The abandoned home of Wilfred Butler, a wealthy but troubled man who committed suicide in 1987, has been willed to his grandson, Jeffrey. The house has sat in disarray since Wilfred's death, standing in the way of developers who want to turn the property into residential homes. Just before Christmas 2012, many years after Wilfred's death, Jeffrey and his lawyer appear in town to negotiate the sale of the property. But an Axe wielding maniac has set up residence in the house, and he doesn't take kindly to strangers.

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