Sedona ‘crown jewel’ parcel sold after years of troubled efforts

By Angela Gonzales | Phoenix Business Journal

A 40.1-acre parcel of undeveloped land in Sedona sold for a record $20 million.

The city of Sedona purchased the Sedona Cultural Park in an all-cash deal after its city council voted unanimously to purchase the property, which can be accessed from Highway 89A and Cultural Park Place.

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