created by Them Crooked Vultures in one of their songs; it implies a coitus closely realated to BDSM (it can be inferred from the lyrics of the song as well as from the roman emperor Caligula's tendency to sadistic orgies)
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.