The adventures of an orphaned boy named Pete and his best friend Elliott, who happens to be a dragon.
In the early 1900s, Pete flees the Gogans, his abusive hillbilly foster family, with help from Elliott, a green fire-breathing dragon who can make himself invisible.
In 1977, Pete Healy, a five-year-old boy, is on a road trip with his parents when their car flips off the road following a near-collision with a deer. Pete’s mom and dad are killed, but Pete survives the accident and is chased into the forest by a pack of wolves. He is rescued by a huge dragon with green fur, yellow eyes, and wings. The dragon quickly bonds with Pete and becomes protective of the boy. Pete names the dragon "Elliot" after the character of a lost puppy from his favorite book.