Sunken Dreams

From the introduction:

This scenario concerns a small coastal village in Massachusetts, known as Porham Cove. Porham Cove has spent its relatively short existence as an unassuming fishing village, built during the colonial era. With little to do but waste the days fishing, people soon became bored and let their minds run amok. The village is now regarded as a hot spot for spying cryptids (Reptilians, monster fish and strange alien lights), most of which are claims that lack any credibility... most.