"Bro I gotta tell you what happened at work!"
"What man?"
"OMG! This lady came in screaming she had to use the bathroom, we told her no and she shit herself on the floor"
"Nah man you cappin for the dramatics."
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.