Warm the water and milk to 105°-115° and pour into the bowl of a stand mixer. Stir in the honey and yeast. Set aside for 5-10 minutes until the mixture has become frothy.
Add the salt, melted butter, and flour to the bowl. Mix together using the paddle attachment. Once fully combined, clean off the paddle and switch to the dough hook. Knead on low speed for about 8-10 minutes. If the dough is very sticky, add more flour 1-2 tablespoons at a time until it is only slightly sticky. It can be beneficial to also pause the mixer so you can fully scrape down the bowl to ensure all of the dough is being well kneaded.
Once the dough is smooth and soft, remove gently to a large oiled bowl. Try to keep the dough in a ball as you transfer it. Turn the dough once in the bowl to coat it all with oil and then cover with a kitchen towel and set in a warm place. Let it rise for 45-60 minutes, or until doubled in size.
Once it has doubled in size spray a 9x5 bread pan with cooking spray and set aside. Gently punch down the dough to remove any air bubbles. Transfer the dough to a lightly floured surface and work the dough into a ball and then gently shape that ball into a loaf that is just about 9 inches long. Place it in the prepared bread pan.
Cover with a kitchen towel and again set the pan in a warm place. Let it rise for 30-45 minutes until it is just about doubled in size. When it is almost doubled, preheat the oven to 350°.
Bake for 30-35 minutes, or until the internal temperature reads 190°.
Let the bread cool for at least 15-20 minutes before removing it from the pan. Allow it to cool completely before slicing in order to avoid your bread turning gummy.