In small saucepan, heat coconut milk, sugar and gelatin, whisking until gelatin is melted; do not boil.
Remove from heat; cool. In food processor, purée avocados, coconut milk mixture, lime juice and coconut extract until smooth.
Pour avocado mixture into pie crust. Cover with plastic wrap placed directly onto surface of filling; chill at least 4 hours.
Serve pie the same day, cut into 8 wedges; garnish each wedge with 2 Tbsp. whipped cream and 2 Tbsp. toasted coconut.
Did you know the avocado is a fruit, not a vegetable? Learn more about the amazing avocado, including its rich history, cultural impact and tasty ways to eat this delicious superfood in guacamole as well as other dishes!