a phrase where you would like to use a more explicit word, yet for whatever reason, you feel it is not the situation, it is against your religion, or you are just making a vain attempt to be funny, where you then realize you cannot, because the only person who can use this phrase to make you laugh is Connor Morgan!
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 $2million.