01 - Set oven to 400°F and line a baking sheet with parchment paper.
02 - In a large bowl, gently combine ground turkey, breadcrumbs, Parmesan, egg, garlic, parsley, oregano, salt, and black pepper until just mixed.
03 - Shape mixture into 16 to 18 uniform meatballs and arrange them evenly on the prepared baking sheet.
04 - Cook in the preheated oven for 15 to 18 minutes until meatballs are lightly golden and fully cooked.
05 - Heat olive oil in a skillet over medium heat; add chopped onion and cook until softened, about 3 to 4 minutes. Add minced garlic and sauté for an additional minute.
06 - Incorporate roasted red peppers, chicken broth, smoked paprika, chili flakes, salt, and pepper. Let the mixture simmer for 5 minutes.
07 - Transfer the sauce to a blender or use an immersion blender; blend until completely smooth.
08 - Return the smooth sauce to the skillet, stir in heavy cream, and bring to a gentle simmer.
09 - Add the baked meatballs to the skillet and simmer together for 5 to 7 minutes, spooning sauce over them periodically to infuse flavor.
10 - Sprinkle with fresh basil or parsley before serving hot.