Are You Afraid of the Dark?

The Tale of the Water Demons (4x3)

Air date: Oct 15, 1994

Two teenage boys deliver food to an old man who lives by the lake. After seeing treasures from an old sunken boat being displayed in his home, they find out that he is being stalked by water demons whenever he falls asleep. When one of the boys secretly steals one of the items, they start to be followed by the demons as well.