"The Last Unicorn" by Peter S. Beagle explores themes of loss, identity, and the passage of time through the journey of a solitary unicorn searching for her lost kin. This quest leads her to confront the harsh realities of change and mortality, revealing deeper truths about life beyond the enchanting façade often associated with fairy tales.

The narrative emphasizes that while magic exists in the story, it is the underlying meaning and emotional depth that resonate with readers. Beagle invites us to reflect on the essence of our own lives, making the tale both profound and relatable, transcending the simplistic notion of magic alone.