I've done arranging for myself, but I am new at sharing things so tell me how I did. With a capo on the third fret  
it matches the cd. 
 
Capo on 3 
Intro D   G   D   G 
 
G                           D       G                     
There's a lighthouse in the harbor   giving guidance with  
     D       F#m                      G 
it's light      but I had no one to return to   
Em                          A         G 
  as I wandered through the night      from the first time  
       D            G                       D 
that I saw you       standing silent by the shore   
F#m                     G 
   I knew my search was over       
Em                              A 
   and I would look for love no more 
 

        G                     D                   G 
CHORUS: Deep in the waters of love I am falling   sinking  
       D       G                      D    *    Bm 
like a stone   deep in my heart I can hear love calling 
      G              F#m             G 
goin' once     goin' twice     goin' gone   
      G              A               D           
goin' once     goin' twice     goin' gone 
 

G                        D      G 
There's a ship on the horizon     making it's way against  
    D        F#m                             G 
the wind        from the place where I stand watching    
Em                          A 
  I swear my ship is coming in 
 
CHORUS:same as above until last line: 
      G             A               G       D 
goin' once    goin' twice     goin' gone 
G                D        G                      D    * 
  sinking like a stone    deep in my heart I can hear love  
Bm             G             F#m            G 
callin'  goin' once    goin' twice    goin' gone      
                    A              G        D 
goin' once    goin' twice    goin' gone       
G                 D 
   sinking like a stone    fade 
 
The * in the song is where I play the 5th string 4th fret. 

maybe there's really a chord there but this works for me.