Only a butter lake, perhaps? (4)
I believe the answer is:
mere
'only' is the definition.
(I've seen this before)
I can't explain the rest of the clue.
Can you help me to learn more?
(Other definitions for mere that I've seen before include "Lake - French mother" , "Nothing more than is specified - or a poetic lake" , "of no significance" , "Pierre's mother identified" , "Former lake" .)