The crash happened in Chirbury, near Montgomery, at about 11.30pm last Friday, where they found a Black Ford Kuga on its side with the driver inside.
Police are now appealing for witnesses to the crash, which left the car destroyed.
Shropshire councillor Heather Kidd, who lives close to the scene, passed her condolences to the family of the deceased driver.
"It was incredibly traumatic for the village but what this has done to the man's family I just cannot imagine," she said.
"I would like to say to the family how terribly sorry I am that this has happened."
Councillor Kidd added: "I was just about to get in the bath when I heard a huge bang and the sound of something rolling along the road.
"Then there was a tinkling sound and apparently that was the debris from the crash landing all over the village," she said.
Neighbours rushed out to find a thick stone wall demolished and a mangled car on its side.
"I couldn't look but others said it was immediately obvious that the man had died."
Councillor Kidd said a telegraph pole had been smashed in the accident, landing in a front garden, and cutting off several homes from their broadband services.
"The car rolled over and over at speed and hit and demolished a 2.5 ft thick stone wall. The engine was sitting out of the car which was unrecognisable."
The village was soon filled with police cars, ambulances and fire engines.
"It was the most traumatic event for the village," she said.
But the councillor added that the village had been concerned about the risks of speeding traffic for years.
"We are all very shocked but it is a dangerous junction and we have always said we were waiting for it to happen," she said.
"There is white lining that needs to be repainted and we will be holding a site meeting about it."
A West Mercia Police spokesman said the Kuga had for "unknown reasons" lost control whilst travelling along the A490 towards the junction of the B4386.
"Sadly, the motorist died at the scene of the incident," said the spokesperson.
Officers are appealing for any witnesses or others with footage of the incident to submit details on the force's website to westmercia.police.uk/tua/tell-us-about/ quoting reference 0720_I_03092021.
A spokesperson for West Mercia Ambulance Service said: "On arrival, we discovered one man, the driver.
"Unfortunately it immediately became apparent that nothing could be done to save him and he was confirmed deceased at the scene."
An ambulance, a paramedic officer, and a community first responder from West Mercia were joined at the scene by another ambulance, from Welsh Ambulance Service.
Four Shropshire Fire and Rescue crews from Bishops Castle and Minsterley were also scrambled with an operations officer. There they found a vehicle on its side and one person trapped. Assistance also came from Mid & West Fire Service.
The fire service declared the incident stopped at 12.18am.