When I was young I thought the stars were made for wishing on
And every hole deep in a tree might hide a leprechaun 
Old houses all had secret rooms, if one could find the key
I do believe in magic, I believe.

Chorus:

Magic is the sun that makes a rainbow out of rain
And magic keeps the dream alive to try and try again 
Magic is the love that stays when good friends have to leave
I do believe in magic, I believe. 

Growing up the grown-ups said someday I'd wake to find
That magic's just a childhood dream I'd have to leave behind 
Like clothes that would no longer fit and toys that I'd ignore 
I'd not believe in magic anymore.

When I grew up I learned again, that much to my surprise
Magic did not fade away, it took a new disguise
A child, a friend, a smile, a song, the courage to stand tall
I do believe in magic, after all. 

Last Chorus: 

Magic is the sun that makes a rainbow out of rain
And magic keeps the dream alive to try and try again 
Magic is the love that stays when good friends have to leave
I do believe in magic, yes I do believe in magic, 
Love is the greatest magic, after all.