In a mixing bowl, combine flour, sugar, and cold butter. Mix until crumbly.

Add ice water gradually until the dough comes together. Form into a disk and refrigerate for 30 minutes.

In a large bowl, combine sliced peaches, sugar, flour, cinnamon, and lemon juice. Toss to coat the peaches evenly.

Preheat the oven to 425°F (220°C). Roll out the pie crust and fit it into the pie dish.

Pour the peach filling into the crust and dot with butter.

Roll out the second crust and place it over the filling. Seal and cut slits for steam.

Bake in the preheated oven for 45 minutes or until the crust is golden brown and the filling is bubbly.

Let cool before slicing and serving.