The Hobbit

Read as an audiobook by Andy Serkis (highly recommend)

A fantastic start to Tolkien's vast fantasy world. It very much reads like a bedtime story filled with excitement and wonders. The only reason it isn't a 5 star book for me is because I want more depth and more explanation, but I understand that this is not where Tolkien dives into more complicated matters.
Great book and looking forward to his other works!

Summary:
Bilbo Baggins, a hobbit of high regard, lives comfortably in his hobbit-hole when he is introduced to the old wizard Gandalf. Gandalf approaches him with the prospect of adventure, which he refuses, and then is subsequently almost forced into the services of a troupe of dwarves that aim to reclaim their kingdom under The Lonely Mountain. They embark on a journey, which takes them through Rivendell; through the home of a shape-changer, Beorn; through the goblin infested caves, where Bilbo Mets Gollum and finds a ring of power; through the dark forest called Mirkwood and then ultimately to the Lonely Mountain. Bilbo enters the mountain as a bugler and meets the treasure guardian and current resident of the great hall, Smaug. Smaug is defeated by Bard. Bilbo is adventurous and becomes a voice of warning and wit and is trusted as a leader with the dwarves. He finds the treasured Heart of the Mountain and pockets it. When Thorin Oakenshield begins to develop a jealousy for all gold and treasure, Bilbo appeals to the king's enemies. The mountain and it's riches are desired by many, and different enemies come to war to lay claim. Goblins appear to get vengeance for their fallen king. The armies of the Elfking, the humans of Laketown, and the dwarves attack together. Many are killed including Thorin, Fili, and Kili. Thorin's cousin becomes King Under the Mountain.
Bilbo is rewarded a share of the treasure and journeys back home with Sting, his riches, his mithril shirt, and his precious ring of power.