A simple coconut beverage recipe can be made at home with minimal ingredients. The recipe involves combining shredded unsweetened coconut with 4 cups of water, adding a sweetener (optional), and adding vanilla extract. The mixture is then strained, extracted, and sweetened with honey, sugar, or vanilla extract. The strained coconut beverage can be used in various recipes, such as coffee, tea, cereal, smoothies, or as a dairy-free alternative.