The DA18-250mm (and its sibbling Tamron 18-250mm) is the perfect all-around lens. When retracted, the lens is about the same size as the 50-300mm lens.
The DA18-250mm/Tammy18-250mm is a very well liked lens by many Pentaxians incl. pros. Like every zoom, it does not have the IQ of a prime lens, but the 18-250mm is regarded as one of the best across all brands incl. Canikons. The focal lenght range is huge and cover most situations.
Manufactured by Tamron and rebadged by Pentax, the lens can be foudn quite easily in excellent condition at the PF market place, Keh.com and Adorama.com (Used) for about $350-450. (I bought mine from Keh.)
I have one on my K-7 and it is by far my most versatile lens.
Hope that the comment will help.