The episode features an extended story based on the events of the original fairytale, where Goldilocks' visit to the Bears' home is only a small portion of the overall plot.

The story is being told by the old head Ranger Johnson (Hoyt Axton), who relates to the audience the incident of Goldilocks and the Three Bears, years ago.

Goldilocks (Tatum O'Neal) is introduced as a pretty young girl with golden curls who likes to play tricks on others and tell wild stories.

But then one day, the Ranger arrives at the house, and when he describes Goldilocks' physical description, Bill pulls her out from her hiding place in the bedroom.

The Ranger then gives an epilogue explaining that Goldilocks has changed her ways, continued to be friends and visit with the bear family, has grown into a nice lady and given birth to a daughter of her own with identical golden hair.

Steven Rea of the Philadelphia Inquirer noted that "there isn't enough story to sustain Goldilocks and The Three Bears for the length of the film.