Its a word that means a word. No just kidding its what those kids say cause they to innocent and precious to cuss. You know you know them. There's one in every room. Hey it might even be you!
FRICK FRACK PATTY SACK!!! Woah sorry man I totally didnt mean to call you that.
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 $2 million.