In a large skillet over medium heat, combine the peaches and sugar.

Bring the mixture to a gentle boil, then reduce the heat to medium-low.

Simmer the peaches until they are soft and the mixture has thickened, approximately 20 to 25 minutes.

Stir occasionally to ensure even cooking.

Once the peaches are tender and the sauce has thickened, stir in the vanilla extract, adding a delightful fragrance and flavor.

Serve the vanilla-infused skillet peaches warm as a delightful dessert or topping.

Alternatively, store any leftovers in an airtight container in the refrigerator.