Шрек has become a domesticated family man. Instead of scaring villagers away like he used to, the now-reluctant ogre agrees to autograph pitch forks. Longing for the days when he felt like a "real ogre," Шрек is tricked into signing a pact with the smooth-talking dealmaker, Rumpelstiltskin. Шрек suddenly finds himself in a twisted, alternate version of Far Far Away, where ogres are hunted, Rumplestiltskin is king and Шрек and Fiona (Cameron Diaz) have never met. Now, it's up to Шрек to undo all of Rumpelstiltskin's mischief in the hopes of saving his friends, restoring his world and reclaiming his one True Любовь and family.