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A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted placeāWales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alpsāwhere the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2 million.