These Instant Pot Baked Beans (Homemade) taste sweet, smoky, and just slightly tangy. Ideal as a side for cookouts, picnics, or weeknight plates with grilled meat or sandwiches.
Add the water and the beans to the pot of the Instant Pot. Turn the knob to seal. Cook on manual on high pressure for 15 minutes, then let the pressure release for 20 minutes. Quick release the remaining pressure. Drain the beans and rinse with cold water.
In a small bowl, mix together 1 cup of water with the ketchup, molasses, brown sugar, and mustard.
Wipe out the Instant Pot, then add the olive oil to the pot. Press the sauté button. When the olive oil is hot, add the bacon and onion and cook until the bacon starts to render and the onions are soft and translucent. Pour in the remaining ½ cup of water and scrape any burned bits off the bottom of the pot.
Add the sauce mixture to the pot and return the cooked beans to the pot. Stir gently to mix. Return the lid to the Instant Pot and turn the knob to seal. Cook on high pressure for 35 minutes, then let the pressure naturally release for 20 minutes. Quick release the remaining pressure. Add salt and pepper to taste.
Notes
STORE Insta Pot Baked Beans leftovers in an airtight container and refrigerate in the refrigerator for up to 5 days. To freeze, transfer the beans to an airtight, freezer-safe bag. Remove as much air as possible before sealing and freeze for up to 6 months.You may need to add a splash of water if the beans have thickened in the fridge. To REHEAT, thaw overnight in the fridge, then warm gently on the stovetop, in the microwave, or in a slow cooker until heated through.