Does Not BearClose Inspection. This describes any situation where you are checking someone out from a distance, but when you get closer you realise that they're really not that hot.
Whoe, did you see her, I really thought she was hot, but when she got closer...
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.