Heat the extra virgin olive oil in a medium pot over medium-high heat.
Add the diced yellow onion and red bell pepper, sautéing for 3-4 minutes until the onion is translucent.
Add the ground turkey to the pot, breaking it up with a wooden spoon, and cook until no longer pink.
Stir in the chili powder, cumin, smoked paprika, garlic powder, sea salt, and black pepper, coating the meat and vegetables thoroughly.
Add the black beans, kidney beans, pinto beans, and sweet corn, stirring to combine.
Pour in the crushed tomatoes and water, then bring the mixture to a gentle boil.
Reduce the heat to low, cover, and simmer for 15-20 minutes to allow the flavors to meld and the chili to thicken.
Serve hot in a bowl, optionally garnished with fresh cilantro or a squeeze of lime.