Walt Disney's Peter Pan and Wendy, told by Annie North Bedford, illustrated by Eyvind Earle, Little Golden Book, 1952.
One of my favorite Disney movies is Peter Pan. The artwork is stunning, and while the story has very little to do with book, it still is a rather good story.
This version of Peter Pan is competently told -- rather like the Disney movie. The illustrations are based on the artwork used for the movie. While the illustrations are not as fantastic as the concept work done by Mary Blair (I pulled out a book of her work to compare), they are still quite good and are faithful to the feel of her work.