Peaches are so delicious on their own that they really don't need any help, but since a little butter, sugar and vanilla never hurt anything, these warm peaches make for a nice variation.
2 peaches, peeled and sliced
2 tablespoons butter
1 tablespoon brown sugar
1 teaspoon vanilla extract
Melt butter in a skillet over medium heat until golden brown. Add brown sugar and stir until melted. Turn off heat and stir in vanilla and sliced peaches. While still warm, serve with whipped cream or ice cream. Serves 2.