3 Step Caramel Pecan Cheesecake 2 (8 ounce) packages cream cheese, softened 1/2 cup sugar 1/2 teaspoon vanilla 2 eggs 20 caramels 2 tablespoons milk 1/2 cup chopped pecans 1 (9 inch) graham cracker crumb pie crust Preheat oven to 350. In bowl, combine cream cheese, sugar and vanilla. Beat with mixer on medium until well blended. Add eggs, mix until blended. In saucepan, combine caramels and milk. Melt over low heat, stirring frequently, until smooth. Stir in nuts. Spoon into crust. Pour cream cheese batter over caramel mixture. Bake for 40 minutes, or until center is almost set. Cool. Chill for 3 hours or overnight.