Ingredients
- 1 (9 inch) baked pie shell
- 12 individually wrapped caramels, unwrapped
- 1 (14 ounce) can sweetened condensed milk (such as Eagle Brand®), divided
- ¼ cup margarine
- 2 (1 ounce) squares unsweetened baking chocolate
- 2 eggs
- 2 tablespoons water
- 1 teaspoon vanilla extract
- 1 pinch salt
- ½ cup chopped pecans
Why This Meal Is A Winner
Cooking Secrets
- Allow the pie to chill thoroughly before slicing to help it set properly.
- Warm caramel slightly if it’s too thick to spread evenly.
Step 1
Lightly heat your oven to 325°F (165°C) and placing the pie shell in a 9-inch pie dish. In a small saucepan, gently melt the caramels with 1/3 cup of sweetened condensed milk over low heat, stirring until smooth—this should take about 3 to 5 minutes. Pour that caramel mixture into the bottom of your pie shell and spread it out evenly.
Step 2
Melt the margarine and chocolate together in another saucepan over low heat, stirring until everything is silky and combined. Take it off the heat once it’s smooth. In a large bowl, whisk together the eggs, the rest of the sweetened condensed milk, water, vanilla, and a pinch of salt until the mixture is nice and smooth. Stir the melted chocolate mixture into the eggs and pour it over the caramel layer in the pie shell.
Step 3
Scatter the pecans on top, then pop the pie in the oven. Bake for about 35 minutes, or until the center feels set. Once it’s done, let the pie cool at room temperature for an hour before transferring it to the fridge to chill. This helps everything firm up just right.

