refers to any person who is so sexy (both physically and intellectually) that had they known Frida Kahlo or her husband Diego Rivera, one of the pair would be willing to sleep with said person.
In other words, hot enough to sleep with Frida. Bluehouse is about having the appex of human qualities and talent. Being totally cool. Frida wouldn't sleep with just anyone.
Bluehouse refers to Frida Kahlo's famous house.
Frida and her husband slept with some famous people, including Trotsky.
Ex 1: Dang, brains, butt, that girls got it all. She's totally bluehouse.
Ex 2: Upon looking in the mirror to check your new outfit: "I am so bluehouse right now."