Oh you guys. You have no idea how much my family loves Christmas movies. A lot!!! And not just watching Christmas movies over and over and over again but how we loooove to make the food from Christmas movies!! Love Actually? Awesome movie. Want to make the Banoffee pie mentioned? Well, you can find the recipe here. The Grinch that Stole Christmas? Another fav. We do a whole movie night read-along found here. And what is one of our absolute favorite Christmas movies of all time? Well of course, Christmas with the Kranks. It is so good! With a hilarious Tim Allen as the dad and Jaime Lee Curtis as the mom playing up the mom jeans, bad haircut, and ugly Christmas vest, it a two thumbs up kinda family movie!!!! They talk about all sorts of holiday favorite foods in this movie but the one we were always most intrigued but was Blair’s favorite Caramel Cream Pie. 
In the movie, Jaime Lee’s character, Nora, is on the phone with her daughter, Blair, who is flying home for Christmas unexpectedly and is wondering if her mom will be making her favorite dessert, Caramel Cream Pie. Nora gets off the phone and says, “Well, I need 2 pounds of caramel and a jar of marshmallow creme.” as she and her husband (Tim Allen) are frantically rushing around trying to create the Christmas atmosphere in their home after weeks of the two of them deciding they would be skipping Christmas this year since their daughter would be in the Peace Corp and initially not coming home for the holidays.
Well. Challenged accepted. We NEEDED to know what this pie was and how exactly to make it and after much searching we now have this amazingly indulgent recipe that we make every year now…and now you can too!
- 2 (14 oz) cans sweetened condensed milk
- 1 (7 oz) jar marshmallow creme
- 1 (8 oz) container whipped topping
- 1 graham cracker crust
- To make a Graham Cracker Crust:
- 1 1/4 cup graham cracker crumbs
- 1/3 cup granulate sugar
- 1/3 cup butter, melted
- To make the Graham Cracker Crust:
- In a small bowl, mix together the graham cracker crumbs, sugar, and butter until well combined.
- Press evenly into the bottom and sides of a 9-inch pie plate.
- Refrigerate for one hour or bake at 375 degrees for 7 minutes or until lightly browned.
- Let cool before filling.
- To Make the Caramel Cream Pie:
- First, place the unopened cans of sweetened condensed milk with the labels off into a large pot of water. (When cooked, the sweetened condensed milk turns into caramel.)
- Bring water to a boil, then lower the heat and simmer for 3 hours, making sure the water stays above the cans.
- Carefully pull the cans out with a pair of tongs and then let them cool for 3 hours or up to one day.
- Open the cans and pour the caramel into large bowl, reserving 1/4 cup.
- Fold in the marshmallow cream.
- Pour into pie shell and chill in the refrigerator for several hours or overnight.
- When ready to serve, top with whipped topping and drizzle the remaining 1/4 cup caramel over top.
I love that this recipe really only needs 3 ingredients…sweetened condensed milk, marshmallow creme, and whipped topping. Of course you will need a graham cracker pie crust which you can either make by hand or pie pre-made at the store!
To turn your sweetened condensed milk into caramel you will place the cans of sweetened condensed milk (labels off, unopened) in a large pot of water. Bring the water to a boil, then lower the heat and simmer for 3 hours, making sure the water stays above the cans.
Once time is up, carefully use tongs to remove the cans and let them cool for 3 hours or put to overnight. Once cool, open the cans and you will have yourself some amazing caramel!! Check it out! How cool it that?
Pour both cans of caramel into a large bowl (minus 1/4 cup) and slowly fold in the marshmallow creme until well blended.
Mmm…how does that look!!
Pour the filling into your pie crust and refrigerate for 3 hours or overnight. 
When you are ready to eat, decorate with the whipped topping and drizzle the remaining caramel over top.
OMGoodness, I can see why this is Blair’s favorite pie!!!
Crazy good and perfect for enjoying while watching Christmas with the Kranks!!
Happy Holidays, my friends!
Love,
Maggie
I’ve been making this for years since seeing Christmas with the Kranks! Just delicious! The only problem I have is it does not set up firm to slice. Still messing around with the recipe to see if I can perfect this. Your looks beautiful!
I made this for the first time at Christmas 2015, and I had the same problem. With so few ingredients and simple prep, I am pretty clueless as what to do differently to encourage it to set up. It was tasty, though!
Yes, it does not set up well I agree, but it tastes to good to care! 😉
You can add a half pack of non-flavored gelatin which should make it set up nicely without compromising taste of texture.
Thank you so much for sharing this recipe! I have been looking for this recipe for a couple of years now (I have not been on Pinterest for very long!)! I can’t wait to make this!
I hope you enjoy it!!!
I got it to set!! Instead of all marshmallow cream mix one pack of cream cheese with some powder sugar and half a cup of powder sugar mix with marchmellow cream then fold in caramel!!
Do you think you could do this with canned Dulce de Leche in place of the cooked condensed milk? I would like to make this for thanksgiving, but dont have the time to cook and let the milk cool.
Yes you can, it just tastes slightly different…but still good!
When cooling the condensed milk, do you place it in the fridge or leave it at room temperature?
I cool it at room temp, but the fridge would do fine too!
I made this pie and it was delish! I gave it a 3 because it was extremely sweet! I followed the recipe to the T! Any tips for making the pie less sweet?
Since there are so few ingredients,that is just the way the pie is! Sorry it was too
sweet for you!
I made this for the first time a few days ago. It seemed to set okay, but I had trouble cutting clean slices because it was so sticky! Any tips on cutting clean slices? Perhaps buttering the knife would help?
Put the knife under hot water for a few minutes! That should help!