The Lost Boys say that Peter Pan went back to England because of Wendy Darling, but Wendy is just an old life he left behind. Neverland is his real home. So when Peter returns to it after ten years in the real world, he's surprised to find a Neverland that no longer seems to need him.

The only person who truly missed Peter is Captain James Hook, who is delighted to have his old rival back. But when a new war ignites between the Lost Boys and Hook's pirates, the ensuing bloodshed becomes all too real - and Peter's rivalry with Hook starts to blur into something far more complicated, sensual, and deadly.