"That's Ice" is the single attempt known to man that ventures to replace the old and faded slang word, "Cool" (That's cool, Your bike is cool). The definitions are the same, but "That's Ice" seems to sound more interesting.
Your mom is ice.
I like your new haircut cut, that's ice.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where 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 $2million.