Crazy for Crust

Peanut Butter Ice Cream Topping

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When it’s a million degrees outside there isn’t anything better than a big bowl of ice cream. This easy Peanut Butter Ice Cream Topping is the perfect addition to your summer sundaes!

I’ve gotta say, I love peanut butter sauce better than caramel or hot fudge sauce on ice cream!


peanut butter ice cream topping on ice cream

I really, really miss Blockbuster. Same goes with Hollywood Video and all those mom and pop video rental places. Maybe I’m aging myself but there’s just something about walking into a video rental store and looking at all the options, picking up the DVD cases and reading the movie descriptions that I really miss.

Going to Blockbuster for a movie night was an event, right? Remember that? I could spend an hour in there perusing all the options. And I’d always find something good to rent, even when I knew nothing about any of the new release movies before walking into the store.

Now? Now I can spend hours (literally) on Netflix and Amazon trying to find something to watch on date night and nothing looks good. Being all digital totally makes you judge a DVD by its cover. And since I’m about 100 years old, or so it seems, I haven’t heard of any of the movies out and none of them look good at all.

So, last weekend, Mel and I gave up on finding a new movie to rent and we rented Pretty Woman instead.

You guys know that’s my favorite movie ever, right? And Mel wanted to rent it. #whyIlovehim

You guys, I’m not exaggerating when I say Pretty Woman is my favorite movie. It’s probably been 10 years since I watched it in full and I can still recite the entire thing.

This is how obsessed I was with the movie: when I was in college I literally wore out the VHS tape. As in, I was watching it and the tape broke and my boyfriend at the time had to go out and buy me a new tape that second because I had a meltdown. #truth

The only thing that would have made our date night Pretty Woman watching better is if we had eaten huge ice cream sundaes smothered with peanut butter ice cream topping. Because as obsessed as I am with that movie, Mel is that obsessed with peanut butter.

Peanut Butter Ice Cream Topping is the best sauce ever – perfect for any sundae or just eating with a spoon. It’s like eating liquid peanut butter!

Peanut Butter Ice Cream Topping Recipe

If you have dreams of drizzling peanut butter over ice cream or just drinking liquid peanut butter then this is the recipe for you.

Now, if you just wanted thinned out peanut butter, all you have to do is pop it in the microwave. But if you want a sweet peanut butter sauce for pancakes or ice cream, then you need to make this recipe!

All I can think about is drizzling this sauce over ice cream along with my thick homemade chocolate sauce so that my ice cream will taste like a peanut butter cup.

Ingredients in peanut butter ice cream topping

This recipe has only 4 ingredients

  • peanut butter
  • sweetened condensed milk
  • water
  • vanilla

You heat them all together until a thick syrup forms. That’s it. It probably takes 10 minutes and you have the perfect sauce for ice cream, milkshakes, pancakes, and more.

peanut butter ice cream topping on ice cream

When you’re choosing a peanut butter for this recipe I highly recommend a regular store bought peanut butter NOT a no-stir kind. Natural peanut butter (that separates) won’t melt correctly. You can use the “naturals” choices from Skippy or Jif or the other regular store brands, but those are natural no-stir peanut butters.

When choosing a sweetened condensed milk, you can use regular or fat-free for this recipe.

This is probably one of the easiest recipes you’ll ever make. Peanut Butter melts easy and the sauce comes together quick. It’s basically no-fail!

To be honest, this ice cream topping didn’t even make it to the ice cream. I *may* have eaten more of it with a spoon. And I *may* have put it in my coffee. <–That was a good decision, BTW.

Peanut Butter Sauce for ice cream sundaes!

Uses for peanut butter ice cream topping:

Other ice cream toppings you’ll love:

You don’t even need any special tools for this recipe, it’s that easy!!

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4.8 from 5 votes
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Servings: 16 servings

Peanut Butter Ice Cream Topping

Cook Time:
10 mins
Total Time:
10 mins
Make your own DIY Peanut Butter Ice Cream Topping at home! Easy, just a few ingredients, and it tastes so good!


  • 1/2 cup sweetened condensed milk
  • 1/2 cup creamy peanut butter — don't use a Natural Peanut Butter
  • 5 tablespoons water
  • 1 teaspoon vanilla extract


  1. Place sweetened condensed milk and peanut butter in a small saucepan over low heat. Stir until smooth. Add water and stir until it is incorporated. Remove from heat then stir in the vanilla.
  2. Transfer sauce to a jar to cool. It will thicken as it cools. To make it pourable, just heat it in the microwave for a few seconds, then stir and drizzle or pour over your favorite ice cream. Store covered at room temperature.

Recipe Video

Course: Dessert
Cuisine: American
Keyword: ice cream, peanut butter

Nutrition Information

Amount per serving (1 tablespoon) — Calories: 79, Fat: 5g, Saturated Fat: 1g, Cholesterol: 3mg, Sodium: 49mg, Potassium: 88mg, Carbohydrates: 7g, Fiber: 1g, Sugar: 6g, Protein: 3g, Vitamin A: 25%, Vitamin C: 0.2%, Calcium: 31%, Iron: 0.2%

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Click here to see more PEANUT BUTTER recipes!

collage of peanut butter ice cream sauce photos



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  1. I had nearly forgotten about Blackbuster! Everything is digital now. Kind of a shame. 
    This peanut butter topping looks amazinggggggg! And happens to be a perfect excuse for me to buy a big ol tub of ice cream this week 😉 

  2. This recipe = perfection!! I love chocolate syrup on ice cream, but you make peanut butter look even better. I can only imagine how good combining your hot fudge sauce with this peanut butter sauce would be 🙂

  3. Yes!  You are absolutely right!  When Nathan and I started dating in college there was a Blockbuster just a block from his apartment and I remember wandering the aisles with him and picking out movies and then big boxes of candy.  #wewerenerds #thatwasourfridaynight And now . . . Well I partially think it’s how easy it is to get movies on Netflix, or Redbox, or Amazon, you can get anything and so you take it for granted.  And also I have no idea what’s out.  And it all does look so stupid.  But this PB sauce looks anything BUT stupid.  And now I kind of think you should make it in pumpkin flavor so you can share your fall ice cream addiction with everyone.




  4. This topping looks so good.  I’m craving it now! 🙂

  5. OMG!!!! I LOVE PEANUT BUTTER!! I mean who doesn’t, right??? I can’t wait to try this!! I have always tried to make it but I always end up with clumpy sauce! I think this just made it to the top of my cheat list!! 

  6. 1-I actually miss video rental places too. We do have one chain left around here (Family Video) and now I kinda wanna go rent something!
    2-yesss Pretty Woman!
    3-Peanut butter is my FAVORITE ice cream topping and this recipe looks fantastic!

  7. Chocolate Peanut Butter Sundaes are my very favorite. Can’t wait to try this!

  8. Very good peanut butter sauce!  Quick and easy.  I added a pinch of salt.  Will make again.  Thank you, Dorothy! 

  9. It sounds like this disappears quickly, so you may not be able to answer this question….. 😉 I was thinking about making this as a stocking stuffer and was wondering how long this lasts?

  10. How long will the peanut butter sauce stay? Can you keep it longer it the refrigerator?

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