Hollywood, 1930s. Tod Hackett, a young painter who tries to make his way as an art director in the lurid world of film industry, gets infatuated with his neighbor Faye Greener, an aspiring actress who prefers the life that Homer Simpson, a lone accountant, can offer her.
Lt. Robin Crusoe is a navy pilot who bails out of his plane after engine trouble. He reaches a deserted island paradise where he builds a house and begins to adjust to life. He is in for trouble however when a local girl is banished to the island by her father, who then comes after Crusoe.
A new boy, Harley, joins a club but shows an interest in the girl on whom the club leader has a crush. The two club members trick Harley into stealing a prize watermelon to the dismay of the furious farmer, and later dare him to enter a supposedly haunted house in which they uncover a bag of money stolen in a bank robbery.