure, "Brooklyn" continues to search for information about Bunnycorns. "Malibu" helps Skipper find their parents, who have been turned into babies, while Leo, Rocki, and Alo go to Mesmer.
"Brooklyn" tries to save the school play and help Rocki overcome her stage fright. "Malibu" and Teresa investigate Dru's home for more clues, and Ken, Leo, and Alo hide the magic gems.
When the friends find themselves separated, "Brooklyn," Leo, and Rocki confront Dru while "Malibu," Ken and Teresa meet Leo's brothers. Trapped in an alternate dimension, Alo knows their only hope is to summon the Sapphire Fairycorn.
Back to Malibu, Rocki struggles with losing her powers and Leo returns to his family. With the stars of the show out of action, it's up to "Brooklyn" to save the play!