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