Adapting a Novel to Picture book

Firstly forgive me if I am in the wrong space to bring a question like this, but I am curious for others’ opinions and guidance.

Some backstory, when I was younger I discovered H.G. Well’s The War of the Worlds and was instantly hooked, obsessed . Well’s writing along with a hyperactive 8 year old’s imagination was something I cherish from my childhood I drew all over note books my visions of how the story played out.

I grew up with this book and now being an adult and interested in writing picture books I have an inspiration to adapt this Novel into a children’s picture book. I want to capture the imaginations like this book did for me when I was younger. Luckily, this novel is public domain so the legal aspect has been sorted, and yes, the mature adult tones will have to be dialed down significantly.

Realistically speaking, would it be possible to achieve something like this? Or would it be wishful thinking?