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白蛇和青蛇於仙山修道千年，俯望人間而動凡心，遂化身為白素貞和青兒到凡間遊玩。素貞於杭州西湖偶遇書生許仙，一見鍾情，後經青兒撮合，結為百年之好，共同經營藥店，治病救人。時逢疫季，素貞仗法普救眾生，阻礙金山寺香火，令該寺的法海和尚心懷怨懟，遂教唆許仙用雄黃酒使白素貞現原形，許仙卻被嚇死。素貞以冒死盜取的靈芝仙草救活許仙。許仙被法海哄騙在金山寺。素貞與青兒懇請法海釋放許仙，卻遭天兵天將鎮壓。素貞挺身反抗，水漫金山，卻因懷孕不支，未能取勝；許仙趁亂逃出金山寺。素貞逃至斷橋，與許仙相遇，幾番解釋，二人終冰釋前嫌。素貞誕下男孩，未幾法海卻用金?將她鎮住，並壓在雷峰塔下。其子仕林長大成人，得知母親事後，至雷峰塔前哭祭，素貞對子哭訴往事。
Legend of the White Snake/ Xu Xian and Madam White
The immortal WhiteSnake and her friend GreenSnake spend a thousand years together in the heavenly mountains practicing meditation. An accidental glimpse of human life on earth stirs their curiosity, so they transform themselves into humans—Bai Suzhen (White Snake) and Qing Er (GreenSnake)—to explore and enjoy the mortal world. At West Lake, in Hangzhou, Bai Suzhen meets scholar Xu Xian and it is love at first sight. With Qing Er as witness, Bai and Xu get married.
The married couple runs a pharmacy curing the sick and saving lives. An epidemic befalls the area, requiring Suzhen to use her magical powers to help the sick. Doing so distracts the masses from going to the Golden Mountain Temple to pay homage for good health. This incurs the anger of the temple’s monk, who decides to get revenge by convincing Xu Xian to use strong yellow wine to cause Suzhen to return to her original form. When the transformation happens,Xu Xian falls dead from fright.
Bai Suzhen risks her life to steal a magical, life-saving herbal medicine to revive Xu Xian. Unfortunately, Xu Xian is again duped by themonk and is detained inside the Gold Mountain Temple. Bai Suzhen and Qing Erplead withthe monk to release Xu Xian but are instead defeated by troops of soldiers from heaven. DespiteSuzhen’s formidable resistance and even flooding the Gold Mountain Temple, she soon can hardly fight due to her pregnancy.
Xu Xian manages to escape from the Golden Mountain temple. Bai Suzhen flees to Broken Bridge to meetXu Xian. After much explanation and clarification, the two finally reunite and forgive each other of all past wrongs. Bai gives birth to a boy, but soon Fahai defeats her with his magic golden bowl and buries her under the Leifeng Pagoda. The baby, Xu Shilin, grows up and one day goes to the Pagoda to hold a memorial ceremony for his mother. Sobbing, Bai tells him her story.