In a large skillet, cook the bacon strips over medium heat for about 7–10 minutes, or until they are crispy and golden brown. Transfer to a paper towel-lined plate to drain excess grease and cool before crumbling into small pieces.

In a large mixing bowl, add the softened cream cheese and beat it with an electric mixer on medium speed for approximately 2-3 minutes until smooth and creamy.

Add the crumbled bacon along with the sharp cheddar, pepper jack cheese, diced jalapenos, green onions, cilantro, red onions, garlic salt, Cajun seasoning, and lime juice to the bowl. Gently mix everything together on low speed until well combined.

Carefully fold in the diced ripe avocados using a spatula until just combined, ensuring the avocado pieces remain intact.

Cover the bowl with plastic wrap or transfer the dip to an airtight container. Chill in the refrigerator for at least 1 hour to allow the flavors to meld.

After chilling, give the dip a gentle stir before transferring it to a serving bowl. Pair with tortilla chips or vegetable sticks.