If EVERWOOD wasn’t killed by the CW, here’s how it would have ended. According to Kristin over at eonline.com:
It’s my understanding they’re going to use the alternate ending (the one they hoped they wouldn’t have to use), which is not a big cliffhanger. Had the show survived, Sarah Lancaster (Madison) would have returned, surprising Ephram and bringing that storyline back for next season. Everwood really wanted Lancaster on board for next season, but in an odd twist of fate, the show that was expected to survive (Everwood) didn’t, and Sarah’s other show (What About Brian) did.
According to Michael Ausiello over at TVGuide:
I can tell you how this season would have concluded if the damn CW picked it up for a fifth year. The cliff-hanger would have revolved around Ephram receiving a voice mail from Madison saying that she was back in town. (Sarah Lancaster would’ve appeared in a single scene at Sam’s). Torn between ignoring the message to go meet Amy down on the street or calling his ex back, Eph foolishly lets Amy wait while he dials. The last scene would have been him saying, “Madison? It’s me.” It’s all a moot point though, since the alternate series-finale ending will now be used instead. I haven’t seen it, but according to someone who has read the script, it’s romantic and beautiful. And long overdue.