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.

