In a medium saucepan, combine peaches, 1 cup water, sugar, lemon juice, and basil. Bring to a boil; reduce heat and simmer for 10 minutes. Let cool completely. Strain mixture through a fine-mesh sieve into an airtight container; discard solids.
Recipe by Southern Lady Magazine at https://southernladymagazine.com/white-peach-sangria/