Poem about place of fantasy ... (5)
I believe the answer is:
odeon
'place of fantasy' is the definition.
I know nothing about this answer so I cannot judge whether this works.
'poem about' is the wordplay.
'poem' becomes 'ode' (ode is a kind of poem).
'about' becomes 'on'.
'ode'+'on'='ODEON'
Can you help me to learn more?
(Other definitions for odeon that I've seen before include "Large UK cinema chain" , "music performed here" , "Ancient Greek concert hall" , "Greek music hall" , "Place for cinema or musical and dramatic performances" .)