Puff Pancake with Bourbon Peaches

Ingredients (11)

• 1 tablespoon butter
• 3 large eggs, room temperature, lightly beaten
• 1/2 cup 2% milk
• 1 teaspoon vanilla extract
• 1/8 teaspoon salt
• 1/2 cup all-purpose flour
• 1 cup water
• 4 tablespoons bourbon or peach nectar, divided
• 2 tablespoons honey
• 2 tablespoons peach preserves
• 3 cups sliced peeled peaches (about 5 medium) or frozen unsweetened sliced peaches