Imagine a summer dessert that captures sunshine in every bite. The Millionaire Peach Salad is exactly that: a cool, creamy, sweet medley of ripe peaches, whipped topping, and just the right crunch of nuts. It’s both indulgent and refreshing—perfect for family picnics, backyard barbecues, or those spontaneous sweet cravings when the weather gets warm.

This dessert is a Southern-inspired crowd-pleaser. It delivers the satisfaction of a creamy fruit salad without any baking involved. You can dress it up in a glass trifle dish or keep it simple in a big bowl—either way, it vanishes fast. Sweet peaches, a touch of caramel drizzle, and a sprinkle of toasted almonds bring layers of flavor that feel gourmet with zero fuss.
Ingredients for this Millionaire Peach Salad
- 2 cans (15 oz each) sliced peaches, drained
- 1 cup mini marshmallows
- 1/2 cup chopped pecans or slivered almonds (toasted if preferred)
- 1/2 cup sweetened shredded coconut (optional)
- 1 tub (8 oz) whipped topping, thawed
- 1 package (3.4 oz) instant vanilla pudding mix
- 1 cup vanilla yogurt or sour cream
- Caramel sauce, for drizzling
- Fresh mint leaves, for garnish (optional)

Step 1: Prep the Peaches
Drain the canned peaches thoroughly and gently pat them dry with paper towels to remove excess moisture. This helps prevent the salad from becoming too watery.
Step 2: Make the Creamy Base
In a large mixing bowl, combine the instant vanilla pudding mix with the vanilla yogurt (or sour cream). Stir until the mixture is smooth and well combined. Let it sit for 2 minutes so it thickens slightly.
Step 3: Fold in the Whipped Topping
Gently fold in the thawed whipped topping using a spatula. Mix until everything is evenly blended and fluffy.
Step 4: Add the Mix-Ins
Add the mini marshmallows, shredded coconut (if using), and toasted pecans or slivered almonds to the creamy mixture. Stir to distribute evenly.
Step 5: Add the Peaches
Carefully fold in the sliced peaches. Be gentle to avoid breaking them apart. Make sure they’re evenly coated with the creamy mixture.
Step 6: Chill and Garnish
Cover the bowl and chill the salad in the refrigerator for at least 1 hour before serving. Right before serving, drizzle with caramel sauce and garnish with fresh mint leaves if desired.
Frequently Asked Questions
Can I use fresh peaches instead of canned?
Absolutely. Just make sure they are ripe and peeled, and slice them thinly. Add a bit of sugar if they’re not very sweet.
Is there a dairy-free version?
Yes. Use dairy-free yogurt and whipped topping alternatives. Coconut yogurt and almond-based whipped topping work well.
Can I make this ahead of time?
You can prepare it up to 24 hours in advance. Just wait to add the caramel drizzle and mint garnish until right before serving.
What can I substitute for the pudding mix?
You can use 1/4 cup of cream cheese mixed with 1-2 tablespoons of honey or powdered sugar for a different creamy base.
Is this a dessert or a side dish?
It’s often served as a dessert, but you can absolutely offer it as a sweet side dish at brunches or BBQs.
Can I add other fruits?
Definitely! Try adding berries, pineapple chunks, or mandarin oranges for more color and flavor variety.

Millionaire Peach Salad
- Total Time: 1 hour 10 minutes
- Yield: 6-8 servings
Description
A chilled dessert that sings of summer, the Millionaire Peach Salad blends creamy vanilla, luscious peaches, and sweet, nutty crunch in each spoonful. Perfect for a quick breakfast addition, a healthy snack idea, or a no-bake dessert for your next gathering, this easy recipe is ready to impress. The juicy peaches balance the rich vanilla pudding and whipped topping, while the caramel drizzle and toasted nuts add just enough decadence. Whether you’re planning picnic food ideas or browsing for simple fruit-based dinner ideas, this is the refreshing finale you’re looking for.
Ingredients
2 cans (15 oz each) sliced peaches, drained
1 cup mini marshmallows
1/2 cup chopped pecans or slivered almonds (toasted if preferred)
1/2 cup sweetened shredded coconut (optional)
1 tub (8 oz) whipped topping, thawed
1 package (3.4 oz) instant vanilla pudding mix
1 cup vanilla yogurt or sour cream
Caramel sauce, for drizzling
Fresh mint leaves, for garnish (optional)
Instructions
- Drain canned peaches and pat dry to avoid excess moisture.
- In a large bowl, mix pudding mix and yogurt or sour cream until smooth; let sit 2 minutes.
- Fold in whipped topping gently until fully combined.
- Stir in marshmallows, nuts, and coconut if using.
- Gently fold in peach slices.
- Chill for at least 1 hour before serving.
- Drizzle with caramel and garnish with mint before serving.
- Prep Time: 10 minutes
- Chill Time: 1 hour
- Category: Dessert / Fruit Salad