You can create a Power Automate flow that triggers when the Owner field in your Microsoft List changes and sends you an email notification.
Create a Automated flow. Select the trigger - "When an item is modified" (SharePoint trigger)
Either you can send the email notification immediately after the trigger, OR if you want specifically when Owner field is changed, then:
Add a new step - "Get changes for an item or a file (properties only)"
Site Address: Select the same SharePoint site
List Name: Select your Microsoft List
Id: ID (from Dynamic Content of the trigger)
Since: Trigger Window Start Token
Add a Condition Action and select Has Column Changed: Owner (from Dynamic Content). Choose "is equal to" and enter true.
You can send the email notification after this step.
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Thanks,
Vipul