Just adding unto the theory as many clues were displayed in Tallahassee.
Emma mentions Neverland while climbing the beanstalk. Hook mentions it as well as the Lost Boys.
Emma mentions Neverland in the motel. Neal tells Emma, “close your eyes and pick a place”. Peter Pan said to Wendy, “close your eyes…………..and you’ll see Neverland”.
August asked Neal, “Do you believe in magic?”. Peter Pan asked viewers, “Do you believe in fairies?”
Neal wore the same green hoody all throughout the episode. Peter Pan wore green. Bae wore a green cloak.
In Vancouver, August asks Neal “Been awhile, where did you go?” Neal replies “I tried to lose myself, it didn’t work.” Lose as in Lost boys or lose as in Rumple saying my son is LOST to me? Neal/Bae can’t run, he’ll always be found, either by Blue sending AWB or Rumple finding him later.
Keeper of Pandora's Box & The Yellow Brick Road.