Hi Paula,
Congratulations on your upcoming big
Walt Disney World vacation, you have come to the right place with your vacation planning questions!
It looks like you are planning a trip in the early part of 2021, so the best place to start is by using this link for
Walt Disney World Resort Hotels to check for availability. I suggest entering your dates and the information from your largest party (family of 5) to see what is available since you all want to stay at the same Resort hotel or Villa. Next, use the filter under "Resort Location" and select "Magic Kingdom Area" to view available Resorts.
One thing to note is that the Walt Disney World Resort is very large, and even though some Resorts may be located in the Magic Kingdom area, it still may take some time to travel to Magic Kingdom. As part of the phased re-opening, some Resort hotels are not open at this time but there is still a very large selection. I will list the currently available Disney Resort hotels or Disney Vacation Club Villas which I consider to be "closest" to Magic Kingdom and are available for your travel dates:
The first two on the list are Disney Resort hotels, and the last four are part of Disney's Vacation Club Resorts but are still available for booking by people who are not members. The two closest to Magic Kingdom are Disney's Contemporary Resort and Bay Lake Tower. You can walk to Magic Kingdom from these two locations, but they also have monorail transportation!
Regarding cancellation, you can go ahead and
Book With Confidence as you are able to cancel without penalty any hotel or vacation package (room + tickets booked together) up until the date of check in through April 30, 2021. However, in general, if you purchase tickets individually they are not usually refundable. Wholly unused tickets may be applied toward future tickets of equal or greater value if you purchase tickets but are unable to use them by their use date.
I would also like to give you a link to some helpful
Walt Disney World Phone Numbers. The number listed for Disney Resort Hotel Reservations is the best number to call when you are ready to discuss your options with a Cast Member.
Thank you for stopping by and we hope to hear from you again!
Brenda