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Step 1
Let pizza dough sit at room temperature for at least 30 minutes.
Step 2
When ready to roll out the dough, preheat oven to 500ºF. Place a pizza stone or sheet pan in the oven while it preheats. Gently start pulling dough from all sides to gradually expand it to about 6 inches in diameter. (If you’re too aggressive, the dough could tear.)
Step 3
Set a large piece of parchment paper about 14 inches squares on a work surface, sprinkle with flour, and place dough on top. Use a rolling pin to roll out dough, starting in the center and working outward toward the edges but not rolling over them, to create a round about 12 inches wide and ¼ to ⅓ inch thick. If dough sticks to rolling pin, sprinkle it with a little flour. Pierce dough multiple times with a fork to help prevent it from bubbling up as it bakes.
Step 4
Transfer dough on parchment to a baking sheet with no sides or to the back of a sheet pan.
Step 5
Use the back of a small spoon to spread pesto evenly over dough, leaving a 1-inch border for the crust. Sprinkle shredded mozzarella over pesto, followed by red onion and sliced peach.
Step 6
Transfer pizza (with parchment paper) to the hot pizza stone or sheet pan. Bake until the crust is browned and cheese is bubbly, 13-15 minutes.
Step 7
Tear burrata cheese into about 6 pieces (or thinly slice fresh mozzarella) and scatter them over baked pizza. Garnish with prosciutto and fresh basil, and finish with a drizzle of balsamic reduction. Cut into 8 slices.