When the Philadelphia bank Eileen Townsend works for transfers her to Europe, she takes her sons (teen-age Chris and 10-year-old Max) to stay with her uncle Gustav Helsing. Gustav's passions in life are schnitzel, polka music and, we will come to find out, hunting Dracula, who is living nearby as businessman Alexander Lucard. Also living with Gustav is teen-age Sophie Metternich, who impresses Chris.

Max is also obsessed with vampires, and not knowing about Gustav's quest, he misreads several signs and becomes convinced that Gustav is a vampire. With his mother away on an assignment, Max goes to the only other adult he knows, the businessman his mother had introduced him to at a reception the previous day, Alexander Lucard.

At Lucard's urging, Max lures Chris and Sophie to Lucard's castle. Upon their arrival, Lucard reveals his true nature. Max and Chris get away, but Sophie is left in Dracula's clutches. Unable to reach Gustav, Chris and Max return to the castle to rescue Sophie.

Walter and Anna Dyson, Gustav's old friend and former girlfriend, come to stay at the house. Unknown to Gustav, Max has removed the Cross of the Magyars from the house to have it blessed. It is this cross which keeps vampires from entering the Helsing home, and Lucard finds out that it's been removed. Unfortunately, the cross is returned at the last minute, and it drives Dracula from the house in a blaze of light.

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