Name: Fantasy Fudge (Vintage Recipe)
Prep time: 5 min
Cook time: 15 min
Total time: 20 min
Cuisine: American
Ingredients: 3 cups granulated sugar; 3/4 cup margarine (such as BlueBonnet); 2/3 cup evaporated milk; 12 oz semi-sweet chocolate chips (Nestle Toll House); 7 oz marshmallow creme (Jet-Puff); 1 teaspoon vanilla extract; 1 cup chopped walnuts

Jump to Recipe·Leave a Review

This vintage Fantasy Fudge recipe is a holiday classic that never goes out of style. Rich, creamy, and perfectly sweet, it delivers that magical, old-fashioned taste I always crave during the holidays—especially Christmas. With a smooth texture, chocolatey richness, and just the right amount of nuttiness, this fudge is a nostalgic treat everyone looks forward to.

Fantasy Fudge (Vintage Recipe)

Why You’ll Love This Recipe

I love how fast and foolproof this fudge is. With just a handful of pantry staples and about 20 minutes of time, I can whip up a generous batch of creamy fudge that tastes like I spent all day making it. It’s also endlessly customizable—perfect for adding my favorite nuts or festive mix-ins. Whether I’m gifting it or keeping it for myself (no shame!), this recipe is a staple in my holiday kitchen.

Ingredients

(Here’s a tip: Check out the full list of ingredients and measurements in the recipe card below.)

3 cups granulated sugar
¾ cup margarine (I used BlueBonnet brand)
⅔ cup evaporated milk
12 ounces semi-sweet chocolate chips (Nestle Toll House brand)
7 ounces marshmallow creme (Jet-Puff brand)
1 teaspoon vanilla extract
1 cup chopped walnuts

Directions

I start by lining a 9×13-inch baking dish with parchment paper and lightly greasing it.
In a large saucepan over medium heat, I combine the sugar, margarine, and evaporated milk.
I bring the mixture to a full rolling boil while stirring constantly, then let it boil for 5 minutes (still stirring).
After removing the pan from the heat, I stir in the chocolate chips until melted and smooth.
Next, I add the marshmallow creme and vanilla extract, stirring until fully incorporated.
I fold in the chopped walnuts.
I pour the mixture into the prepared dish and smooth it out evenly.
I let the fudge cool at room temperature for several hours or until fully set before cutting it into squares.

Servings and timing

Total time: 20 minutes
Prep time: 5 minutes
Cook time: 15 minutes
Servings: About 117 small squares

Variations

I sometimes swap walnuts for pecans or leave the nuts out entirely for a smoother texture.
For a minty twist, I stir in crushed peppermint candies or a drop of peppermint extract.
I like using white chocolate chips for a creamy vanilla version.
Adding a swirl of peanut butter gives the fudge a fun nutty flavor.
During the holidays, I add red and green sprinkles on top for a festive touch.

Storage/Reheating

I store my Fantasy Fudge in an airtight container at room temperature for up to a week. If I want it to last longer, I refrigerate it for up to 3 weeks. It also freezes beautifully—just wrap it tightly in plastic wrap and foil, then freeze for up to 2 months. I let it thaw in the fridge before serving. No reheating needed—this fudge is perfect straight from the fridge or counter.

FAQs

What can I use instead of margarine?

I’ve tried using butter as a substitute, and it works great. It gives the fudge a richer flavor and slightly firmer texture.

Can I make this fudge without nuts?

Yes, I often leave out the nuts when I’m making a batch for friends who prefer a nut-free dessert. It turns out just as creamy and delicious.

Why didn’t my fudge set properly?

If my fudge doesn’t set, it’s usually because I didn’t boil it long enough. I make sure to reach a full rolling boil and keep it there for a solid 5 minutes while stirring.

Can I use milk chocolate chips instead of semi-sweet?

I’ve tried both, and while milk chocolate chips make a sweeter, creamier fudge, I prefer the balance of semi-sweet for that classic flavor.

How do I cut the fudge cleanly?

I use a sharp knife and wipe it clean between each cut. Sometimes I chill the fudge a bit more before slicing to make the edges sharper.

Conclusion

Fantasy Fudge is that timeless treat I keep coming back to year after year. It’s simple to make, rich in flavor, and brings back all those cozy, holiday memories. Whether I’m serving it at a party or giving it as a gift, it’s always a crowd-pleaser. Once I make one batch, I’m usually making a second before the week is over.