Preheat oven to 350 degrees F.

Combine the peaches, 1 cup sugar, and water in a saucepan and mix well. Bring to a boil and simmer for 10 minutes. Remove from the heat.

Put the butter in a 9×13 baking dish and place in oven to melt.

Mix remaining 1 cup sugar, flour, and milk slowly to prevent clumping. Pour mixture over melted butter. Do not stir.

Spoon fruit on top, gently pouring in syrup. Sprinkle the top with ground cinnamon, if desired. Bake for 35 to 45 minutes.

The batter will rise to the top during baking and will look like a cake/cobbler.

To serve, scoop onto a plate and serve with vanilla ice cream.