Millionaire Peach Marshmallow Dessert

Category: Indulgent Desserts for Sweet Endings

This delightful dessert features juicy peaches and pillowy marshmallows folded into a silky mix of whipped cream and smooth cream cheese, sweetened just right with sugar and finished with subtle vanilla. Crushed pecans and coconut flakes add a nutty, crunchy layer to every spoonful. After chilling, the flavors become even more harmonious—fruity, creamy, and lightly nutty. This treat is ideal for gatherings or weeknight indulgence and can easily be made ahead, allowing both convenience and maximum flavor. For a lighter touch, simply swap in reduced-fat options.

A woman wearing a chef's hat and apron.
Created By Sarah
Last updated on Mon, 26 May 2025 17:22:25 GMT
A plate of food with peaches and basil. Save
A plate of food with peaches and basil. | sarahmeal.com

Millionaire Peach Salad is a celebration of creamy and lush flavors in a chilled, crowd-pleasing dessert. Juicy peaches, fluffy marshmallows, and a luxurious vanilla dressing come together with a generous sprinkle of nuts and coconut for summer parties or whenever you want something special. This recipe always disappears fast at family gatherings, and it is easy enough for potlucks but showstopper-worthy on any table.

I first made this for my grandmother’s birthday and everyone went back for thirds–now I bring it for every holiday dinner because the requests never stop.

Ingredients

  • Peaches canned and diced: Sweet and juicy with a hint of tang Choose cling peaches if you want a richer yellow color and drain them well to keep salad texture perfect
  • Mini marshmallows: Provide pillowy softness throughout Look for fresh ones so they do not stick together
  • Heavy cream: Whipped for a thick and airy body Use very cold cream for easier whipping
  • Cream cheese softened: Makes the base tangy and creamy Room temperature is best for smoothest blend
  • Granulated sugar: Gives delicate sweetness Superfine sugar will dissolve more quickly
  • Vanilla extract: Lends signature Southern dessert aroma Pure extract gives the deepest flavor
  • Crushed pecans: Adds buttery crunch Toast lightly for even more nutty fragrance
  • Coconut flakes: Offers an irresistible chewy bite Pick unsweetened if you want to keep sweetness in check

Step-by-Step Instructions

Prepare the Peaches:
Drain the canned peaches completely by pressing gently with a spoon then dice into small even pieces and set aside so they are ready for mixing
Prep the Marshmallows:
Measure mini marshmallows into a large mixing bowl where you will assemble the whole salad later
Whip the Cream:
Pour chilled heavy cream into a cold bowl and whip using a mixer at medium-high speed until stiff peaks form which usually takes about 2 minutes Set this aside in the refrigerator if your kitchen is warm
Smooth the Cream Cheese:
Place the softened cream cheese in a big bowl and beat until it is absolutely smooth and creamy with no lumps left This step is key for the best mouthfeel
Sweeten the Base:
Add granulated sugar to the cream cheese and beat until fully blended You should not see or feel any graininess
Add Flavor:
Mix in the vanilla extract and combine thoroughly so the flavor spreads evenly throughout the base
Fold in Whipped Cream:
Using a spatula gently fold the whipped cream into the cream cheese mixture with slow turning and scooping motions until just combined for maximum fluffiness
Mix Fruits and Mallows:
Add diced peaches and marshmallows to the creamy base and fold gently just until well distributed Do not overmix to keep peaches intact
Add Pecans:
Sprinkle in the crushed pecans and stir so they are spread evenly and every bite gets some crunch
Top with Coconut:
Scatter coconut flakes over the surface for texture and that signature tropical note
Chill and Set:
Transfer the entire mixture to your serving dish smooth the top with a spatula and cover tightly Chill for at least two hours for best texture and fully developed flavor
Serve:
Uncover the dish just before serving Give a gentle stir if juices separated and enjoy chilled
A plate of food with peaches and mint. Save
A plate of food with peaches and mint. | sarahmeal.com

The pecans are my favorite part because they taste even better when lightly toasted I always sneak a handful while making this and my younger cousin helps fluff the marshmallows a tradition we both look forward to every summer

Storage Tips

Keep any leftovers covered tightly in the refrigerator This salad will stay fresh for up to three days but is best eaten within twenty four hours as the peaches can release juices over time which slightly softens the texture If you want to prep ahead hold off adding the pecans and coconut until right before serving for maximum crunch

Ingredient Substitutions

Walnuts or sliced almonds can stand in for pecans for a different nutty undertone If you are out of heavy cream whipped topping can be used just reduce the sugar a bit If you want a lighter version choose reduced fat cream cheese or even Greek yogurt for tang

Serving Suggestions

Serve this salad cold as a standalone dessert or as part of a big spread for brunches family dinners or summer parties For an extra fancy look top with more peach slices and a sprig of mint My mom loves to enjoy a scoop with her morning coffee on hot days and I have even tried it over pancakes for a weekend treat

A plate of food with peaches and whipped cream. Save
A plate of food with peaches and whipped cream. | sarahmeal.com

Cultural Background

Millionaire Peach Salad draws on classic Southern traditions of combining fruit nuts and a creamy component for showy chilled salads often seen at church potlucks and holiday gatherings The name reflects how decadent and luxurious it tastes something you would serve to impress guests From vintage cookbooks to modern Southern kitchens this dish is synonymous with summertime and celebration

Common Recipe Questions

→ What’s the best way to drain canned peaches for this dessert?

Pour peaches into a colander and let them sit for several minutes to remove excess liquid. Pat gently with a paper towel if needed.

→ Can I substitute another nut for pecans?

Yes! Walnuts or almonds work well and add a different flavor profile to the dessert's crunchy layer.

→ How do I ensure the dressing is creamy and smooth?

Make sure the cream cheese is fully softened at room temperature before mixing. Beat until completely smooth before adding other ingredients.

→ Can I prepare this dessert ahead of time?

Absolutely. Prepare it a day in advance to allow the flavors to meld and the texture to firm for even better results.

→ Is there a lighter version of this dish?

For a lighter alternative, use reduced-fat cream cheese and whipped topping instead of full-fat options and heavy cream.

Millionaire Peach Marshmallow Dessert

Juicy peaches, cream, and pecans combine in a dreamy, chilled treat with coconut and marshmallows.

Preparation Time
15 minutes
Cook Time
~
Total Duration
15 minutes
Created By: Sarah

Recipe Category: Desserts

Level of Difficulty: Moderate

Cuisine Style: American

Servings Yield: Serves 8 portions

Diet Preferences: Vegetarian-Friendly, Gluten-Free Option

What You'll Need

→ Base

Ingredient 01 425 g canned peaches, drained and diced

→ Add-ins

Ingredient 02 120 g mini marshmallows
Ingredient 03 60 g crushed pecans
Ingredient 04 40 g coconut flakes

→ Dressing

Ingredient 05 240 ml heavy cream
Ingredient 06 225 g cream cheese, softened
Ingredient 07 100 g granulated sugar
Ingredient 08 5 ml vanilla extract

How to Make It

Instruction 01

Open canned peaches, drain thoroughly, and dice into small cubes. Set aside.

Instruction 02

Measure mini marshmallows into a large mixing bowl and reserve.

Instruction 03

Pour heavy cream into a chilled bowl. Whip with a hand mixer or stand mixer on medium-high speed until stiff peaks form. Set aside.

Instruction 04

Add softened cream cheese to a separate bowl. Beat with a mixer on medium speed until smooth and creamy.

Instruction 05

Add granulated sugar to the cream cheese and blend until fully combined and smooth.

Instruction 06

Mix in vanilla extract thoroughly into the cream cheese mixture.

Instruction 07

Gently fold whipped cream into the cream cheese mixture using a spatula, preserving the airy texture.

Instruction 08

Add diced peaches and mini marshmallows to the creamy mixture. Fold gently until evenly distributed.

Instruction 09

Sprinkle in crushed pecans and fold gently to combine.

Instruction 10

Sprinkle coconut flakes over the mixture for added texture and flavor.

Instruction 11

Spoon the mixture into a serving dish and smooth the surface with a spatula.

Instruction 12

Cover the dish with plastic wrap and refrigerate for at least 2 hours to allow flavors to meld and the mixture to firm.

Instruction 13

After chilling, uncover and serve cold.

Additional Tips

  1. Thoroughly drain peaches to prevent excess liquid from loosening the mixture.
  2. For a lower fat version, substitute reduced-fat cream cheese and whipped topping.
  3. Pecans may be replaced with other nuts for variation.
  4. Bring cream cheese to room temperature before mixing for a smooth result.
  5. Can be made a day ahead to further meld flavors.

Essential Tools

  • Large mixing bowls
  • Hand mixer or stand mixer
  • Spatula
  • Kitchen scale
  • Serving dish
  • Plastic wrap

Allergy Details

Always review ingredient labels for allergens, and consult a professional if you're unsure.
  • Contains dairy (cream cheese, heavy cream)
  • Contains nuts (pecans)

Nutritional Breakdown (per serving)

These nutritional details are for informational purposes and shouldn't replace medical advice.
  • Calories: 320
  • Fat Content: ~
  • Carbohydrate Content: ~
  • Protein Content: ~