Prepare crust by combining graham cracker crumbs, chopped peanuts, coconut, cinnamon, and melted butter. Press into a 10-inch pie plate and set aside.

Mix softened vanilla ice cream with ground unsalted peanuts. Place in freezer while you combine peanut butter, honey, light corn syrup, and milk. Spread half the ice cream mixture into prepared crust using an ice cream scoop. Cover with half of the peanut butter mixture and freeze for 30 minutes - till somewhat set. Repeat ice cream layer and top with remaining peanut butter mix. Pat ground peanuts around the edges and freeze until firm.