Preheat the Oven: Preheat your oven to 350°F (175°C) if you're planning to bake the pie.
Prepare the Filling: In a large mixing bowl, combine the sweetened condensed milk, beaten eggs, shredded coconut, chopped pecans, and vanilla extract. Stir until all ingredients are well mixed.
Prepare the Pie Crust: If using a store-bought crust, lightly grease the crust with butter or cooking spray to prevent sticking. If using a homemade crust, ensure it's fully cooled.
Fill the Crust: Pour the coconut and nut mixture into the prepared pie crust, smoothing out the top with a spoon or spatula.
Bake the Pie: Place the pie in the preheated oven and bake for 25-30 minutes, or until the pie’s edges are golden and the center is set.
Cool and Serve: Allow the pie to cool completely at room temperature, then refrigerate for at least 1 hour before slicing and serving.