OKW 2042 vs 2057: Which Extended Contract Is Worth More?
Old Key West has two deed lengths trading simultaneously on the resale market. The 2057 extension adds 15 years, but the premium isn't always justified.
The Unusual Situation at Old Key West
Most DVC resorts have a single deed end date. Old Key West (OKW) is the exception: it has two versions actively trading on the resale market simultaneously.
- OKW (2042): The original deed, expiring January 31, 2042. That's 16 years remaining from today.
- OKW 2057: An extension Disney sold in 2019–2020, adding 15 years through January 31, 2057. That's 31 years remaining.
Both are the same resort, same rooms, same booking rights. The only difference is how many more years of points you receive.
What the Extension Was
In 2019, Disney offered existing OKW owners the ability to extend their deeds to 2057 for $15/pt. Not all owners took the deal. Some preferred to take the cash value, others missed the window, and others didn't want to commit more money. As a result, two deed lengths now trade alongside each other on the resale market.
A contract that was extended has a deed ending 2057. One that wasn't ends 2042. The deed end year is stated on the contract and visible in broker listings (and on our listing detail pages).
How to Price the Difference
The right premium for the 2057 deed is a pure math question: what are 15 extra years of points worth to you?
Scenario: 160-point contract
OKW 2042 (16 years remaining):
- Lifetime points remaining: 160 × 16 = 2,560 pts
- At $90/pt ask: total cost = $14,400
- Cost per lifetime point (purchase only): $5.63/pt
OKW 2057 (31 years remaining):
- Lifetime points remaining: 160 × 31 = 4,960 pts
- To break even with the 2042 deal at $5.63/pt: fair value = $27,900 → $174/pt
If the 2057 contract is asking $130/pt and the 2042 is asking $85/pt, the 2057 is the better deal per lifetime point even at the higher price. If the 2057 is asking $160/pt, the math gets tighter.
This is exactly the calculation our Lifetime Cost/pt metric does automatically. Filter to OKW and compare the Lifetime Cost/pt between the two deed lengths. The lower number is the better value per point over the full ownership period.
Dues Are Identical
Both OKW deed versions pay the same annual maintenance dues, approximately $8.45/pt in 2026. This is neither a positive nor negative differentiator; the dues math is the same per point regardless of which deed you hold.
The Practical Buyer Questions
Do you plan to use OKW specifically?
OKW is a quieter, villa-style resort with a distinctly non-theme-park feel. The rooms are large and the atmosphere is relaxed, but it's a 30-minute bus ride from Magic Kingdom and lacks the proximity advantages of BLT, VGF, or Polynesian. If you want those resorts, buy at those resorts instead of counting on 7-month availability.
Do you want the long runway?
The 2042 contract gives you 16 years. If you're buying DVC in your 50s or 60s, 16 years might be exactly what you want. If you're in your 30s, 2042 expires before your kids finish college, so you may want the longer deed.
Is the premium justified at current prices?
Check the live comparison on our OKW listings page. Sort by Lifetime Cost/pt and you'll see the 2042 and 2057 contracts ranked by actual value-per-lifetime-point at current ask prices. The market fluctuates. Sometimes the extension premium is rational; sometimes sellers are pricing 2057 too high.
What to Watch For in the Listing
Our listings explicitly track which deed year applies. Look for:
- Deed Ends: 2042 (original contract)
- Deed Ends: 2057 (extended contract)
This appears on every OKW listing detail page. The listing table also shows deed end year in the resort column. Any listing that doesn't specify should be treated as 2042 unless broker notes confirm the extension.
Some brokers label 2057 contracts explicitly ("Extended 2057" or "2057 Deed"). Others just list the year. Always confirm before making an offer.
Current Market Summary
As of writing, OKW 2042 contracts typically trade $20–$35/pt below OKW 2057 contracts. Whether that premium is a good deal depends entirely on current ask prices relative to the lifetime-points math above.
Use our Lifetime Cost/pt comparison to check live. The contract with the lower Lifetime Cost/pt is the better buy regardless of which deed year it is.