Step 1

Preheat oven to 400º F and lightly grease a 9x13-inch baking dish with butter or non-stick spray.

Step 2

In a large saucepan over medium heat, whisk together brown sugar, sugar and nutmeg, then mix in butter and water and bring to a boil, stirring until sugar is fully dissolved.

Step 3

Remove from heat and set aside.

Step 4

In a large bowl, whisk together flour, sugar, baking powder, salt, cinnamon and nutmeg until combined.

Step 5

Whisk in milk and vanilla extract until smooth, then fold in diced peaches.

Step 6

Pour filling into greased baking dish, then pour topping on top.

Step 7

Place in oven and bake for 50-55 minutes, covering with aluminum foil, if necessary, until cooked through.

Step 8

Remove from oven and let cool 15 minutes before serving.