Interesting...
Is there a story behind this?

Well, her father's assistant went crazy and took over the ranch. Then elf boy shows up again after so long.

Could someone attempt a translation of the small watermark in the bottom-right?

Kikimaru said:
Could someone attempt a translation of the small watermark in the bottom-right?

Would be easier if you had added the source... Even 'image board' can be written.

Stefan86 said:
Would be easier if you had added the source... Even 'image board' can be written.

I didn't have a source BECAUSE it was found on an image board.

The size is off, but using GIS the image traces back to a former DA user named Mazoku85.

MD5 mismatch of http://orig05.deviantart.net/3002/f/2011/011/c/1/c1f1e86cf7a93f1f687428cf5d98b215-d10yhyr.jpg