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New Construction Condos Tucson — Placita Escondida

If you're searching for new construction condos in Tucson, Placita Escondida is your only option — and that's not marketing language, it's a fact. We are the only new construction condo community currently building and selling in all of Tucson.

Own for $1,497/month with builder financing at 4.99% fixed for 30 years. Our 1-bedroom homes start in the high $200s, and 2-bedroom homes start in the high $300s. FHA financing is available with as little as 3.5% down.

Located directly on the Rillito River Trail in a gated community, Placita Escondida offers lock-and-leave living with HOA coverage that includes exterior maintenance, landscaping, pool, water, sewer, and trash. No surprise repair bills. No yard work. Just move in.

Why new construction? Builder warranty, brand new finishes, move-in ready homes, and financing rates that resale sellers simply cannot offer. When you buy resale in Tucson, you inherit the previous owner's problems. At Placita Escondida, everything is new.

We're walking distance to St. Philip's Plaza, Trader Joe's, and the Tucson Loop Trail. University of Arizona is minutes away.

Frequently Asked Questions

What is the monthly payment on a new construction condo at Placita Escondida? 1-bedroom homes start at $1,497/month with our 4.99% builder financing. 2-bedroom homes start at approximately $2,143/month. Both figures are principal and interest on a 30-year fixed rate.

Are these condos FHA approved? Yes. FHA financing is available at Placita Escondida, meaning qualified buyers can purchase with as little as 3.5% down.

How does buying new construction compare to buying a resale home in Tucson? A comparable resale home at $399K with a standard 7% mortgage costs approximately $2,655/month — over $500 more per month than Placita Escondida with builder financing. That's $180,000 in savings over 30 years.

TOUR OUR MODELS — Call/Text (520) 351-0040

Placita Escondida Condominiums Tucson

Contact Us

(520) 351-0040

2020 E River Rd STE 101

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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