Caramel Peanut Chocolate Fudge


Rich, Caramel Peanut Chocolate Fudge loaded with crushed peanuts, caramel, butterscotch, and peanut butter. It’s perfect for holiday entertaining and will be a huge hit with everyone!

Rich, Caramel Peanut Chocolate Fudge loaded with crushed peanuts, caramel, butterscotch, and peanut butter. It's perfect for holiday entertaining and will be a huge hit with everyone!

Get your stretchy pants on for this recipe I’m sharing with you today.  With Thanksgiving coming up soon, I don’t have turkey on my mind as much as I do delicious desserts and wondering what I’m going to whip up.  I’m not a huge pie baker (they kind of intimidate me) and the holidays can get so hectic.  Therefore, I like to come up with alternate easy dessert recipes that I can make for the holidays that will make everyone forget about the pies and cause me to spend less time slaving over the oven.  Trust me, nobody will mind when you show up with this Caramel Peanut Chocolate Fudge!  Melted semi-sweet chocolate chips, whole peanuts, peanut butter, caramel, butterscotch….how can you ever go wrong?!  It is absolutely out of this world and I had to run 5 miles after eating a piece (or two).  I then reminded myself that holiday calories don’t count.  Indulging in completely acceptable.

Adding the first layer to the fudge: the melted chocolate layer.

Layer #1

Adding the peanut and marshmallow layer to the fudge.

Layer #2

Homemade Caramel Sauce

Layer #3: the caramel!

For this particular Caramel Peanut Chocolate Fudge recipe, I used Nestle® Toll House® Semi-Sweet Chocolate Morsels and perfectly creamy Nestle® Carnation® Evaporated Milk that I picked up in the baking section of Walmart.  These ingredients are staples for me during the holiday baking season and they worked great in this recipe (I may have even snuck some of the chocolate morsels right out of the bag and eaten them plain – they are too delicious and I just can’t help myself).  I have high expectation amongst my family and friends to produce some killer desserts during the holidays and I think everyone who came to taste-test this amazing fudge was impressed.  They made sure to let me know that before they fell into their sugar comas.

I even included a video on the step-by-step at the bottom of this post .  It’s really easy to make! I hope you try out this amazingly rich, gooey, messy (in a good way) fudge for the holidays.  It’s unlike any fudge you’ve ever had – I promise.  It would even make for the perfect gift to give away to some lucky friends or family members.  You will be everyone’s best friend!

Easy chocolate fudge loaded with crushed peanuts, caramel, butterscotch, and peanut butter. Great holiday dessert for Thanksgiving or Christmas.


Caramel Peanut Chocolate Fudge
Prep time: 
Cook time: 
Total time: 
Serves: 9x13 pan
Rich, chocolate fudge loaded with peanuts, caramel, butterscotch, and peanut butter. It's perfect for holiday entertaining and will be a huge hit with everyone!
Bottom Layer:
  • 1 cup Nestlé semi-sweet chocolate chips
  • ¼ cup butterscotch chips
  • ¼ cup creamy peanut butter
  • ¼ cup butter
  • 1 cup white sugar
  • ¼ cup Nestlé Carnation evaporated milk
  • 1½ cups marshmallow creme (fluff)
  • ¼ cup creamy peanut butter
  • 1 teaspoon vanilla extract
  • 1½ cups chopped unsalted peanuts
Caramel Layer:
  • 1 (14 ounce) package individually wrapped caramels, unwrapped
  • ¼ cup heavy cream
Top Layer:
  • 1 cup semi-sweet chocolate chips
  • ¼ cup butterscotch chips
  • ¼ cup creamy peanut butter
  1. Lightly grease a 9x13 inch dish.
  2. For the bottom layer: Combine 1 cup milk chocolate chips, ¼ cup butterscotch chips and ¼ cup creamy peanut butter in a small saucepan over low heat. Cook and stir until melted and smooth. Spread evenly in prepared pan. Refrigerate until set.
  3. For the filling: In a heavy saucepan over medium-high heat, melt butter. Stir in sugar and evaporated milk. Bring to a boil, and let boil 5 minutes. Remove from heat and stir in marshmallow creme, ¼ cup peanut butter and vanilla. Fold in peanuts. Spread over bottom layer, return to refrigerator until set.
  4. For the caramel: Combine caramels and cream in a medium saucepan over low heat. Cook and stir until melted and smooth. Spread over filling. Chill until set.
  5. For the top layer: In a small saucepan over low heat, combine 1 cup milk chocolate chips, ¼ cup butterscotch chips, and ¼ cup peanut butter. Cook and stir until melted and smooth. Spread over caramel layer.
  6. Chill 1 hour before cutting into 1 inch squares.

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These are a few of my favorite things: cooking, baking, Broadway musicals, cruises, Disney World, Christmas, thunderstorms, 80's and country music, and my favorite pastime has ALWAYS been baseball. Go Yankees!

48 Responses to “Caramel Peanut Chocolate Fudge”

  1. November 17, 2014 at 6:37 AM #

    Oh wow Ashley these look amazing and the flavours are calling my name!!

  2. November 17, 2014 at 9:03 AM #

    You are right – holiday calories don’t count. This fudge looks irresistible! And I definitely would need to bust out the stretchy pants for this. 🙂

  3. November 17, 2014 at 9:15 AM #

    Whoa. All those layers! So much going on and it all looks incredible. 🙂

  4. November 17, 2014 at 9:23 AM #

    I want these bars for breakfast! Yum!

  5. November 17, 2014 at 9:37 AM #

    all of my favorite things in one…love it

  6. November 17, 2014 at 9:47 AM #

    I definitely would not complain if these showed up on the holiday dessert table. Yum!

  7. November 17, 2014 at 10:59 AM #

    Anything with caramel and chocolate combined is an instant win in my book!

  8. November 17, 2014 at 11:24 AM #

    I’d happily wear stretchy pants all winter long if it meant I got to eat this fudge regularly!

  9. November 17, 2014 at 12:05 PM #

    Gahhh these look amazing. Defintiely can’t go wrong!

  10. November 17, 2014 at 2:57 PM #

    Wowza! Stretchy pants are ready, now hand over the fudge! 😉

  11. November 17, 2014 at 3:21 PM #

    Canned evaporated milk works so well in many recipes!

  12. November 17, 2014 at 5:42 PM #

    And for christmas I was a jar of that filling mixture!…ohhhhh ashley are you kidding me with this?! This is like crack for people with no will power for sweets haha!

  13. November 17, 2014 at 6:03 PM #

    Oh my goodness! Talk about layers of decadence! I’d have to run at least 57 miles if I was left alone in the same room with that fudge.

  14. November 17, 2014 at 6:43 PM #

    GIRRRRRRL!!!! This fudge is so overloaded with INCREDIBLENESS!!!! I love every last bit of it!

  15. November 17, 2014 at 6:49 PM #

    Oooh, yum! I made something similar to these last year for my hubby for Christmas. The layers are such fun to make!

  16. November 17, 2014 at 6:50 PM #

    All things I love in one convenient little bite!

  17. November 17, 2014 at 8:27 PM #

    Ooooo Ashley, these look perfectly grabbable and addictive! I don’t think one pan would be enough. Pinned!

  18. November 17, 2014 at 9:49 PM #

    I haven’t made fudge since last season! This looks fantastic!

  19. Ginny McMeans
    November 17, 2014 at 9:56 PM #

    Look at that video! How fun. Love your bars too!

  20. November 18, 2014 at 7:05 AM #

    Those look positively decadent. YUM!!!!

  21. November 18, 2014 at 8:03 AM #

    As someone with no self-control, I can admit that I’d easily eat all of these in one sitting!

  22. November 18, 2014 at 8:11 AM #

    Oh my gosh! These look amazing…and that filling!!! I have to pick my chin up off the floor!

  23. November 18, 2014 at 12:33 PM #

    They look so great. Yum…….

  24. November 18, 2014 at 8:39 PM #

    I’ve never seen fudge look so darn good before. Wow. And I love that it reminds me of a peanut butter cup. Loving this recipe

  25. November 18, 2014 at 9:15 PM #

    Whoa. That looks incredible. All of my favorite flavors in one dessert! Winner!!

  26. November 19, 2014 at 10:43 AM #

    Oh, man, all these layers of awesomeness! Such a great dessert!

  27. November 19, 2014 at 3:44 PM #

    I love butterscotch anything! These look great! Thank you for sharing!

  28. November 20, 2014 at 8:01 AM #

    Don’t worry about the calories I am sure they all evaporate once you cut into this delicious dish of wonderfulness. I can’t stop watching that video… now having a severe late night craving.

  29. November 22, 2014 at 11:15 AM #

    This looks totally worth donning the stretchy pants for! Wow!

  30. November 23, 2014 at 11:29 AM #

    Stretchy pants… lol! Totally! I’ve never made fudge before but now must try. You can’t beat this flavor combo. Fab winner. 🙂 I hope you are well, my friend.

  31. November 27, 2014 at 11:49 AM #

    You had me at caramel and then you went and added peanuts and chocolate. Oh my word does this look good! #client

    • November 27, 2014 at 11:51 AM #

      Aww thanks!! This was really good!

  32. Katelin
    December 9, 2014 at 2:19 PM #

    Nestle Toll House Chocolate Chips are the best! #holidaymade simple #entry

  33. Danielle
    December 9, 2014 at 6:34 PM #

    Wow, those look so so good!

  34. December 10, 2014 at 8:49 AM #

    I love this twist on the classic fudge. Looks delicious!

  35. Sheila Vives
    December 10, 2014 at 12:19 PM #

    This recipe sounds do delicious and what a great dessert to take to holiday functions or give to our friends. thank you for the great pics and recipe instructions !

  36. Sheila Vives
    December 10, 2014 at 12:23 PM #

    I love using Nestlé Carnation Evaporated Milk in recipes. It gives a richer, more in depth flavor and is so complimentary in dessert dishes.

  37. Sheila Vives
    December 10, 2014 at 12:25 PM #

    Nestle Toll House Chocolate Chips is my favorite chocolate chip to use in recipes. The quality and flavor are really great ! #HolidayMadeSimple and #entry!

  38. sharon
    December 10, 2014 at 12:55 PM #

    These looks so easy to make — and delicious! Love the addition of evaporated milk. #HolidayMadeSimple and #entry

  39. Theresa
    December 11, 2014 at 10:45 PM #

    I love these. Will probably make for the Christmas cookie exchange.

  40. grace
    December 12, 2014 at 12:10 PM #

    oh my ,.. gotta try this recipe, thanks for sharing! #HolidayMadeSimple #entry!

  41. Cheryl Abdelnour
    December 15, 2014 at 5:14 PM #

    This fudge bars look awesome. It would be a great addition to any Christmas party! #HolidayMadeSimple #entry!

    • Cheryl Abdelnour
      December 15, 2014 at 5:16 PM #

      I like the chocolate chips.

  42. Leslie S.
    December 15, 2014 at 7:30 PM #

    OH my gosh! That looks delicious! It’s really beyond words. I love Nestle chocolate morsels for baking, I won’t by any other. #HolidayMadeSimple #entry

  43. carlene C.Janzen
    December 16, 2014 at 11:09 AM #

    I absolutely love the the gooey delicious taste of these,and I cheated and used not only the Nestle Chocolate morsels( for this and many other goodies) but used Nestle Butterscotch morsels since I didn’t have caramels, it it came out perfect!#HolidayMadeSimple#entry

  44. Angela Saver
    December 18, 2014 at 4:05 AM #

    My family is going to love this! I can’t wait to try it! Thanks for a great recipe!

  45. Angela Saver
    December 18, 2014 at 4:07 AM #

    My family is going to love this! I can’t wait to try it! Thanks for a super recipe! #HolidayMadeSimple and #entry


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