In a large mixing bowl, take your very cold heavy whipping cream and beat it with an electric mixer until firm, stiff peaks form. This means when you lift the beaters, the cream holds its shape beautifully. Set this fluffy cloud aside for later.
In a separate medium bowl, combine your softened cream cheese with the powdered sugar. Beat them together until the mixture is wonderfully smooth and completely lump-free.
Now, stir in the pure vanilla extract, peppermint extract, and your optional red food coloring into the cream cheese mixture. Mix until the color is evenly distributed and all the delicious flavors are perfectly blended.
Gently fold in ½ cup of your crushed peppermint candy into the cream cheese mixture. This adds a delightful textural surprise in every single bite!
Carefully add the flavored cream cheese mixture to the bowl of whipped heavy cream. Using a spatula or your mixer on the lowest speed, gently fold them together until they are just combined and smooth. Be careful not to overmix; we want to keep that lovely airiness!
Spoon this incredible, creamy peppermint filling into your prepared pie crust. Spread it out evenly with a spatula, ensuring it fills the crust perfectly.
Evenly spread the thawed whipped topping over the pie filling. Then, generously sprinkle your extra crushed peppermint candy over the top for that signature festive look and a wonderful final crunch.
Place your pie into the refrigerator for at least 1-2 hours, or even longer (overnight is fantastic for holiday prep!). Once thoroughly chilled and set, slice, serve, and savor this refreshing, unbelievably easy-to-make dessert!