Neil Gaiman, Stardust - When Tristan Thorn embarks on a quest to find a fallen star, he encounters witches, elf-lords, a captain of a flying ship, and all manners of eccentrics that will stay with the reader long after the book is finished.
Stardust. A young man has to find a fallen star in a magical land that borders his town. Stars Claire Danes and narrated by Ian McKellan. I just saw this last year, may be more easily understood by older kids, 7-10. But I'm sure younger chillins would enjoy the beauty and adventure.