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Condos on the Rillito River Tucson — Placita Escondida

If you are searching for condos on the Rillito River in Tucson, Placita Escondida is your answer — and right now it is the only new construction option available.

 

Own a 1-bedroom home from $1,497/month or a 2-bedroom from $2,143/month using our builder financing at 4.99% fixed for 30 years*. FHA financing is available with as little as 3.5% down*. No resale surprises, no inherited repairs. Just a brand new home sitting directly on the river.

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Placita Escondida is a gated new construction condo community located at River and Campbell in central Tucson, positioned directly on the Rillito River Trail and the Tucson Loop. Step outside your front door and you are on miles of paved trail for walking, running, and biking. St. Philip's Plaza and Trader Joe's are within walking distance. The University of Arizona is minutes away. This is central Tucson living with immediate trail access — a combination that does not exist anywhere else in new construction in this city.

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Every home at Placita Escondida is move-in ready with a full builder warranty. Your HOA covers exterior maintenance, landscaping, pool, water, sewer, and trash — meaning zero surprise repair bills and no yard work. For buyers who want to walk out the door and onto the trail without spending a weekend on home maintenance, this is the only product in Tucson built specifically for that lifestyle. When you compare the true cost of ownership — no maintenance, no repairs, builder financing versus a standard mortgage — the numbers make a compelling case. A comparable resale home at 7% financing costs significantly more per month with none of the warranty protection.

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Placita Escondida offers 1-bedroom and 2-bedroom floor plans in a gated community with a pool, covered parking, and direct Rillito River Trail access. Homes are available now and move-in ready. Builder financing at 4.99%* is available for a limited time. FHA approved with 3.5% down options available through our preferred lender*.

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Frequently Asked Questions

What is the monthly payment for a condo on the Rillito River at Placita Escondida? With our builder financing at 4.99% fixed for 30 years, 1-bedroom homes start at $1,497/month* and 2-bedroom homes start at $2,143/month*. FHA financing with 3.5% down is also available*. Contact us for a full payment breakdown based on your specific situation. (These are estimates, Buyer qualification will vary).

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Is Placita Escondida actually on the Rillito River Trail? Yes. Placita Escondida is located directly on the Rillito River Trail and the Tucson Loop at River Road and Campbell Avenue in central Tucson. You can access miles of paved trail for walking, running, and biking without getting in a car. St. Philip's Plaza, Trader Joe's, and dozens of local restaurants and coffee shops are all within walking distance.

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What does the HOA cover at Placita Escondida? The HOA covers exterior building maintenance, landscaping, pool, water, sewer, and trash. As a homeowner you are responsible for your interior only. There is no yard work, no surprise repair bills for exterior issues, and no landscaping. It is genuinely low maintenance ownership, not just marketed that way.

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Schedule a Tour

Placita Escondida is Tucson's only new construction condo community on the Rillito River. Models are open and move-in ready homes are available now. Builder financing at 4.99%* is available for a limited time.

Call or text us at (520) 351-0040 or visit PlacitaEscondida.com to see floor plans, current availability, and schedule your tour today.

Placita Escondida Condominiums Logo

Contact Us

(520) 351-0040

2034 E River Rd, Tucson, AZ 85718

Placita Escondida Condominiums​

 

*4.99% FIXED 30-YEAR FINANCING AVAILABLE
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Financing available on select homes through preferred lender, subject to borrower qualification and credit approval. This is a limited-time rate buy-down incentive, available only while promotional funds last. Not all borrowers will qualify. Buyer must occupy the home as their primary residence. Program may not be available with all loan types or in combination with other incentives. Additional closing costs apply. Promotional rate and terms are subject to change and may be discontinued at any time without prior notice.

 

Estimated payment for 1BR, 20% down, 4.99% rate, 30-year fixed. Principal and Interest estimate only. Subject to credit approval.

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To receive the advertised rate, buyer must finance through preferred lender and meet eligibility requirements. Financing terms and rate lock availability are subject to market conditions and lender discretion. Buyer is not required to use preferred lender to purchase a condo at Placita Escondida but must use them to receive this promotional rate. Interest rate and monthly payment are provided for illustrative purposes only and are not a commitment to lend. Please consult with our sales team or a preferred lender representative for full terms and disclosures.

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Equal Housing Opportunity. All information subject to change without notice. APR = Annual Percentage Rate. HOA = Homeowners Association. Equal Housing Opportunity © 2026​

 

Floorplans, elevations, features, pricing, plans, amenities, specifications and related information, and information concerning the pricing and availability of our homes, are subject to change without notice. Move-in dates are not guaranteed. All sales are subject to the terms and conditions set forth in the Purchase Agreement. Registration does not guarantee a contract.

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“The Interest Rate and Annual Percentage Rate is subject to change at any time without notice. The rate posted may vary depending on past credit history, down payment, and approximate term. All loans are subject to approval. Terms and conditions may apply. These rates are for general market awareness and should not be considered a live quote.

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