Prepare the Coconut Cream Base. Start by chilling a mixing bowl and beaters in the freezer for about 15 minutes. This helps in whipping the coconut cream to a fluffy consistency. In the chilled bowl, beat the coconut cream until soft peaks form.
Add the Sweetened Condensed Milk. Gently fold in the sweetened condensed milk and vanilla extract until well combined. Be careful not to deflate the whipped coconut cream.
Mix in Shredded Coconut. Stir in the shredded coconut until evenly distributed throughout the mixture.
Freeze the Mixture. Transfer the mixture to a loaf pan or any freezer-safe container. Smooth the top with a spatula. Cover with plastic wrap or a lid to prevent ice crystals from forming.
Freeze Until Firm. Freeze for at least 4-6 hours or overnight until the ice cream is firm.
Serve and Enjoy. Scoop it into bowls or cones. Garnish with extra shredded coconut or a drizzle of chocolate if desired.