01 - Preheat the oven to 400°F. Line a baking sheet with parchment paper or foil and place a wire rack on top if available.
02 - Divide asparagus into 8 bundles of 3 spears each.
03 - Drizzle asparagus bundles with olive oil and toss to coat evenly. Season with black pepper, garlic powder, and optional smoked paprika.
04 - Wrap each asparagus bundle tightly with one slice of beef bacon, starting just below the tips and spiraling downward. Place bundles seam-side down on the prepared rack or baking sheet.
05 - Roast in the oven for 18 to 20 minutes, until beef bacon is crisp and asparagus is tender.
06 - Transfer bundles to a serving platter. Garnish with chopped parsley and serve with lemon wedges if desired.