In a large mixing bowl, whisk together the flour, sugar, baking powder, and salt.
In another bowl, combine the coconut milk, coconut cream, egg, melted butter, and vanilla extract. Mix well until smooth.
Pour the wet ingredients into the dry ingredients and stir until just combined. Gently fold in the shredded coconut.
Preheat a non-stick skillet or griddle over medium heat and lightly grease with butter or oil.
Pour about 1/4 cup of batter onto the skillet for each pancake. Cook until bubbles form on the surface, about 2-3 minutes.
Flip and cook for an additional 2-3 minutes or until golden brown. Repeat with the remaining batter.
Serve warm with maple syrup, additional coconut cream, or fresh fruit.